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Not sure how the EB and MM Beijing offices are, but I rarely see them involved in our deals (Asian coverage for MF). The BBs are pretty strong for cross-border deal flow, but from what I've observed CITIC/CICC really dominate domestic deal flow.
Completely unrelated but how's PE comp in China?
I'm currently at a VP at one of the EBs in NY. Would love to learn more about MF in China. Can I PM you if you don't mind?
waddup
I heard people’s bank of China is more prestigious than Goldman
I mean yeah it technically is, considering it's the country's central bank and carries out monetary policy and the regulation of all financial institutions in the mainland.
yup. the PBoC rn also outpay any other bank for local or chinese speaking candidates. i heard it was like 300k or smth. insane
How come? If it is the central bank that means its highest authority is Xi. Now there is a dichotomy between extorting your private sector billionaires to choke up more money for “social causes” as well as reigning the tech sector in by their neck, and then going ahead and paying hundreds of thousands to public sector employees in their 20s? That makes no sense no?
PM me. Work at a big non C-C-C Chinese bank and have a couple friends in mainland EBs.
sup. james bond in hong kong vibe huh B)
Haha, a lowly analyst on the food chain who's trying to lateral.
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