GS FIG BSF (Banks & Specialty Finance)

Curious on Goldman FIG’s BSF vertical. Has anybody heard anything about their work, culture, and overall environment? Also, how do their exits compare to those at FTAM and Insurance? Would appreciate any insight!

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Based on the most helpful WSO content, here's what you need to know:

Goldman Sachs FIG (Financial Institutions Group) is highly regarded, with strong exits and a solid reputation. Within FIG, the BSF (Banks & Specialty Finance) vertical is known for its focus on banking and specialty finance clients. While specific details about BSF's culture and environment aren't explicitly outlined, GS FIG overall has been noted for its strong deal flow and exit opportunities.

When comparing exits: - FTAM (FinTech & Asset Management): This vertical is often associated with strong exits into hedge funds (HFs) and private equity (PE), particularly in FinTech-focused roles. - Insurance: GS FIG's Insurance vertical has historically been a top performer, with strong exits into both buy-side roles and specialized insurance-focused funds.

In general, GS FIG analysts, including those in BSF, tend to have excellent exit opportunities, often placing into hedge funds, private equity, and other high-profile roles. However, the specific exit paths may vary depending on the vertical and individual performance.

Sources: https://www.wallstreetoasis.com/forum/private-equity/thoughts-on-stone-point-capital?customgpt=1, JPM FIG vs Mid Tier BB FIG, Top groups at BOFA London, David and Goliath: The Boutique and The Bulge Bracket, Information on BofA FIG

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