Please excuse my ignorance regarding this thread, but I'm a bit confused as to the difference between work done in TS versus work done at an i-bank. Could anyone speaking from experience expand on the difference?
The reason I ask is because, if currently working in a tax department at a Big 4, I am interested in knowing whether it would be wisest to jump into an i-bank or the TS department of a Big 4, given that my goal is to eventually wind up in PE.
Another possibility is M&A tax. I'm trying to think of all the possible routes I could take if I was unable to get into banking but had some choices at a Big 4. Would it be best to do M&A tax first before jumping into TSA/IB in order to have a basic understanding of the tax side of some M&A issues - or would it not be worth the time?
Thanks for the input in advance.