S&T Offers: Credit Suisse vs Deutsche Bank vs UBS vs JP Morgan

As a grad who has the opportunity to start at one of these firms, which bank is the best positioned to offer the best experience/compensation/job security, for Sales & Trading? Also, any thoughts on how Dodd Frank repeal/Mifid II will affect work at these firms?

FYI:
JP in Singapore, the rest of the offers are for London

Would be great to hear from you!

 

Hey mate,

What role will you be doing (e.g. trading, sales-trading, sales, etc)? And which desk (credit, cash equities, rates, etc)? Will be able to give better advice then :-)

"Work is the curse of the drinking classes" - Oscar Wilde
 
Best Response

Decent.

I did a summer myself on CS' trading floor. From experience, I can say that equities (cash and derivatives) was not a happy place. A mate of mine currently works in their London office, and have heard prospective headcount is low again this year. Similarly, DB in London looks a little fragile, what with all the chatter about Deutsche re-focusing on Europe (read: Germany) and the caution surrounding Brexit. Again, had a mate that used to work there - has since moved on. UBS, then, seems like a neutral-to-good option. Yet again, have mates there, and they seem to feel "safe." This may have something to do with the firm's expensive new office near Liverpool St. JPM, of course, has the strongest brand, however I'm not at all well versed concerning its footprint in Singapore. Personally, I'd opt for London as - despite all the Brexit f*ck ups - it remains a more prominent financial hub.

Will have a think in more depth, and also about Dodd Frank and MIFID, and get back to you.

"Work is the curse of the drinking classes" - Oscar Wilde
 

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