BB Hq vs regional office
Is there a big difference in terms of the quality of exit opportunities, deal experience, and prestige between the HQ and regional offices of a BB?
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It depends a lot on the BB and the regional office. Some regional offices place better than NYC, the same, or worse.
Something to diligence further if you can be more specific about some banks you're considering.
Thanks for your reply. It's a relatively newer office (in a tier 3 or 4 city) with a substantially smaller headcount/team compared to the NYC office.Would the fact that it is a newer and less established office with a much smaller team negatively impact exits, quality of deal experience, and overall prestige?
Exits - probably if the headhunters that cover the PE firms you're targeting don't know of your office / don't have a track record / don't have a presence in your city
Quality of deal experience - hard to say and very group and MD-dependent
Prestige - sure but within the industry it's linked to the MD, if they are good then your reputation is improved
You can always aim to try and go A-A and transfer offices to NYC later if this is the offer you have. If you have NYC offer and comparing it to this, probably a different story. But it really depends.
I'm also struggling to figure out what a Tier 3/4 city is. I would consider NYC a tier by itself, then CHI/SF/LA/HOU probably Tier 2, then CHA/MIA/BOS??
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