Citi's Sales & Trading VS. DB's Risk ManagementST
I have recently been offered a sales & trading internship this summer at Citi, as well as a risk management internship at DB, both in NYC. The situation right now is that I have verbally committed to Citi, but I am very split 50/50 on the firms. I know that if both firms were in the same financial shape, I would take Citi in a heartbeat, but with the imminent threat of nationalization, everything about Citi is up in the air. I know for a fact that the return offer for FT will be much higher, and I like the people at DB just a little bit more than at Citi (although I still like people at Citi). The risk management internship has many subgroups in which the MD in those subgroups pick you for their subgroup for the summer. These subgroups include, compliance, money laundering, market risk, credit risk, and hedge fund credit risk... keep in mind though that I do not get to choose, the MD's do. I think the hedge fund credit risk would be worth it, since you get to look at hedge funds' books and portfolios and strategies etc... but I'm not guaranteed to be in it. On the other hand, Citi is known for having great internship programs, I feel like I will come out of the internship at the end of the summer with more experience than if I went to DB, although the return offer for FT i probably not as likely as at DB.