Credit Suisse S&T?
I'm applying to Credit Suisse Equties S&T as a summer analyst, can anyone give me some background info on Credit Suisse Equities S&T? What in general is their S&T department known for?
Also, on the application there's an option for S&T or just trading, would the difference be that they would only consider your app for trading instead of both sales/trading?
i thought they were stronger in fixed income
Dvd stop bashing Equities.... that post is irrelevent to the OP question.
relax man
CS has recently doubled its effectives in Equity S&T. They have done really well in 2006 and 2007. It's a swiss bank as well, so apparently they are supposed to treat you better than others (Wikipedia style: "sources needed"). They recently just got out of a lot of problems, kind of thanks to John Mack and the way he delt with the litigations and potential litigations the banks was facing after the internet bust. However, he fired a lot of people and hurt the bank a bit. In 2006 I believe they instored a new strategy were they merged all their businesses. They have a new strategy integrating all their lines of businesses together, which can or cannot be great for the bank. As I previously mentionned they have had some great results. Not only this but they have 20% less VaR (source: morningstar) than most over banks, which means that their trading department could be taking way more risks, thus being even more profitable.
Overall: I am holding some CS right now, and I am hoping for their stock to break the roof in the next few years.
Then it really depends on the desk you are at wether or not they are good or not.
Remember, you will always be a salesman, no matter how fancy your title is. - My ex girlfriend
from an ex-CS source: their fixed income is traditionally strong; however, their fixed income did so bad this year that it will probably cut into equity bonuses.
Thanks for all the help Disjoint and aachimp.
credit suisse... sales&trading??? (Originally Posted: 09/15/2009)
would really appreciate any thoughts on s&t at CS?
i know this is sorta vague... but any comments would be nice...
i.e i realized that BofA ML seems alot heavier on the sales side if that makes any sense... citi seems to involved less with hardcore exotic derivatives...
anythoughts...?
would really appreciate it =P
What kind of exotic derivatives are you talking about?
ok so... i wish i could give a better answer then this but, here it goes...
i went to the info session at my school a couple of days ago for citi and when i asked them about the significance of my FE degree/quant stuff... the MD present told me that they simply 'weren't too invovled with exotic derivatives.'
im only a junior and really don't know much unlike you and the other around here, but it sounded as if the equity option work at Spot Trading seemed alot more 'exotic' than the options citi worked with...
im hoping im not making an absolute fool of myself, if i am... i appologize in advance. just trying to learn.
thanks
o and more on topic, thoughts on CS?
So you are doing FE undergrad? That's weird that he assumed you were quant... I've seen some MFEs do exotic options, vanillas, but also cash treasuries, so its more about what you are interested in doing.
Anyway, to answer your question, CS does still do a decent amount of exotic derivatives in FX and equities, not so much in Rates for the time being.
As far as I know Spot does not do any exotic options. I'm not sure how he was using the term, it seems like he was using it rather loosely meaning any kind of more quantitative strategies.
WSO thinks more math = more money which is utterly retarded. You have a bunch of math geeks that have found something useful to do with their skill sets. I have a friend at a Spot competitor that trades options and another friend at citi on their equity options desk. They are two very different types of market makers.
CS Program trading in equity is pretty big. Might go out on a limb and put them 2nd to only GS in program trading.
"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
o ok so it sounds like CS has legit S&T activity , (unlike BoA... thought they would have more since they are BoA & M [feel free to lash out if im wrong. learning...])
so what do you mean when you say "program" equity trading... do you mean high frequency?
I am doing OR but FE concentrated. if you check out some of my other posts, you'll see that im planning on dropping the concentration and etc etc etc (long story, will elaborate if need be done)
So um... internships that are abroad (mainly hk). if i plan to end up in nyc... bad idea? i have heard mixed reviews on this...
i'm only responding to your most recent post, but are you really going to say that BoA lacks "legit S&T activity"? one of the largest banks in the world which has also recently absorbed one of the largest investment banks in the world isn't "legit" in sales and trading?
pack it in. seriously, you are destined for failure.
i appologize for that vague comment. My interests are in Trading and not much in Sales. I was told, when they came up to CU for an Info Session, that they saw themselves as more of a commercial bank and that they were also not heavily involved with exotic derivatives. Also unlike Citi, they did not have a Prop. Trading division.
that is what i meant by "legit S&T activity". sorry.
... and responding to your unnecessary remark at the end of your post, im curious to how you came to such a conclusion.
"destined to fail"... pretty harsh no?
... also isn't your logic flawed?
Big Commerical Bank + Big IBank = Big Commercial Bank with pre acquisition ML-ish Sales and Trading activity?
and... at the time of acquisition the state of ML was depressing no? hence not much of a
"one of the largest investment banks in the world"
???
anyone?
BoAML is one of the biggest Investment Banks and players in trading of most products, although, like most firms, they have cut back on the exotics side.
cs is a great shop that has a lot going for it. i'm not sure how they are with analysts, but it's certainly not a warm and fuzzy culture. if you don't mind that, they have a lot of smart people (though surprisingly bad systems from what I hear) and you can get paid.
Credit Suisse CS S&T EQUITIES - Anyone apply? (Originally Posted: 01/13/2010)
Was wondering if anyone applied and if you have heard back?
This is my top choice, hoping to land an interview but since I applied through a referral/forwarded by a banker, I'm not sure when I may be contacted, if at all.
Feeling anxious...
Thanks
Why don't you mail him to ask?
He is still on vacation.
Ok.
I have also applied for a position: EMEA IBD - London. This was also done via networking, but I still had to submit an online application.
I haven't received any news. Been a week since I took the tests.
My 2 cents
Thanks... but I'm positive the HR is separate across different divisions. And in the US I don't have any online test or whatnot. Hopefully both of us hears back soon.
Anyone from from US CS S&T Equities?
Equities in NY? I know a few ppl there but they migth be too senior / detached
I do know one of the heads of MBA recruiting
Yeah I went thru a referral as well.. skipped the tests.. hmm took within a week before the HR replied. there was ongoing communication within the recruiting mgr, HR and the person i went thru..
yup probably your best bet is to wait for the guy/lady..
good luck
Did u apply to us summer analyst...?
Just wondering since ur located in singapore and older
I'm hesitant to keep on bothering a banker since now its really up to me, he already introduced me to h r as well
You should have been contacted already. When did the banker send his referral?
He facilitated a meeting between h r and I in november I'm a non target for this particular division , and h r had contacted me asking for my satscores, that's about it. The resume drop ended jan 8 maybe its too early?
Who did you meet Lawson? Who do you know someone from Investment banking? Yeah, I interviewed with them at the end of january so maybe you will get a response next week or so.
Well, I met Lawson but she is in charge of Fixed Income, so we didn't talk much. Will PM you my recruiters name...
Yup I did.
I did twice for my SAs, both responded pretty early to schedule the interviews. So I honestly think you should either contact the HR or wait for the banker. Have you tried contacting HR yet?
No I haven't bc I thought it might be too early to get worried but I guess ill place a call with h r soon.
I mean SA recruiting hasn't really started yet, so I wouldn't get frantic yet.
I don't think u need to be antsy yet. I recall that OCR deadline for CS at our univ(target) is not until next week
Yea I called h r and they said it was too early
hmm yeah come to think of it, HR called me like a few days before or after the closing date.. well good luck anyways
Did the same, except for CS IB SA. Come from undergrad school and had an MBA student/summer associate fwd my resume to HR. I know IB is different from S&T, but the HR lady did the same as with you (responded and asked for SAT scores). My lady said I won't be contacted about my candidacy until late Feb.
I talked to 2 HR ladies and they said that for referrals it was too early, but wow, Feb seems really late, OCR has already started for my school...
Yeah I know, it threw me off as well. Not only Feb, but LATE Feb - most recruiting should already be over by then. I'm going to touch base with her and see if there's anything I can do in the meantime (network, reach out to people, etc.).
do you think they hold referral interviews/superdays separate from OCR/target school/etc?
Credit Suisse S&T (Originally Posted: 09/09/2009)
Anyone go to that Credit Suisse S&T networking event tonight?
no. anyone know what the recruiting process is like for CS S&T? got a message from one of their recruiters telling me that they got my resume from an employee and that i should apply. the thing is, i don't know anyone at CS...
Could be from applying SA the previous year or from a kid from your school who came across your resume/knows you.
Credit Suisse Equity S&T Interview help (Originally Posted: 09/25/2009)
So I've got a first round on campus interview with CS next week for the equity S&T full-time analyst position. I was wondering if anyone here has been through this interview and the sort of questions I can expect to be asked.
Thanks
Expect mostly fit questions, perhaps a brainteaser/probability question, and general market knowledge question like "What positions would you take in the market now." If you specify that you really like options, be prepared to answer questions relating to basic options theory.
from what i remember, most of the questions were about trying to get to know you better (see if you fit in their culture,team etc). they'll probably ask general market questions as well.. but im guessing they just want to know you better.
i think the more technical issues and questions will be asked during the later interview stages.
CS S&T Offers (Originally Posted: 10/07/2009)
Has anyone heard from CS regarding S&T offers? Preferably equity side?
So...anyone heard back from CS with S&T offers on the equity side yet?
help needed, CS analyst s&t interview (Originally Posted: 12/11/2012)
Hi guys,
I am having a (telephone) interview for a sales position at CS fixed income upcoming and have some questions:
Is it bad sign that they changed my interviewer to analyst from MD? and how can I compensate?
How technical do CS interview get?
If I get a offer, what are my changes of getting into trading? Since it is real sales position but trading had my preference?
Thanks
md prob got laid off....about 120 layoffs announced today
Those 120 layoffs were actually just a notice of planned layoffs the bank filed with the Labor Dep't and are across back/mid/front office.
But yes, MD probably was laid off anyways since CS fires everyone.
I would stay away from S&T at CS if possible.
Advice needed - CS S&T - Problem (Originally Posted: 02/08/2013)
Hi there,
I had a SA S&T CS interview. It went really well. Waited 2 weeks for a response, I put forward that I already had another BB SA offer to sign. HR calls me last week, saying all positions are full and that there will be no further assessement center. She went through the feedback with me, which was very positive. She said that I would be a very good candidate, and that I had extensive market knowledge and experience and that the two interviewing analyst thought I was a good fit. Unfortunately all positions are filled ?! I tried to get SA interviews for other geo.locations, she denied saying that I would have to reapplly to these positions.
What shall I do?
1) Call up CS VP/MD after market hours saying that I have had very good feedback but positions were filled and ask whether or not they had vacancies for their desks? 2) Wait for CS to contact me at any point in time?! dead end ?!
Best,
Will
To cut to the chase - take the other offer. One of 2 possibilities: 1. Someone at CS f***ed up and forgot to call and ding you - it happens sometimes, and is not professional, but that's life; 2. Someone at CS really f****ed up and forgot to call and offer you a SA position - never heard of it happening
Given the 2 week silence I would lean towards the first explanation (Occam's Razor and such).
If you really really want CS for FT, I'd send a very nice hand written letter to the partner in charge of regional recruiting, explain the situation, its unprofessional appearance, and that you hope this poor performance is not an indication of the FT recruiting ... but that's risque!
Urgent help needed for Credit Suisse, S&T Analyst job (Originally Posted: 09/07/2013)
Hi guys I wrote a cover letter and I need to improve it, please tell me what I can do to improve it as I have no idea what to do. I couldn't find any other forum specific to cover letter hence the post here.
I would put the names of the people you talked to in the very first paragraph.
Sequi sed ea sint ipsum quae. Sunt et harum nemo aliquam. Maiores aliquid in aliquam voluptate fugit assumenda nostrum. Quo neque voluptatem velit ea assumenda eum distinctio.
Illum mollitia earum pariatur maxime ad consequuntur deleniti voluptatem. Dolorum asperiores optio molestias molestias.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Corrupti ipsum sed exercitationem iusto laboriosam non sint qui. Velit cupiditate consectetur deleniti fuga. Quis dignissimos et et est quo. Voluptas et veritatis a commodi fugit. Saepe delectus qui modi ipsa.
Dolore nihil voluptatem voluptas possimus aspernatur modi reprehenderit. Non tempora culpa aut accusantium cum harum sunt. Quia rerum id atque repellat. Aliquam ducimus hic quod quisquam cum.
Earum officia sed laudantium placeat. Non eum laborum tempore molestias et. Sapiente consequatur cumque qui voluptates.
Expedita nam repellat voluptas non. Ullam corporis ut ut numquam doloremque omnis. Ea voluptas quos velit omnis consequuntur. Id et ut et cupiditate incidunt perferendis.