Investment Banking in the EMEA (europe/middle east/africa) Regions

Can anyone comment on how the different ibanks are positioning themselves in those markets? IE are they trying to expand ibanking, specifically in the middle east region? What would be the progression? Work in NYC or London first, and then be moved there? how would you articulate your desire to do so in an interview in nyc?

 
Best Response

I'm not sure why you would want to be positioned in the Middle East if you were starting out your career. Having NYC/London experience would make you seem much more desirable in a few years (better deal experience, etc).

For example, let's say that you start at ML, CS, LB or another top firm in NYC/London as an IB analyst and then decide to transfer to Dubai afterwards (same firms or others). I doubt that you would seem less desirable than an analyst that started in Dubai and wanted to transfer out or seek new opps.

All big US BBs have set up shop in Dubai for ME related work. Some also in Saudi Arabia. I would imagine that there still would be some kind of reporting line to London (or maybe NYC) for some time though.

For Europe, London is where it is at.

Basically, from my point of view start with NYC/London and work your way to other places. That's just my opinion.

 

Yes, I did not mean starting in the ME right off the bat, but working in NYC or London first and then moving there with the same company or a different one.

What my real question was, do I bring up my cultural/languague skills that would apply to the ME later in my career in an interview for a position in nyc. What im trying to get around to saying in the interview is, yes i want to be in ibanking and i want to start off in nyc/london, but at some point i want to move to the me to use my background to help the company there. does that make sense to do at an interview?

 

wasting time, that was unprofessional. One reason why London is a global centre for finance is because the industry there is so diverse and the city is open to diversity. Walk into an IB in london and you will be surrounded with people who speak several languages (modern european and others).

 
Wasting Time:
Paris is burning down from the Africans though. Burn mother fucker burn, dumb ass frogs letting in millions of non-whites.

Right, and the US is doing so much to stop Mexican illegals?

No wonder you can't even get more than a D in accounting.

 

Wasting Time, was it a trip, or did you actually live there.

Anyway, if you have indeed traveled as extensively as you imply, but are still narrow minded enough to comment the way that you have in this thread then you have learned nothing from the experience.

Furthermore, to suggest that London sucks and, even more ridiculous, that Paris is superior when in comes to finance illustrates that you don't have a clue at all. One of the main reasons that London dominates Europe as a financial capital is because it is so open to the rest of the world.

Seriously, get a clue. You can find one by listening more and talking less.

zzdub,

I'm not sure how you should pitch it, but I would imagine that it would come up when you discuss your future career goals or similar questions.

 

I didn't say that Paris was > than London, they both suck, Europe sucks. I'd rather live in the USA, Australia or South Africa. Europe is too liberal and fucking gay for me, pretty soon that whole place will be Africa at the rate it's going. Their cities are fucking gay on top of that, no skyscrapers whatsoever, a bunch of limp 300 year old buildings and they call that a downtown. Moscow though looks alright, at least they're building up a central business district and don't tolerate retarded 3rd world trash to run around causing trouble.

 

Get a clue.

London, Paris, Barcelona and Milan are all superior cities to most of what the USA or Australia has to offer. (I can't comment on SA as I haven't been yet, but will do so eventually).

Anyway, are you really saying that those cities are gay? Please.

Nonetheless, we aren't talking about what you think is homosextual or not, we're talking about Finance and IB. London trumps ALL but New York easily. Furthermore, London vs. NYC is a close call in various sectors, e.g. European IBD, International work, credit derivatives, etc...

I don't care how pretty you think the skyscrapers are in other cities when a 5 person boutique in the west end does more dealflow then some of the biggest names in Australia & SA combined.

Who do you think covers Moscow IBD? I'd wager some smart people in London. Also, the way the opp funds are working in london I wouldn't be surprised if your much beloved skyscrapers in Moscow were snapped up by UK based pros.

You obviously have issues with race and probably some other aspects of your personality. Save it for another forum, because we're discussing finance here and your comments show your ignorance.

 

What country are you in? There are some countries where you can find IBD off cycle internship during the year using the university career page.

I'm grateful that I have two middle fingers, I only wish I had more.
 

Increases your odds if know German/French as there is more business opportunity there, but some firms may also be looking for a more unique language skill like Russian for a particular role. Answer to this question ultimately depends on the firm/position you're going after as well as location (i.e. London vs. anywhere else in Western Europe). Key point here is being more than conversational in another language. Lots of people are conversational but not business proficient; the former is potentially helpful but not a differentiating factor, the latter is what separates you.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”