BAML vs DB HK IBD

So I'm currently considering SA IBD offers from the HK offices of DB and BAML. Was wondering what the general consensus is about these two firms? Any opinions on which will provide the better work experience? I know DB is a generalist pool, so I'll get good exposure to different industries, products, and regions. But from what I've heard ML is the stronger firm in Asia? I know ML's real estate, oil & gas, and M&A are the better groups in the firm. Anybody know anything else?

Thanks guys

25 Comments
 

really? i just took a look at the league tables for M&A AEJ and BAML is consistently higher than DB, same for equity linked offers both for 2009 and 2008 (ML was far and away #1 in terms of M&A value in '08 too)

 

big unit - could you elaborate a little more on why DB over ML in asia? seems that ML consistently does better in terms of deal flow/value in asia.

also, any one know which specific groups in db are particularly strong?

 
Best Response
blueofspiritBAML over DB in Asia. BAML's hiring like mad (laterals) these days trying to build up a team. There is widespread skepticism about their brand though and they're only getting people from HSBC, RBS, etc.

DB is just not in the picture...deal flow is terrible.

Hey blueofspirit, just curious - u know what skepticism people have abt their brand? but i heard its all ML people anyway....
 

i forgot to mention that my offers are from the HK offices of DB and ML. anyone have any direct or indirect experience/knowledge of these two firms in HK?

 

I know people who interned at both this summer and interviewed with BAML in HK over the summer.

One of my friends actually reneged on DB for BAML because apparently DB is/was only paying 65k/yr versus street which is 70k/yr.

 

DB HK didn't give out many FTs last summer. I'd say their criteria in picking the right people can be very weird sometimes. I have 2 friends interned there, and they didn't enjoy the experience much.

 

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