Dear all,
I understand DB doesn't have a 'top' bulge bracket reputation in the US but I was wondering how everyone viewed the London office? Does anyone know what the culture is like?
What are the best desks in M&A? Relatively good dealflow?
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they are doing fine deal wise. though in my opinion they are a notch below other BBs in europe (not below all of them but below the usual suspects).
friends from there had an extremely hard time switching to other banks after their SA stint.
I would have said that DB came after GS/MS/JPM/CS in europe. Am I being too generous?
most definitely. for IBD at least it's at the bottom amongst all BBs-as in the last one. they do get deals once in a while but nothing spectacular. on the markets side though, they're doing pretty well, but depends on the desk.
?
Have you even seen the latest league tables dude?
How is #5 in Europe and #6 the last one? BarCap, Citi and UBS seem to trail DB in most tables.
Apparantly there will be a protest soon which DB aren't too happy about with relation to;
http://www.bloomberg.com/news/2011-03-13/deutsche-bank-suspends-employe…
Nothing to do with the quality and quantity of their in-office operations though! Just thought I'd add xD
Protest soon? Uhh, the guy was flashing money and got suspended, don't think that his DB counterparts will stand up and walk out b/c he got suspended. I inquired about this with a friend on that desk. he said the people were yelling "down with Deutsche".
DB is the best in Europe on the IB side, without question. They are also considered a great shop in the US.
A few left wing universities and some NHS workers are apparantly planning a protest of rage against DB. No real significance/objective considering the guy has already got suspended. He thought it was a protest for the unemployed when he flashed his 10er. He's French, trades FX and has a £650,000 crib in Kensington; he'll be fine.
"DB is the best in Europe on the IB side"...................I see
only thing they are really among the best is FX trading.
haha dude i never said it was bad, just not the best.
and most of the guys at DB i know are a bit unsattisfied with the overall situation (mobility, promotion etc.)
still a great place to work
kudos for the NHS comment
I know this doesn't align with the previous posts, but I get the weekly Financial News in London, and they have a pretty cool IB revenue ranking on the second or third to last page, and every other week it does the revenue rankings in Europe for the last 12 months to date, and DB is KILLING it.
From what I remember, tops in Total Euro Revenue, tops in DCM, ECM, and 1 or 2 in M&A. I'm not sure if the momentum will continue, but for the moment they're top shelf.
Hahaha dream on... in Europe GS, JPM, MS, then UBS, Citi = BAML, CS, DB, Barcap, Nomura
your ranking is so completely off. DB is one of the best places in London... dont get all carried away by your US made-up BB rankings which, tbh, dont really mean shit.
As a matter of fact, have you guys even looked at M&A rankings for Europe??? ok, go look now...
Have views changed? DB still no place to be?
DB London? (Originally Posted: 02/07/2008)
Hi,
I am on the final stage of DB's 08 analyst recruting of global banking, and they provide a rotation program in either NY or London for 1 year. Can anyone gives some ideas about which place is better? I thought London is good cause DB is strong there, but which group/team of DB in london is the strongest? The interviewer asked me about it, and i said i am quite flexible...
Any comments welcomed. I am from aisa.
Thanks, Darren
If you're completely indifferent about location, I would take London because DB's investment bank is based there. While the NYC office has made a lot of strides during the past five years, London is still top dog.
Living in London or living in NY... I'd take London anytime. Thats just for the quality of life. Overwise my buddy worked at DB in London and loved it. He worked in trading, I just forgot what he traded, chorry.
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