Hi,
I'm new to this forum, but I'm currently sat on the following offers (all in London FT).
1) Citi M&A
2) Citi Lev Fin
3) Greenhill M&A
What would you consider to be the most prestigious and best for exit opps in the future?
Thanks in advance.
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Greenhill
Greenhill's quite prestigious in London. Have you considered fit within the groups as well?
Congratulations on the offers, very impressive.
Greenhill all the way.
GHL
Greenhill for PE, Citi for anything else
Greenhill hands down.
greenhill? am i missing something here? Citi is a bulge bracket and is still considered a solid bank. I would go with citi M&A
Bulge bracket doesn't necessarily mean better. Greenhill competes with MS/GS in M&A. It is definitely a top-tier shop, and to get into PE it is arguably (well, it's a fairly easy argument to make) better than Citi.
under what circumstances? any chance you can back up your argument with some quant figures ie deal flow, etc...
mas, please make that easy argument.
since it's FT, go wherever you like the people more.
Go on to a Bloomberg and pull up M&A league tables. Greenhill is almost always up there with GS/MS.
This is in London, I'm pretty sure Citi dominates over there.
you are fucking crazy to choose greenhill over citi, a top notch BB. Greenhill London is dead. no exit opps, nothing...my friend moved there after 2 years at UBS and regrets it. dealflow is pretty much zero and no megafund recruits from Greenhill London.
Greenhill is my gut reaction but I don't know how they are in London.
How do you have offers for Citi M&A in London when that team doesn't exist?
And by Citi LevFin do you mean the alternative assets group? Because there isn't a LevFin group.
Moreover, as far as I know, unless you are a returning intern, they don't recruit into specific groups. (unless you are lateraling from somewhere else in which case the recruitment would be group specific).
Choose Citi for exit opps and experience :
Greenhill is good but you will be working on smaller deals (they need the deal flow to survive...) and the competition is harsh in the boutique world (Lazard, Perella weinberg, Evercore, NM Rothschild, Hawkpoint)
Citi will have m&a mandate because they can provide financing.
For PE exit opps : You ll have some interraction with the levfin team which is non existant at Greenhill. And will have pe m&a mandates (they finance a lot the LBOs so they get a part of the m&a mandate).
It is also easier to move to a boutique coming from à BB (much more difficult the other way)
citi no doubt....in Europe things work very differently from the U.S.
In U.S, I would probably choose Greenhill over Citi, but in Europe from my experience and others, PE shops and headhunters are always looking at analysts from BB rather than boutique (with the exception of Lazard).
My friends at Citi are miserable, but those are Greenhill are happy. I guess if you are 2 years and out type then do Citi but if you think you might stay longer in ib, Greenhill
Really? I thought the opposite was true. Greenhill places well into PE, so it's a good place for an analyst stint, and isn't a BB a better place to develop a career in banking?
Bloomberg M&A league table, global announced ytd, western europe:
I think the choice is pretty clear. People on this forum love boutiques for some reason.
Citi has 5x more analysts than GHL, but it's deal flow is certainly not THAT much higher. You would obviously expect Citi to have MORE deals because it's so fukin huge. Quality of the team and fit are important reasons as well.
Now that I think of it, the gap would be much bigger than 5x, given that GHL has 5 Associates in London. Giveen this, I can't imagine that they have too many analysts. If all those Western European deals originated out of the London office, then GHL has much better deal/banker ratio.
Greenhill.
ews09 good point but I'm just going by happiness level
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