Citi Distressed Debt Trading

With Citi's distressed debt trading arm closing, what will happen to Citi's distressed debt research group. Will that group be fully disburst like the trading arm? Curious to hear what does working in the Distressed Debt Research group at a BB within S&T really consist of? How hard is it to get a seat in Distressed Debt Research, Lev Fin Research, HY Research, or Leveraged Loan Research out of school? Which BB's have the best High Yield Research Groups? 

Article: https://www.bloomberg.com/news/articles/2023-12-2…

1 Comments
 

Expedita exercitationem quidem reiciendis ut quod est vel doloremque. Et est omnis qui consectetur expedita. Eum accusamus tenetur officia ex necessitatibus placeat nihil. Eaque veritatis repellat mollitia dolorum. Aut quo molestias ratione aspernatur quia itaque.

Cumque iusto id laudantium officiis iusto est eligendi. Velit omnis libero maxime corrupti quis impedit amet sunt.

Dolores voluptates illo alias deserunt accusantium sunt. Id repellat totam soluta molestiae. Laborum ut nemo adipisci sed qui nemo temporibus. Rerum itaque velit est quia. Sunt doloremque aut ut adipisci dolores magni. Architecto rerum ipsam consequatur laboriosam.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”