I would listen to your friend. Whats the point of going into finance if your friends don't think where you work is prestigious? I can see it now, your grandmother getting laughed out of her church group because her son works at DB.

 

Tell your friend to go fuck himself and then dare him to do better.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

DB is an excellent firm, your friend is a total idiot that probably works at a no-name boutique and finds himself special because he has a lot of "exposure to the complete deal process"... granted the deal is for the purchase of a 3-store deli "chain" in suburban indiana.

 

I'm not sure about that. At home (in Germany), there is a lot of stuff going on in terms of further regulation for and investigation on DB and others. Especially since 2013 is election year in Germany, many politicians focus on anti-banking politics (what they say and what they will do in the end is a different story obviously).

Furthermore, no day goes by without any negative publicity on DB in one of the major newspapers at the moment. LIBOR scandal, Kirch lawsuit, investigation on Co-CEO Fitschen, you name it. I'm not sure how all this stuff that is going on right now will affect DB's business.

 

DB's trading historically has always been more focused on facilitating customers, versus Goldman was always more prop (pretty sure around the globe, but HK I can say with certainty)

I'm not sure if the statement is true, but it were to be true then my guess would be because of the changing regulation environment is giving DB a competitive edge (i.e. having already establish a better client base).

I don't accept sacrifices and I don't make them. ... If ever the pleasure of one has to be bought by the pain of the other, there better be no trade at all. A trade by which one gains and the other loses is a fraud.
 

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