Leveraged Finance vs. Sell Side Distressed Debt Trading Desk

Hi guys, does anyone know the difference, about day to day work, between the LevFin and a DD trading desk ? I am comfortable with what bankers in Levfin do, but I learnt that in BB there is also a DD trading desk usually. I have to met a guy working in a DD trading desk in a large bank for an informal interview in few weeks and I would like to know if there is a difference between the two, coz it seems to me that are both very similar!

ideas?

2 Comments
 

They are not very similar, at all.

"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
 

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