Comments (33)

Apr 9, 2019

any thoughts on tech?

Apr 9, 2019

Would also like to ask about the group in Houston. I've read in a few places that it's one of the best, is that still the case?

Most Helpful
Apr 9, 2019

I believe Power in New York City is well regarded.

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Apr 10, 2019

I've heard that being in Power is similar to being in RE as it is more niche and offers different exit opps, any truth to this?

Apr 12, 2019

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Apr 12, 2019

Industrials is well regarded for NYC... think C&R is weaker but not a 100% on that

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Apr 13, 2019

I think it's spelled Citigroup, not Citi Group. Should be all 1 word.

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Apr 13, 2019

I meant Citigroup's group rankings (ie tech, industrials etc )

Controversial
Apr 13, 2019
Woodw1865:

I meant Citigroup's group rankings (ie tech, industrials etc )

I don't think you understand. The company's name is Citigroup or Citi for short. You only need to list Group once.
Not Citi Group or Citigroup Group.

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Apr 13, 2019

Citigroups IB group rankings...
Citigroup group rankings

I dont think you understand. He means IB groups of citigroup

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Funniest
Apr 13, 2019
teaktable:

Citigroups IB group rankings...
Citigroup group rankings

I dont think you understand. He means IB groups of citigroup

Again: Citigroup, not Citigroup Group or Groups of Citigroup
It's just one word. I'm not sure why this is so confusing for you.

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Apr 13, 2019

Industrials and Healthcare are probably the best industry coverage groups.

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Apr 13, 2019

Thoughts on Citigroup IB in general? I have an offer from Citi London and not sure if I should do it. Though, I really enjoyed the interview process and liked the people.

In my opinion they constantly rank 4th behind MS, GS, JP in Europe and globally but somewhat have the feeling that in this forum citi isn't regarded that well.

How are the exits? MF exits possible?

Apr 14, 2019

HC is quite good AFAIK. LevFin too if you're into that. TMT is a sweatshop that lacks dealflow and mostly does pitching. Energy is strong too if you're into that - but it can get quite specific. Industrials is quite strong too especially if you speak other languages think Nordics/German

Apr 14, 2019

....

Apr 14, 2019

bump

Apr 16, 2019

Any thoughts on FSG?

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Apr 16, 2019
FiNaNcIaL_aNaLySt:

Any thoughts on FSG?

They're more of a support group. Work could potentially be interesting if you're more interested in Macro Economic forecasting than IBD, instead of M&A.
Generally, they're the group bankers call for help with assumptions for their models.

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  • Intern in IB-M&A
May 29, 2020

Best groups in terms of reputation and placement are Industrials, M&A and FSG / GAM.

Couldn't disagree more about FSG being a support group. They run point on all the LBO models as well as hold the pen on the internal credit memos. LF provides pricing on the debt and structure and the industry group provides the overview pages and company background. You can argue who speaks more in credit committee meetings but in terms of an analysts experience it involves a lot more than "macroeconomics" and more of thinking like a sponsor when it comes to diligence and evaluating an investment thesis.

The experience you get also helps analysts place strongly and it definitely doesn't hurt that seniors can pick up the phone and call MDs / Partners at the shops you may want to go to. Lifestyle in terms of hours ain't have bad too.

May 29, 2020

Healthcare is good.

  • Intern in IB - Gen
May 29, 2020

Healthcare is historically an average group but they have been involved in some recent mega deals (ie Celgene) which has boosted their rep.

P&U is solid but niche.

Comms is good but a ton of hours. Also been involved in some mega deals but frequently just does pitching.

C&R is weak.

  • Intern in IB - Gen
May 29, 2020

Good friend is in LF, and he told me exits historically have been mediocre

May 31, 2020

do you get to work on M&A in coverage groups or is it all done out of the M&A group?

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  • Intern in IB - Gen
May 31, 2020

they have an m&a group who does the modeling for most deals regardless of industry. however some groups, including P&U and M&T, do a ton of the technical side of things on m&a deals.

  • Intern in IB - Gen
May 31, 2020

A few of the groups, especially those with strong deal flow and niche industries, do a lot of their own M&A work. This includes RE, Energy, and FIG which do all of their own M&A. Industrials, M&T, and HC also do a solid portion of their own M&A (50/50).

  • Intern in IB - Ind
May 31, 2020
Comment
  • Analyst 1 in IB - Ind
Jun 3, 2020