EVR vs Citi (London IBD)
Have FT offers from both, wondering what is best for exits in London/career progression and what an1/2 comp looks like. Cheers
Trending Content - Investment Banking Forum
| +314 | Return Rates For Interns Are Falling? | 131 | 39m |
| +141 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 15 | 40m |
| +119 | I am a drunk MD AMA | 40 | 7h |
| +95 | Evercore > Goldman and I don’t think it’s particularly close anymore | 44 | 8m |
| +85 | UBS Offer Day | 29 | 1h |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 6d |
| +53 | I hate Wells Fargo | 14 | 1h |
| +46 | No return offer - feeling like a failure is an understatement | 16 | 6h |
| +43 | WF Return offers | 28 | 1d |
| +39 | Should I go back into a junior IBD role for comp? | 16 | 22h |
Career Resources
What? Evercore by a landslide.
why are you retarded?
This dudes entire post history is hilarious. Began with EB or BB posts that he made before recruitment began. Now instead of making EB > BB threads all he does is post about how EB > BB no matter the situation on every forum where someone is asking what offer they should take. Half of his posts are about how Lazard is the best EB. The sad part is that there are like 5 other incoming interns on this forum that do this exact thing. Before recruitment all his posts were about PWP > all.
This guy has fully lived a complete life-cycle of a WSO incoming SA.
This guy Accretionszn's entire post history is him sucking off PWP/Lazard (hes clearly an incoming analyst.SA at PWP) while for some reason shitting on Citi in every single post/comment. Half of this guy's posts are about EB>BB no matter the situation. Before recruitment all his posts were about PWP > all. This dude has no life lmao.
Eve for sure nobrainer
Dumb americans don't know what they're talking about as always. This is London, go for Citi. EBs have shit exit opps.
Second this; have loads of friends in LDN banking boutiques there really don’t carry equivalent rep & pathway to PE as in the States. EVR LDN primarily does MM deals
WSO americans would recommend you the nepalese communist bank rather than citi. I really don't know what citi did across the atlantic but in London its definetly a top 3-4 place to be.
Would you say it’s harder to get into MFPE from Evercore?
Extremely hard if not impossible unless you have personal connections indeed.
you're asking about Citi in WSO and expecting an objective answer?
It's London, Citi is hands down the better option in terms of exit ops.
I've heard good things about EVR culture and comp might be a bit better vs. Citi (albeit EVR's office is in Mayfair, so you might end up paying a bit more for rent if you want to live relatively close to the office). That being said, I'd still pick Citi, it's just a safer option in terms of exit ops.
what sort of exit ops would you expect from both ?
Go to Citi. I can tell you from personal experience
Citi, I know headhunters personally and boutique guys will barely even get put forward for LMM. To get a MF job you either have to have a personal connection or happen to have worked with and impressed them on a deal (which can be unlikely depending on team placement).
Sorry but please define “boutique”, the idea that people at Laz, Roths, PWP and PJT “barely” get put forward for LMM and no chance for UMM etc. is laughable
Correct, 9/10 for anything UMM or above the list headhunters will get is JP/MS/GS/Citi/BAML/CS. Not saying I agree with it but it is the way it is. Also they want you to be in M&A or coverage teams but apart from that don’t care which. Need to have a European language. Remember this process is run entirely by HR teams which is why it is not well structured or particularly logical (guy at Bain Cap I spoke to didn’t even know which banks his HR had requested).
US =/= Europe for those commenting EVR.
Gaining dealflow in Europe is extremely hard, as there isn't as much $$$ going around as in the US. That's why you'll see many EB doing MM work in Europe.
To add to this, compensation is miles apart from any other grad job, so even getting top talent is a challenge. When you are already making quite a lot more than your peers from college (think 25k vs 90k) and life isn't as expensive as in NY you have less incentive to move to a bank with a smaller track record.
How is EVR restructuring in London? Any insights and how it compares to LAZ/PJT/MOE/HL RX practices?
Id odio aliquam sed natus. Occaecati et dolorem qui dolorum quis et. Ut et omnis facilis cumque a. Fuga qui dolorum facere incidunt.
Sunt voluptatibus suscipit ad ipsa consequuntur ipsam impedit. Placeat nostrum quos minima beatae. Et et at saepe id deleniti ut. Recusandae earum repellendus nisi et. Maiores ipsam dolore ut vitae. Fuga sed consequatur sunt quo sunt rem reiciendis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...