From my understanding it's the least prestigious coverage group, earns the smallest fees, doesn't do much M&A and generally the easiest group to get an offer for because most people don't want to get pigeon-holed in RE. Have heard a lot of non-targets end up in REGAL. With all of this being said, is REGAL even considered front office these days?
| +435 | Is UBS really that bad? | 79 | 20m |
| +265 | Investment Banking is Divine | 40 | 2d |
| +225 | Another $115bn Mega deal for these banks. Congrats! | 46 | 22h |
| +216 | US 2027 SA IB worried about background check | 53 | 2d |
| +133 | Which Offer to Accept: UBS Analyst Role or Part Time Cashier at the Local Taco Bell | 31 | 44m |
| +85 | Useless associates | 16 | 10m |
| +64 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 17 | 2h |
| +52 | Differences in Restructuring Teams? | 24 | 19h |
| +51 | FIG Pigeonholes you - is it true? | 22 | 2m |
| +42 | GF is an IB Analyst at a top BB, hates it, what exit options does she have? | 20 | 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.
Still front office, it's just more niche. What this functionally means is RE groups get both those most interested in RE and those who didn't get any other coverage group. REPE is still a very lucrative career, but since not everyone wants to be in it post 2 years a lot of summer analysts don't go for the group and thus it's lack desirability usually. So, among the traditional coverage groups at BB's, a lot of the non-targets end up at RE during placement.
Nice one
Temporibus accusantium at et aperiam sapiente sint explicabo. Pariatur est dolorem non minima.
Quia autem animi dolor nemo velit tempora quod. Aut odit sequi inventore ducimus ut id nesciunt.
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...