Insight on Santander London IB - Culture, Best Groups, etc.

Hey everyone,

I have an interview coming up for Santander's Investment Banking division in London and was hoping to get some insight from those familiar with the firm.

  • How is the culture there compared to other banks?
  • What are the best groups to be in? Any particularly strong teams? (I heard LevFin is good)
  • How does deal flow compare to other firms in London?
  • How has the recent Credit Suisse hiring impacted the firm?

Would really appreciate any insights! Thanks in advance.

4 Comments
 

Based on the most helpful WSO content:

  1. Culture at Santander London IB: While there isn't a direct mention of Santander's culture in London, the general sentiment around European banks, including Santander, suggests that culture can be more traditional compared to American banks. However, this can vary significantly by group. The recent hiring of Credit Suisse bankers might bring some cultural shifts, especially if entire teams are integrated.

  2. Best Groups at Santander London: LevFin (Leveraged Finance) is often highlighted as a strong area for Santander. This aligns with their focus on credit and lending expertise. If you're interested in deal flow and exit opportunities, LevFin could be a solid choice.

  3. Deal Flow: Santander's deal flow in London is likely competitive, especially in credit-related areas like LevFin. However, it may not match the volume of bulge bracket banks. The integration of Credit Suisse teams could enhance their capabilities and deal flow in certain sectors.

  4. Impact of Credit Suisse Hiring: Santander's recent hiring of Credit Suisse bankers, as reported by Bloomberg, includes not just senior bankers but entire teams. This move could significantly bolster their capabilities and reputation in London, depending on how well the integration is managed. It might also create opportunities for collaboration and growth within the firm.

For further details, you can explore the Bloomberg article mentioned here: https://www.bloomberg.com/news/articles/2023-05-2</a>…">Santander hiring dozens more of Credit Suisse bankers.

Sources: Santander hiring dozens more of Credit Suisse bankers as per Bloomberg, Best groups in Credit Suisse London?, IB in Los Angeles - banks, groups, culture?, What are the best Investment Banks in Paris? I know London is the mecca of IB's, but I'm interested in living in Paris., 20 Most Frequently Asked Questions - London Edition

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

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