17 Comments
 
Best Response

1) DCM 2) LAF / FSG 3) Chemicals

I'm familiar with Global Banking at HSBC to some extent. HSBC is ultimately a lending bank, with an IB arm. It's mandates often come from its lending relationships and as such it is balance sheet driven. As a result, in terms of capital markets, DCM is the way to go. It's DCM group is quite strong. From an M&A perspective, you want to go for the LAF / FSG group (but it is grouped with ECM in a pool, so there's a chance you'll be in ECM if you go for this pool) as that's decent.

Out of the sector teams, only decent team I'd say is the Chemicals, as exemplified by the ChemChina deal.

No knowledge on the infrastructure / real estate team or the FIG team so can't comment on them.

 

Arctic, would you know which team (between LAF and FSG) is viewed as the stronger group within HSBC London - especially in terms of deal flow and exit opps.

Also does the FSG team do most of its own modelling, or is that left to LAF, with FSG being more of just a coverage group?

 

pm'd

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Veniam aliquam harum sapiente. Totam voluptates assumenda atque molestiae eligendi nulla. Natus ut est harum sit.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”