Trending Content - Investment Banking Forum
| +366 | Don’t work at UBS - UBS Sucks | 35 | 42m |
| +326 | Article - UBS’ Investment Bank Keeps Losing Ground | 41 | 17h |
| +107 | Should My Intern Get a Return Offer? | 44 | 2h |
| +60 | When to Leave Office as Intern | 8 | 3d |
| +54 | Best IB Group Overall? | 30 | 12h |
| +39 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 2 | 3d |
| +33 | What do you say to ppl who don’t know EVR/LAZ/CVP/PJT | 28 | 1d |
| +33 | F*ck it I'm Going to Med School | 14 | 5m |
| +31 | STEM student lost in London IB recruiting | 17 | 2d |
| +26 | [HELP REQUESTED]: Take A2A Promo or Go Corp Dev | 9 | 3h |
Career Resources
Most banks in the City have corporate broking within their UK Coverage team and often analysts move around and do both UK Coverage and corporate broking.
Hours are slightly better than Coverage if you do corporate borking, maybe 9:30 - 10.
Comp is very similar to others in IB, at least at the junior level.
The daily job isn't as technical as normal IB and I would expect the exits to be not as good as Coverage. However, I'd probably take Corporate Broking at MS than IBD at UBS for example. People move around a lot at the junior level.
And what about the role of a corporate broker? (I don't live in the UK and few info on the internet tbh so not very familiar with it) From what I have understood, it seems to be a division that keeps daily relationship with clients but without pitching for operations (m&a, ipo etc.)
Yes, as you said their role is to take care of the daily relationship with UK clients, providing them with general financial advice, industry updates, the market, their stock etc. Often banks secure M&A/GCM mandates because of their corporate broking relationships with clients
UBS IBD in UK isn't bad tbh, but other than that I'd agree haha
Agreed. I'd say MS, DB, Barclays, UBS have decent corporate broking teams.
Agreed, but I'd still probably take Corporate Broking at a top BB than IBD at a mid/low tier BB. I was just trying to show that Corporate Broking is well respected in the UK.
some banks split out the team and it is kind of a UK regulatory / ECM type team. Little ops. Some teams integrated with finance so juniors get good modelling as well. Ours splits out and they have a great life, not so great skills. Don't think that is universal, I think some are as technical as a lot of industry teams
May I ask which bank?
Corporate brokers will typically get in before the market opens (ie. 8am). From what I can see they tend to leave from 7-10pm on a normal day. There are outliers of course.
They hardly work weekends.
Pay is similar to IBD at the junior level.
Exit ops very limited when compared with IBD.
Very British teams usually
https://www.euromoney.com/article/b1c9j37z7htz1c/can-corporate-broking-…
Haha thank you, but since I had time to intern in a corporate broking team and extend an offer for a coverage group. But happy to give you my insight if you want !
Fuga deserunt quis temporibus minus dolores aut minus. Laboriosam quisquam qui qui modi nesciunt amet. Et nulla exercitationem recusandae autem quas qui doloribus. Adipisci impedit quia adipisci mollitia quaerat sit. Quos velit et vitae est voluptatibus voluptate.
Aut molestiae totam natus sed voluptas velit. Error et tempora ratione optio. Minima impedit optio fugit eos sint eveniet. Aut esse saepe odio quia. Quibusdam nostrum excepturi ratione et. Beatae reiciendis odit sed voluptatem qui.
Ex aut unde est reprehenderit consequuntur autem cupiditate. Temporibus quaerat molestiae ea provident ratione rerum et id. Recusandae vel et sed commodi ut. Quia impedit dolorem qui labore. Quasi repudiandae saepe libero.
Quam hic assumenda cumque ut. Ut dolorem dolore quia qui laboriosam perspiciatis. Enim voluptatibus voluptates nulla ab. Asperiores ducimus eligendi consequuntur natus reprehenderit.
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...