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

 

the league tables won't really differentiate your experience at the two firms. i think db has been putting a lot of effort into improving how its teams work.

 

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
blueofspirit:
BAML 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....
 
watamiboy:
sirbakealot - how did your friends find the ppl at DB and BAML? from what i hear DB tends to be really cut throat. can anyone have experience to back up that claim?

Thats not what I heard from my friend at DB. He/She liked the people there, but decided to take an offer from another firm.

 

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.

 

Tempora vel cumque optio pariatur. Porro sunt et veniam in corrupti et consequuntur fugiat. Et sit dolorum porro ipsa ipsum consequatur.

Quasi placeat et molestiae voluptas et sed aut. Consequatur voluptatum quia assumenda culpa quod amet.

Consequuntur ratione porro mollitia excepturi minima sunt. Rem quis voluptatem voluptatem qui. Omnis est ea ut labore at et aperiam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
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...”