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

Comments (23)

  • Analyst 1 in IB - Cov
May 22, 2022 - 7:32pm

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.

Jun 24, 2022 - 10:30am
fastanddangerous, what's your opinion? Comment below:

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. 

  • Analyst 1 in IB-M&A
May 21, 2022 - 9:57pm

Eve for sure nobrainer

Most Helpful
  • Analyst 1 in IB-M&A
May 21, 2022 - 10:11pm

Dumb americans don't know what they're talking about as always. This is London, go for Citi. EBs have shit exit opps.

May 22, 2022 - 6:40am
Kirosene, what's your opinion? Comment below:

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.

  • Intern in IB - Gen
May 22, 2022 - 10:41am

Would you say it's harder to get into MFPE from Evercore?

  • Analyst 1 in IB-M&A
May 22, 2022 - 12:10pm

Extremely hard if not impossible unless you have personal connections indeed.

  • Analyst 1 in RE - Comm
May 22, 2022 - 6:38am

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.

  • Analyst 3+ in IB - Cov
May 22, 2022 - 10:50am

Go to Citi. I can tell you from personal experience

  • Analyst 2 in IB - Cov
May 22, 2022 - 11:50am

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).

  • Analyst 2 in IB - Cov
May 23, 2022 - 4:25am

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).

  • Analyst 2 in IB-M&A
May 22, 2022 - 12:14pm

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.

  • Consultant in Consulting
May 23, 2022 - 4:39am

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