CIti Consumer & Retail Group Overview
(Senior Monkey, 66
Points)
on 2/12/11 at 5:43pm
I know there's been some mention about the Citi's Consumer & Retail banking group on here, but no concrete information on this forum. Does anyone have information on the pros/cons of the group, what areas the group covers, size of the group, etc? How is the culture within the group?
While I understand it's not the best industry coverage group at Citi b/c of lots of turnover at the MD ranks during the economic downturn, I've heard the group is still fairly busy. Any comments are greatly appreciated.





Btw, this is for lateraling
Btw, this is for lateraling into the group.
Anyone have any comments?
Anyone have any comments?
At least in London many
At least in London many people from Citi Consumer lateraled to Barclays IBD recently.
I heard they pitch a lot
I heard they pitch a lot because they need to rebuild.. similar to UBS / BAML
Other teams aggressively pitch a lot to build e.g. Nomura/Barcap
I would say for IBD its probably better to join GS/MS/JPM/CS/DB to focus on deals rather build/rebuild
Thanks guys. Did they lose
Thanks guys. Did they lose most of their senior people over the past few years?
ankurwedskomal wrote: Thanks
Thanks guys. Did they lose most of their senior people over the past few years?
what office are you referring at?
the New York office. How
the New York office. How large is the group in NYC?
I've heard C+R is one of
I've heard C+R is one of their top groups. It is also an interesting group in terms of being able to relate to and understand its clients - very straightforward. I'd imagine decent placement at C+R focused PE.
agreed. I heard its strong in
agreed. I heard its strong in London!
Citi's C+R worked on
Citi's C+R worked on Kraft-Cadbury I think (I was interviewed by someone at Citi C+R who worked on that deal).
Citi's C+R group is one of
Citi's C+R group is one of their strongest groups (and one of the strongest on the street)
Really? I didn't know it was
Really? I didn't know it was one of best groups on the street. I thought it was middle of pack at best (after GS, JPM, CS for sure). But good to hear that it's a strong group.
randombetch wrote: Citi's C+R
Citi's C+R worked on Kraft-Cadbury I think (I was interviewed by someone at Citi C+R who worked on that deal).
I was also interviewed by a really nice VP (girl) who worked on the Kraft-Cadbury deal for 3 years...
-the baller
Heard good things about the
Heard good things about the culture of that group. Intra-office basketball games, etc. Strong dealflow, one of Citi's best along with Telecom.
and obviously M&A
and obviously M&A
What other major deals have
What other major deals have
do you have the offer from