Most Desirable Product/Coverage groups of BBs and EBs in Singapore?

What are the most desirable product/coverage groups in IBD in Singapore?

I've researched r/financialcareers, YouTube, and this platform and learnt about the more renowned industry groups across various BBs and EBs, but this knowledge only applies to NYC/the USA. 

As an 18-year-old Singaporean who will be matriculating into a local target university, I'd love to learn more about the stronger deal teams in Singapore's IB scene in terms of exit opportunities (PE/HF/AM), total compensation, WLB, and culture. 

Anecdotally, the more desirable groups in the US would look a little like this : 

GS : TMT, FIG, Healthcare

JPM : M&A, Healthcare

MS : TMT

PJT : RX

BAML : LevFin 

CVP : Healthcare

Evercore : TMT

PWP : RX, Healthcare

Of course, these are just a couple of BBs and EBs off the top of my head. Please let me know a list of the top groups in Singapore and include more firms like Lazard, Moelis, Guggenheim, Rothschild etc. It would also be helpful to give anecdotes about your experience working in any of these firms!

Thank you :)

8 Comments
 
 

There isn’t.

Singapore IB is small enough, there isn’t a huge specific coverage group like in the States.

If you join a BB as a SA, you will all be in the generalist pool

 

I see… what a shame about the absence of some notable EBs here… it only means fewer chances of breaking into IB.

How have you survived in the industry for 5-6 years? How did your hours and TC improve over the years? Why didn’t you make the switch to the buyside?

 

It's hard for EBs to do well in Asia, since it's a more cap mkt driven region with only a handful of real M&A's. Given that, it's impressive to see how well Evercore is doing. Maybe its smaller competitors may follow in the future, but unlikely given lack of scale compared to larger independents like Evr.

Hours are similar until ED/MD. And did make a move to buyside. Pay is however better in banking until carry kicks in at the partner level.

 

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