Thoughts on Citi Houston IB

I know that there is another thread already on this topic, but that was before the pandemic. Thoughts on Citi Houston IB after the pandemic, how does it rank compared to other Houston BB's in terms of deal flow, etc (not fit/culture, as that is for me to determine)? As a prospect, this may be helpful.

 

Thanks for the MS, bring it on. The reality is that you won't get a true feeling for or gather credible info about the group unless you speak with someone there. There have been other posts about post-Covid O&G banking, so some of your answer might lie there. Almost everything you're asking for can be answered through networking on LinkedIn or sending cold emails or just reading up about recent deals. Toughen up, pussy

 

OP here - I am not the one who gave you the MS. I have networked with people in the group and looked at deals, but obviously, people in the group are biased. I wanted to get an outsider's view of the bank, which I believe is very important to get an objective and non-biased view.

 

Group is very solid. Definitely one of the better BBs within the O&G space. Have strong senior leadership and generally pretty smart people but have heard culture isn’t always the best. 

 

I work at another top BB in Houston and I would say the general opinion is that Citi is very hot right now, they’ve been on basically everything lately. I think they hire a bigger analyst (and maybe associate?) class than most other banks so maybe they just have the capacity to chase any and every deal. Whether that’s the case or not, they’ve crushed it recently. Don’t know anything at all about their culture/how sweaty it is, but just solely focusing on deal flow they’ve got a solid reputation. Would say the only other BBs I’d consider accepting over Citi would be BARC, GS, or CS if you preferred the culture at one of those. Outside of that Citi is an obvious choice.

 
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