I got two offers for an internship in Frankfurt this week and I don't know which one to choose. So I'm asking you for advice.
The first offer is at IKB Deutsche Industriebank ( a bank that had a bailout during the crisis and had major troubles) in Leveraged finance & Sponsor Coverage. In spite of the small size they were MLAs in transactions with important PEs, like, and Advent. The problem is they didn't say anything about future job offers and I'm not so sure if the name is usable for applications at BBs and other banks in London or PEs.
The second is at Commerzbank in theAdvisory division, which advises companies on which IB product to use. I would have exposure on many different transactions, but only from a general point of view. But on the other side they told me, if they like me during the internship I could be accepted in the graduate program.
I like first one more, but I think that Commerzbank may provide a better name on the CV. In both cases I will apply in summer/autumn to all graduate programs offered by IBs, but in the second case I will have more safety.
Which one would you choose and why? And do you think that the first one could be a good starting point to get into a PE in the future?
Thank you in advance!