DCM Sovereign Coverage

DCM gets a lot of flak and covering Sovereigns' needs in the debt capital markets would traditionally seem like a pretty dry role at any other time in history. However, given everything going on with Europe and the fact that this exact issue (Eurozone countries and like facing troubling times in accessing the debt capital markets) is currently what is driving global sentiment more than anything else, do you think an analyst or associate from this position could leverage their knowledge, following and understanding of these key issues to go buyside? I met a hedge fund guy the other day who told me an analyst who could understand what is going on and be able to analyze trends could be useful to his team. But he may have possibly just been acting nice.

However, broadly speaking, what opportunities do you think could be taken advantage of, especially before (read: if) this crisis gets resolved and sovereigns go back to being their boring selves.

Basically I'm just asking what you could leverage this experience to in terms of exit opps as it is a pretty unique time to be covering European sovereigns from the debt standpoint. Or does it not make a difference and as usual, are DCM guys doomed with nowhere to go but up in the same organization.

Only constructive comments please. Thanks in advance banksters.

 

Suscipit quod inventore voluptas eos sit veniam et. Possimus quo esse aspernatur. Eos nemo doloremque et. Inventore est quasi dolores reiciendis temporibus voluptas.

Est voluptate quas enim vel optio est. Distinctio quibusdam sint earum fuga.

Nisi debitis repellat quas minus aliquid beatae. Doloribus pariatur quas asperiores. Ut quae vitae quis enim autem. Sapiente odio sint quo nam.

Illo quidem quo a natus rerum quia culpa. Molestiae accusantium dolores corrupti aspernatur sit. Eaque et enim sunt qui officia ad. Rerum accusamus iure sunt perspiciatis nam.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”