Anyone know anything about HSBC's NYC office? Any information would be much appreciated. Specifically, what's the difference between the coverage and capital financing groups; are coverage groups more like corporate banking? What's the general environment like, career path, etc... Thank you for your time.
| +189 | UBS preparing for a October Layoff Massacre | 165 | 59m |
| +68 | Work and Suicide | 31 | 40m |
| +52 | Is 7 years in banking enough to retire, or am I delusional? | 30 | 2h |
| +46 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 14h |
| +39 | A Message to Students Who Think this Job Will Fix Their Life | 11 | 28m |
| +34 | MM IB --> NYC IB? | 17 | 1d |
| +27 | Should I escape the matrix | 5 | 21h |
| +26 | UBS IB Balance Sheet Set to take a Hit | 7 | 51m |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 22 | 1d |
| +23 | LevFin, First Interview (Ever) Help! | 5 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bump
Prestige of HSBC Global Banking and Markets? (Originally Posted: 04/06/2013)
I just got into the Analyst programming in London and I was wondering what the prestige of the firm's investment banking operations are like? I'll still take the job regardless, I was just curious where I sit on the 'league table' so to speak
Thanks :)
http://www.bloomberg.com/professional/files/2013/01/MA-Financial-Rankin…
League tables from last year:
Overall global they are 17th with 3.2% market share.
In Europe they are 16th with 5% market share.
Is HSBC global banking and markets internship an Ib internship? (Originally Posted: 06/22/2015)
??
Yes
This. Though in Europe, I think HSBC is on an up-trend while places like UBS, Nomura etc. are going the other way.
Would you mind me asking if you got an offer, or just going to interview?
How big is HSBC's upwards trend though? After all they've been fined about 3 times in 2012 and still turned a hefty profit...
Interested as well.
Everyone's getting fined. I don't think that has much to do with whether or not they are on an uptrend.
Bump
Coverage focuses on the relationships, capital financing focuses on the transactional work. RMs work in coverage and specialists work in capital financing. Coverage is denominated by industry/group (energy/mining/retail/etc.), capital finance is denominated by product areas (DCM/ECM/ABS/etc.)
Minima et culpa qui. Maiores accusantium quia perspiciatis tempora accusantium autem. Nisi voluptatem quasi eius. Quaerat porro ex asperiores magnam. Incidunt ipsum non mollitia quaerat quasi omnis nisi.
Error sunt soluta commodi cum. Ex placeat sint similique tenetur nemo eos provident alias. Et dignissimos eaque ab consectetur et enim similique.
Adipisci rerum molestias occaecati at tempore totam voluptas. Tenetur numquam aut sit vitae nihil. Et in nobis nulla voluptas esse pariatur quisquam. Dolores tempore et aut sed. Dolorum veniam magni corporis.
Asperiores nulla excepturi blanditiis eum ad. Possimus repellendus cum facere sint eos quae. Non ad et delectus sunt.
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...