I was really fortunate to have gotten multiple offers for this summer, but am having a hard time deciding on which one to choose. All 3 are in different divisions. Salaries are all pretty much the same. I also really liked the people that I met at all 3 banks. Ultimately, I'm hoping that I will be able to sign on full-time after the summer with whichever bank I choose. AWM was my top choice division, but I really liked JPM a lot and they allow for a lot of mobility and growth long-term. Can anyone provide insight?
1. JP Morgan Investor Services (NYC)
2. Deutsche Asset and Wealth Management (NYC)
3. RBS Capital Markets (Stamford, CT)
Go with wealth management at DB
If you really want to be in IBD go with the RBS offer. It'll probably be better for your career long term.
Also remember when bonus time comes around I doubt you will be looking at anything at JPM for BO work small bonus for AM and RBS should be typical FO bonus (around 50%)
Isn't RBS kinda shitting the bed at the moment?
Stamford Office is very profitable RBS as a company especially in Europe is in deed not doing well. Still regardless Stamford Analysts are still getting the typical bonus just a bit less than the street
Out of curiosity, do you have first hand knowledge that RBS is paying bonuses to 1st/2nd year analysts in stamford? And that it is in the area of 50% of comp. I've heard otherwise so it'd be great to put the debate to rest.
I know people working there and who summered there, expectations are 50% give or take depending on rankings. Now I cannot speak to the UK office. What have you heard
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