Coverage group capital markets work = shit?
Through associate recruiting in Houston this year it seems like every boutique hammered on the fact that coverage team capital markets work sucks and it's a lot of boring process management/compliance work until the ECM/DCM team take over. And that it's all the same and once you do one ECM/DCM deal you don't learn anymore. Is there any merit to this or is this just something they say to scare people to the boutique side?
bump
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