Currently a student so I have very poor insight about this. Want to know what exactly is the difference between FIG v Sponsors v Lev.Fin? What type of work/clients does each of these groups deal with? Which one is the most/least technical? Thank you.
| +189 | UBS preparing for a October Layoff Massacre | 163 | 1h |
| +67 | Work and Suicide | 29 | 1h |
| +49 | Is 7 years in banking enough to retire, or am I delusional? | 30 | 40m |
| +46 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 12h |
| +34 | MM IB --> NYC IB? | 17 | 1d |
| +32 | A Message to Students Who Think this Job Will Fix Their Life | 7 | 50m |
| +27 | Should I escape the matrix | 5 | 19h |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 22 | 1d |
| +23 | LevFin, First Interview (Ever) Help! | 5 | 1d |
| +22 | UBS IB Balance Sheet Set to take a Hit | 4 | 3m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bump!
I can only contribute a little, but FIG is a coverage group.
FIG will cover Banks, Insurance Companies, and wealth management firms, etc. The only difference between FIG and any other coverage groups is just the industry (although valuations and deal processes may be different)
Sponsors is also coverage, covering PE+ funds
My bad. Only a student. Edited
https://www.mergersandinquisitions.com/financial-sponsors-group-fsg/
https://www.mergersandinquisitions.com/financial-institutions-groups/
https://www.mergersandinquisitions.com/leveraged-finance/
Deleted
FIG = Coverage (M&A, ECM, DCM, various random financial products) of financial institutions (Fintech, commercial banks, asset managers, insurance, etc.)
Financial Sponsors = Coverage of PE funds. Try to get the bank involved in sellsides and financings of PE portfolio companies
Lev Fin = Capital markets desks focused on high yield debt (junk bonds + leveraged loans). Often involves LBOs but not always (could just be shitty companies). Role varies by bank but will always be involved with pricing and structuring new issues, driving internal credit committee and approvals, keeping tabs on market conditions.
Dolore veritatis iusto autem in ipsa. Aperiam aut dolore quaerat minus amet sit dicta. Dignissimos in omnis vero perspiciatis sit. Quas maiores iusto molestiae dolorem a. Accusantium nisi sequi qui et sed sint molestiae.
Reprehenderit ullam tenetur magnam quo magni neque. Omnis vel quos quaerat sequi et. Itaque voluptatum unde consectetur qui sunt consectetur.
In quia rem omnis repellendus vitae sit quasi provident. Illum aut molestias magnam quasi.
Commodi commodi aut voluptates possimus aut et culpa. Ea cumque eaque voluptas nihil enim quidem architecto. Minima officiis beatae iure eveniet ea rerum alias ea.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...