Deciding between summer offers

Been a long time reader here but recently made an account.
I am a junior at a semi-target/target school and after a few rounds of interview, I was lucky enough to land a couple of offers.

I am deciding between Deutsche Bank and Barclays. Would appreciate any insight from all of you.

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Comments (16)

Apr 22, 2012

Surprised that you have this late to decide...

Depends entirely on what the offer is for (I guess IBD?). If so just pick wherever you like the people best or whichever bank is better in your preferred group.

Apr 22, 2012

Considering what JWR34 said (about the nature of the offers), I would say DB, but that is me. It depends on what impression you have about each of the two banks.

Apr 22, 2012

I've always been fond of BarCap, but they're clamping down on executive bonuses, which isn't a good sign, the whole rebrand from BarCap to Barclays and http://dealbreaker.com/2012/04/layoffs-watch-12-ba... I've heard from an analyst that this may be happening in NYC too

Apr 22, 2012

Banking or S&T?
What office is this for? This is too late for NYC - both firms have already had placement interviews for S&T, and personal info deadlines (for ids, etc) have passed for banking.

Apr 22, 2012

This is for investment banking, not sales & trading.

There are no placement interviews for banking at either bank. I definitely don't like the direction Barclays is going right now. They seem to have more rounds of layoffs than any other bank right now.

Any more comments/opinions?

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Apr 22, 2012

need more details for location and groups.

Apr 22, 2012

It is a generalist offer and both are in New York.

Apr 22, 2012

how come your offers are so late?

Apr 22, 2012

OP, it sounds like you already have your mind made up and you're just looking for reinforcement here or for someone to give you advice that you may not have known about. You said it yourself that you don't like the direction Barclays is going in right now, so just pick DB if you'd be more comfortable there. Just go wherever you like the culture and people better.

Apr 22, 2012

I was actually leaning towards Barclays.
Is anyone familiar with Barclays to know whether I should be worried signing with them?

Apr 22, 2012
wellfarebanker:

I was actually leaning towards Barclays.
Is anyone familiar with Barclays to know whether I should be worried signing with them?

Just talked with a few guys on the S&T floor during my info. interview. They said they could set me up with some other firms around the city, and actually mentioned that they know someone at Barclays, but won't set me up with him because that place is on fire.

So I suggest DB, play it safe.

Apr 26, 2012

HOW THE FUCK IS A BB IN NY, IBD, STILL RECRUITING?

do you have a relational connection or wtf...applied online (if you say yes, i will shoot myself)? "friends" with an MD? fucking a recruiter?

pls share your methods :)

and kudos on the offers. flip a coin.

    • 1
Apr 26, 2012
USCstudent26:

HOW THE FUCK IS A BB IN NY, IBD, STILL RECRUITING?

do you have a relational connection or wtf...applied online (if you say yes, i will shoot myself)? "friends" with an MD? fucking a recruiter?

pls share your methods :)

and kudos on the offers. flip a coin.

He never said NY you dum dum!

Apr 26, 2012
jgx101:

He never said NY you dum dum!

He actually did.

OP, go with DB.

Apr 22, 2012

Doytscha Bank