214 Comments
 

Just want to say if you're doing IB at Soc Gen, the only group with solid deal flow and exit opps is Lev Finance. They were doing really well in the MM space. For everything else, they're not doing that great.. However, you're still getting paid generously, working decent hours, and have 30 vacation days as an analyst.

 

Incoming cfa level 1 charterholder

Just want to say if you're doing IB at Soc Gen, the only group with solid deal flow and exit opps is Lev Finance. They were doing really well in the MM space. For everything else, they're not doing that great

By the way, this is objectively not true. Their top group is Natural Resources and are consistently at the top of the league tables for project finance.

 

Does anyone know if SocGen has West Coast presence? It seems like they have a pretty decent sized shop in New York.

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Anybody know any info about project finance teams? Are they across the pond?

Spotify provides a range of investment banking, investment management, and securities services for our clients. Dance like nobody's paying. Premium is free for the first 30 days.
 

Anybody know about the process for NY?

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Most Helpful

Was given this by the HR.

The Summer Analyst Program general timeline is as follows:

Ø  End of July: 2021 Summer Analyst Application opens.

Ø  Early October: 2021 Summer Analyst Application closes.

Ø  Early – Mid October: First round phone interviews begin.

Ø  Mid – Late October: Superday’s: in-person/virtual interviews in a speed networking format. Each candidate typically has 3 interviews.

Ø  Early June 2021: 2021 Summer Analyst Program begins.

 

Protect this man at all costs. This is so helpful thank you

Spotify provides a range of investment banking, investment management, and securities services for our clients. Dance like nobody's paying. Premium is free for the first 30 days.
 

Applied in summer but just got an email saying my application is under review.

 

i just got that email sent to my inbox today too...i guess it's a sign that interview invites may be extended soon 

Finance
 

from nyc- question i have is whats soc gen most known for and how is their structure in terms in industry groups

 

Just got a second email re emphasizing that my application is under review (received the first one October 9)

 

reached out to an analyst and seems like HR is just really really slow with the application reviews...hopefully, they reach out by the end of this month.

Finance
 

Did your app move from "under consideration" to "processing" or did you get a second email a couple of days ago about them reviewing your application?

 

they sent an email about them reviewing, and the app said "under consideration" and checked couple days after "processing" an week and two later got inv

 

Sophomore here, can confirm Prospect in IB-M&A up above. Was also notified of screening calls being next 2 weeks and final round being 11/4

 

I got an invite for a 1st round phone interview today. I go to a southern target (Duke/Vandy/UVA) and did not network that much with the firm. Had to decline the invite because I've already accepted another SA offer

 

no idea i  know its happening next Wednesday, haven't heard back either ( who was your interviewer)

 

I got an email saying the review of your application is ongoing and has caught our attention. No idea what that means

 

know Soc Gen well from lev fin / loan capital markets side, and the types of deals they left lead n right lead, etc.

Happy to provide more insight offline to ppl if things get serious.

quickly - here's a recent deal they're right lead on - 1-800 contacts LBO. article is from Oct 16 

1-800 Contacts revises tranching on LBO financing, slashes 2L margin to L+675; recommitments due at 2 p.m. ET

  • A Morgan Stanley- and KKR Capital Markets-led arranger group finalized terms of the first- and second-lien buyout financing for 1-800 Contacts, cutting pricing on the second-lien term loan, firming pricing on the first-lien tranche at the tight end of guidance and revising tranching to upsize the first-lien tranche by $50 million, sources said. The upsize to the first-lien reduces the second-lien tranche by $25 million, the equity check by $15 million, with the remaining $10 million to be placed as cash on the balance sheet, sources said.
  • Recommitments are due at 2 p.m. ET, with allocations expected thereafter.
  • The second-lien was flexed down to L+675, with a 0.75% floor and a 99.5 OID, versus original guidance of L+750-775, with a 0.75% floor and a 99 OID.
  • Pricing on the first-lien was finalized at L+375, with a 0.75% floor and a 99.5 OID, which represents the tight end with respect to both the margin and OID. The former launched at L+375-400 and the latter at 99–99.5. Also, the arrangers added a 25 bps step-down at 5x net first-lien leverage. 
  • Morgan Stanley is left lead on the first-lien and KKR is left lead on the second-lien tranche. They are joined by Jefferies, UBS, Barclays, Credit Suisse, Societe Generale, Mizuho, MUFG and Credit Agricole CIB as bookrunners. Morgan Stanley will be administrative agent on the first-lien loan and KKR will be administrative agent on the second-lien tranche, sources added.
 

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