Is it crazy to accept a full time offer from Deutsche Bank in a remote office
I got a full time offer from DB's non-new york office. Is it rational to accept the offer given DB's current situation? Still recruiting for other banks but the chance is getting an offer at this point is kind of small given the timeline.
Crazy? Maybe.
This guy seemed to do well for himself in a Miami office. http://www.wsj.com/articles/trader-wrestles-with-lehman-estate-over-big…
In all seriousness - what's the job?
not compliance
That is bold. Which desk are you gong to?
I would use it as a strong fallback option.
Ultimately depends on the role, as DB are going to continue cutting non core business units. However, they could well start closing US offices to try and protect/ capitalise their European operations if their equity comes under further pressure.
I feel that DB will be propped up by the Qatari Royal Family until the German elections are done, as they already own a significant stake. I can't see it collapsing within the next 6 months, but the fundamentals aren't great for the longer term.
If you are going into Compliance, it's probably the best place to start your career. Plenty of practice due to their failure at a 4-eyes policy.
Just my $0.02
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