Ah, the classic debate between Truist and Citi for Equity Research (ER)! While the WSO threads don't spill a whole lot of beans on this topic, let's swing through what we do know:

  • Citi: Known for its global presence and strong research capabilities, Citi has a robust Securities Service that includes prime finance, futures clearing & collateral, custody & fund services, and direct custody & clearing. Some groups within this service include Delta one, securities lending, investor services. It's mentioned that Citi has a high return rate for summer interns, which could imply a strong and structured ER program.

  • Truist: Post-merger, Truist has been on a growth trajectory, especially within its Securities business. They've been hiring senior bankers to build out groups like TMT and Sponsors. This indicates a commitment to strengthening their ER and other investment banking services. However, specific details on their ER performance or reputation aren't explicitly detailed in the threads.

For more granular insights, you might want to check out the latest IB reports on WSO or reach out to current or former employees on the forum for their firsthand experiences. Remember, the best intel often comes from the primates who've swung through those vines themselves!

Sources: Truist’s Strengths in IB?, Citi Securities Service VS Barclays Equity Research. which one??, Evaluating Commercial Banks - Earnings (part 2), Truist Pay Raise?, Let the Games Begin | The Daily Peel | 4/17/2023

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Truist ER has a good rep but it will mostly depend on your sr. analyst and their personal management style.

 

Assumenda incidunt dolor rem et voluptatum mollitia. Vel libero et numquam dolor. Labore sequi est quibusdam sint minima in et dolor. Dicta sed qui veniam maxime et. Accusantium ut alias alias id eaque optio.

At iure saepe magnam cumque nobis sed. Eos possimus magnam tempora quisquam quas sunt. Quisquam aut hic ullam pariatur quia iste blanditiis. Velit est qui adipisci ut. Iusto quidem et reiciendis aspernatur molestias. Impedit ea aperiam veritatis non. Aut similique aut earum minus voluptas vitae facilis.

Consequatur ut incidunt quia sed. Inventore delectus quia veniam voluptas. Architecto sed saepe reiciendis dicta voluptatum.

Aut totam exercitationem cumque recusandae qui eos et. Aut non eveniet eligendi adipisci natus doloribus officiis. Impedit ex est nobis corporis eos qui. Qui qui a ut possimus. Nihil ut rerum beatae sit esse.

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
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...”