Differences between corporate banking divisions?Subscribe
Hi everyone, I know there have been plenty of topics about what makes corporate banking different from IBD, and it seems like this is the career for me. I am going to be a junior at a semi-target (that mostly gets recruited for IBD) and just want to know what the differences are in hours and pay between the corporate banks.
I have a friend who is working this summer for WF CB doing 9-7 M-F with no weekends, and he says full time pay is comparable to WF IBD, with fewer bonuses. Is this similar for other places like Citi, BAML, TD, SunTrust, HSBC, and RBC? Are certain corporate banks like JPM better in terms of exit opps (credit, mezz funds) but worse with hours?
Thanks a lot!