ING Investment Banking M&A Amsterdam - insights?

Looking for some insight on ING's Benelux M&A efforts - it's been discussed a little in previous forums but not finding anything concrete. I know Rothschild, Jefferies, and Lazard have small but strong teams in Amsterdam. BB's either have tiny teams in the region (Deutsche, BofA, UBS) or a team operating out of London (JPM, GS, MS). Rabo is the top player in food & agri, while ABN and ING seem to go head to head.

How competitive is ING compared to the international players? Do they reap MM deals or is there a possibility to work on some of the largest Benelux deals? Comp? Culture? 

Thank you in advance!

3 Comments
 
Most Helpful

Not a particularly strong team (it is a corporate bank after all) but as an intern it's probably a great place to learn. Pay will be low (unless they've increased that now), hours could be long, and a lot of the work will be pitches. Ultimately though, especially in this environment, it's likely a solid opportunity.

I've seen a few good exits despite not having competitive IB capabilities (M&A / lev fin / DCM), or alternatively people choosing to withstand the slow title progression, below market comp etc but ultimately ending up with a stable, well paid role with decent WLB.  

 

Based on the most helpful WSO content, insights on ING's M&A efforts in the Benelux region, specifically Amsterdam, aren't directly provided. However, we can infer some information based on the general landscape of investment banking in the EMEA region, as discussed in the forums.

ING is a major Dutch financial services company and is likely to have a significant presence in its home market, the Netherlands. Given the competitive nature of the investment banking industry in Europe, ING would be expected to compete with both local players like Rabobank and ABN AMRO, as well as international firms that have a presence in Amsterdam.

Regarding competitiveness, ING would likely be involved in a mix of mid-market (MM) deals and potentially some larger transactions, especially those with a strong Benelux component. Local banks like ING often have strong corporate relationships and lending power, which can be leveraged in M&A transactions.

As for compensation (Comp) and culture, these aspects can vary widely and are often not publicly disclosed in detail. They can also be influenced by the specific team and the overall bank's performance. It's common for local banks to offer competitive packages, but they might differ from the compensation provided by the bulge bracket (BB) banks.

For the most accurate and up-to-date information on ING's M&A efforts, culture, and compensation, it would be beneficial to network with current or former ING employees, or to look for more recent discussions or reviews on the Wall Street Oasis forums. Networking can provide personal insights and experiences that are not always captured in public forums.

Sources: Investment Banking in London (EMEA) - Strongest Players, League Tables, Salaries, Differences..., Investment Banking in London (EMEA) - Strongest Players, League Tables, Salaries, Differences..., IBP Institute Announces Investment Banking Professional (IBP) Credential

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Modi eos sed illum sequi magnam corrupti. Ex occaecati voluptate dolores. Est aut tempora sunt vel commodi. Deserunt vero quaerat ullam explicabo enim recusandae reiciendis. Error laudantium quia aut deleniti. Provident velit facilis molestias iste qui et sunt eos.

Libero sequi quo facere tenetur est. Eum ratione et eligendi quod sed quod. Enim atque temporibus eius molestiae dolores eius.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”