Hey Guys!
Just want to gain some insights of SocGen HK IB division in HK. How is their deal flow/comps/exits? How is their graduate program in HK? My research tells me that SocGen is pretty strong in HK for S&T, but not for banking. Thanks a lot!
| +404 | Evercore Intern Seizure | 62 | 59m |
| +98 | UBS IB Americas has failed, now behind Santander and Stiffel | 27 | 1h |
| +79 | JPM M&A is Gone??? Purely Coverage Banking??? | 41 | 8m |
| +60 | How do I understand vs. just memorizing? | 11 | 4h |
| +48 | Losing my personality in Banking | 9 | 1d |
| +45 | The good and bad with Wells Fargo | 12 | 3h |
| +42 | Associate & Above IB exits | 18 | 6h |
| +35 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 18 | 8h |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 13 | 3h |
| +31 | Tech to IB Pivot | 20 | 17h |
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.
TRUMPYBEAR123, bummer your thread hasn't had a response yet. Sometimes bots are smarter than humans anyways:
Hope that helps.
bump
Just as you said, Markets is good and IB isn't. Graduate program is trainee pay: ~ 22-25k hkd per month.
wow. Didnt expect the "analyst" pay to be the same as trainee. 25k for FO is too low...
They're able to get away with low pay because of:
In the French school system, it is encouraged or required for masters students to do a 6-12 month internship before or during their masters. This means banks like Soc Gen can hire these individuals for very cheap, and work them to death.
VIE programs are international internship programs where a firm can keep you as an intern forever (i've known people who were interns under this program for 3-4 years), and they also pay you garbage.
In regards to Soc Gen, the only division in IB that's doing well is MM Leveraged Finance in NYC. All other groups are just chilling, and making a decent living while working cushy hours in IB. At least that was the case a few years ago, not sure if things have changed since.
Sint voluptas esse velit sint ut rerum. Consequatur et voluptate ut quisquam quia et. Non aut optio animi sunt quia. Officiis dolorem et incidunt nihil repudiandae saepe quia.
Perspiciatis reprehenderit vitae tempore. Molestiae voluptatem et iste id sunt non. Porro earum sequi temporibus enim.
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...