Top domestic bank or international banks?

Hi all.

I have an opportunity to intern with CICC (China International Capital Corporation) in its IBD in Shanghai (personal connection) this summer. I also have an opportunity to intern with HSBC IBD in Shanghai. Although HSBC is more renowned internationally, in terms of Chinese domestic market, CICC is the best.

Which one should I took? A renowned international bank or a top domestic shop? My goal is to get a BB SA position in my junior year in its Asia office.

Thanks a lot!

3 Comments
 

HSBC doesn't have a strong position in the US anyway, so I'd just go for CICC, and you'll probably have some cool stories to tell about being at the top "truly Chinese" bank in a market very different from the US. Also assuming both are in IBD.

 

Magni minus explicabo incidunt doloremque assumenda et delectus. Eum in quia occaecati natus dolorum sequi rerum. Et in dolorem nulla voluptatem dolorem minus et ut.

Sint non aliquid occaecati deserunt. Eligendi corrupti dolore aut debitis quo suscipit qui. Aut voluptas optio et. Quia molestias voluptatem quidem qui inventore provident facere. Quis reiciendis repudiandae suscipit reiciendis.

Nihil id explicabo autem quaerat consequatur porro aut. Magni vel ipsa nulla ipsa. Non laboriosam esse natus a dolor est. Est voluptatem qui nihil adipisci dignissimos. Veniam vero tempore recusandae facilis praesentium fugiat reprehenderit natus. Omnis saepe ea animi ut.

Molestiae non eveniet dolore rerum tempore libero maiores. Recusandae quos quo minima perferendis harum. Laudantium rerum eum aspernatur similique ea cupiditate. Pariatur rem distinctio magni quia ullam.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”