What is Deutsche Bank doing in the Americas?
DB currently ranks #35 in NA, with only 4.7 billions of M&A completed in 2026 while other BBs like Citi & Barclays completed 182 billions and 48 billions of M&A. DB's IBD first-year analyst class is similar to Citi's, which is around 70-80. What are people at DB working on everyday?
bump
Capital Raises
Selling subprime MBS and shorting SaaS debt
It’s a debt shop. Capital raises/refinancing are the main revenue driver at the Americas office. Same as BNP, RBC, and MUFG.
Have they really done almost nothing in M&A? I feel like previous years even if they haven’t been the best they’ve at least been higher than 35th
probably this...
Apparently the NY office re-opened their MBA summer associate program. Sad!
Congrats on BNP!
BNP > DB in the Americas
Lol best joke so far this year. No one cares about BNP in the US. Good luck getting 30% bonus.
Tell me one thing DB does better than BNP, specifically in IB in NY.
Globally, I'll agree DB is stronger. But in the US I think BNP is a stronger Euro based Investment Bank.
Bro BNP NY is just a satellite office supporting Euro offices and leads almost nothing. It's a debt shop like DB but check how many lev loans or HY bonds deals they led in the last 3 years. Also check how many M&A deals they were involved in. Heck they are not even in SpaceX IPO lol. DB at least does okay in Regal/Levfin/Sponsors/Industrials spaces and significantly better than BNP's.
Huge congrats on BNP!
Judging by your comment history, you're probably a summer associate trying to feel better about landing BNP. Sure, BNP might have an edge in project finance-related work, but for pretty much everything else, including LevFin, Industrials, and Financial Sponsors, DB is significantly stronger. BNP has little to no meaningful exit opportunities unless you're specifically targeting project finance or infrastructure. Their LevFin platform is also relatively weak.
You think this is a positive or a negative?
Saving all the idiot dregs and retard ABGs from my non-target Alma mater— who would fuck up a McDonalds super-day if not for softball behavioral questions and zero expectations.
I work in TMT with a crazy former UBS MD that loves to waste our time on overdone decks, the worst
RS
I avoid those staffings at all costs
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