Hi! I would like to introduce myself to the WSO community. As a way of quick background. Currently Vice President at a BB Bank, with 7+ years of experience leading M&A and IPO transactions Mainly worked within TMT and infra space Executed several multi-billion and crossborder deals Led on-campus recruiting initiatives and served as a mentor to graduate analysts Studied Telecom Engineering in top-ranked school and Grande Ecole in HEC Paris and executive program at Columbia I act also as part of the intern and graduate recruiting program at EMEA and would be very happy to answer any questions
28 Jun 2021
Want the SparkNotes? We got "banker speak" for nothing. But you don't need a SparkNotes because it was only a whole 30 seconds or so on an hour-long call. Senior Leadership on Junior Banker CIB-wide call: "We saw the materials and saw the forum" - nice, I would hope so. "We're exploring resources and solutions" - as you said you have been for months on end now… and as you SHOULD be at all times… without a deck or forum or having to tell me lol. "We've set a net zero emissions target for 2050" - sick bro. So what value did any junior bankers at WF pick up from the call? Please chime in because
31 Mar 2021
I'm at a non-target, so we don't have much (if any) IB recruiting. However, Deutsche Bank recruits at my school, but its for the Jacksonville office. I've heard that DB does its operations in Jacksonville, but they have some front office positions as well, and they are recruiting for front office. Does anyone have any thoughts/opinions on DB in Jacksonville? Potentially anyone who's worked there before? This might be my only chance to get a front office position from my school, but I want to make sure its legit. I have some connections at some small boutiques where I can probably get an
25 Sep 2020
I've been looking at DB's financials and it seems to me that they are doing well at the moment. 2018 IB Revenue/Profit/Margin: 7.5B Euros / 861mm Euros / 11.5% 2019 IB Revenue/Profit/Margin: 7.0B Euros / 458mm Euros / 6.5% 1H 2020 IB Revenue/Profit/Margin: 5.0B Euros / 1578mm Euros / 31.5% I know that COVID-19 certainly helped them out this year, but damn, that is still a major improvement. Revenues are way up, but most importantly, their profit margin this year has been fantastic compared to recent years. Does that mean the transformation is working well? Are they on their way to becoming a
03 Oct 2020
Looking at the other thread, it seems that most aren't viewing DB's email as giving a guaranteed FT offer. Rather, they said you will be "eligible to receive a FT offer." I'm not even interning at DB, but I would think that this IS a guaranteed FT offer for two reasons. 1. Definition of "eligible": having the right to do or obtain something; satisfying the appropriate conditions. --- You are "having the right to obtain" a full time offer, you "satisfy the appropriate conditions" for a full time offer. 2. Why tf would they mention FT offers in the first place if they weren't giving auto FT like
27 Apr 2020
Diversity recruiting has been the subject of several posts over the last few weeks. Although there are existing WSO posts that try to aggregate opportunity for diverse candidates, this one aims to be an exhaustive list that includes all the introductory programs and formal internship pipelines offered by firms on the street so candidate are aware of these opportunities. As new opportunities continue to be created, I plan to update this list. diversity investment bank programs The opportunities are separated into two buckets: introductory programs and internship opportunities. Introductory
03 Jan 2017
Thread for Deutsche Bank Commercial Real Estate Summer Internship Program. A place for insights, questions, and discussion.
11 Oct 2020
Hi everyone, I had my superday last Wednesday and received this email from recruiting team today. I would love to have your thoughts about it while i am awiting for update? Interviewers were so nice and interview were more a conversation than a typical interview. Thank you for interview for the 2021 Deutsche Bank Corporate Bank Internship Superday - NY position on XX date. While we are still awaitng final outcomes from the business we will provide you with an update in regards to your interview status on November 2X, 2020.
23 Nov 2020
I've noticed that UBS/DB both get so much shit from all over this site, but it seems like when I talk to folks who work on Wall Street and at several different BBs, they always talk about how they're still very respectable firms with good culture and people - great places to start a career for an ambitious 22-year old, even today. Is all the hate on this website justified? Is it not? What are your experiences at these banks and/or working with these banks? I accepted an SA offer at one of these two banks. Also: Please don't comment on here if you're in high school, freshman/sophomore, or not
04 Dec 2020
Have a DB offer for SA 2019. Haven't applied to any other firms yet, wondering whether to take it or not. Go to a target school, GPA above 3.5.
06 May 2018
Hi Guy, got an offer to join DB LevFin. Can yall please give honest views on exit opp from the DB LevFin group and what are some of the bonuses 1st analysts get at DB IBD?
14 May 2021
Hi Guys, I was wondering if anyone had any experience with working in Fixed Income & Currency Structuring particularly at Deutsche as there is very little out there on what the day to day is etc... Any information would be very appreciated especially around day to day work, interviews and what the banks are looking for in terms of employees. Thank you very much!
10 Jun 2019
(first post please be gentle) general profile: >3.6GPA, top 20 US university, studying economics, history, and anthropology (eclectic mix for finance I know) I recently got an offer at DB for their grad program in Jacksonville, which places recent grads into IB, S&T, and ER positions based on desk placement interviews in the spring. If I took the offer, I would be gunning for ER, and the recruiters I talked to seemed to believe that is the place I would be most successful. I also did the SA program at MS in New York this past summer, and got a return offer. I was in the back office (think
05 Nov 2018
I have an offer from Deutsche Bank for their investment banking generalist program. I am being told that the Bank is going downhill fast (look at the news recently) - should I be concerned about this? Is their reputation tarnished? I just want to be at a good Bank w strong exit ops. What is going on with DB!
06 May 2018
Hey guys. So I am interning at Deutsche Bank in the Investment Banking division. I was wondering which groups rank at the top in terms of prestige and exit opps. Any thoughts on the Consumer group? Would love M&A but I feel like everybody is gonna go for it. Top Groups at Deutsche Bank Deutsche Bank may get a lot of unnecessary flack but the investment banking division does contain some exceptional groups. Unlike most bulge brackets, Deutsche bank does not have particularly active M&A group. Additionally, the culture within this group makes it enough for it to be avoidable. In contrast, other
07 May 2016
I know that DB sold their equity S&T business, but it seems like ER is still going strong at DB. I still see news articles that hold DB analysts to high regard, so I was wondering if ER at DB would be a good start to my career. I am currently recruiting for a ER role at DB, and I have a good chance to land the role, but I would like to know your guys' opinion on this. Asset Management would be an ideal exit opp for me, and I will plan to stay in ER for about 2 years.
16 Sep 2020
Just saw this across my news stream. It looks like 9,000 will be FT and rather immediate. Not sure what groups will get hit the hardest. $6.6b loss in third quarter. http://money.cnn.com/2015/10/29/investing/deutsche-bank-job-losses/ http://www.huffingtonpost.com/entry/deutsche-bank-cuts_5631e588e4b06317…
31 Oct 2015
Alright for those of us that are about to begin our final year (next week...gasp) in college and are working on recruitment for IB, I figured I'd make a thread so we can keep each other in the "know" as to who's recruiting when and what positions. This is for USA positions as well as UK. Also, for anyone that's already in IB that works at some of these firms that are recruiting and knows the schedules, feel free to post. I know DB and CS in London are recruiting. Wells Fargo Investment Banking applications go from September 20th-September 25th. JPM Chase applications are also start in September. Not sure as exact dates but a recruiter told me "beginning of September". This is for FT recruiting, not SA. Also, please don't post your resume for people to check.
18 Aug 2010
I have 2 summer internship (London) offers for the IB divisions at DB and BAML and would really appreciate some advice. I really liked DB's culture and the way they go about their business, the division has a great team of people. They seemed very supportive and they really focus on the personal development of interns/analysts. I also find DB to be more prestigious but that's just purely down to my personal subjective opinion.
15 Dec 2012
http://graphics.wsj.com/investment-banking-scorec… According to the WSJ league tables above, DB is ranked #7 within the global DCM table. Is this their top group within their IB division?
12 May 2021
So I have an interview with Deutsche Bank for Global Transaction Banking. It is part of Global Banking, however its obviously not investment banking. At first, it struck me as something along the lines of corporate banking, but going back to the description, I'm not so sure. Here is the description: Global Transaction Banking (GTB) addresses the needs of corporate clients, financial institutions, investors and issuers. GTB covers payment transactions, liquidity management, trade finance, securities services and the trust business. GTB employs more than 4,000 professionals in more than 35 countries and provides the following products and services: Cash Management Trade Finance Trust & Securities Services Capital Market Sales
23 Jan 2009
Why is it DB are getting a lot of stick recently? Seen a lot of people posting that they wouldn't want to work there? I understand they haven't done so well recently, but why? what's caused them to suffer? and isn't their restructuring plan a sign that they're adjusting to the new economy and should do well in the future? Surely Deutsche Bank is still a top place to work, maybe not up there with MS and GS but still strong?
31 Aug 2016
Deutsche Bank has had a busy week. After poaching an entire deal team from Merrill Lynch, the German bank posted its first quarterly loss since World War II. Unlike their American counterparts, D-Bank officials also had the stones to tell the German government what they could do with their bailout package. http://www.breitbart.com/article.php?id=CNG.c3b86… The Merrill move is pretty solid strategy on their part. D-Bank grabbed a bunch of guys who were probably getting happy feet anyway, and positioned themselves to benefit from all the inevitable bank carnage over the next couple years.
05 Feb 2009
Long time lurker, first post. I'm currently living in an apartment in NYC, where many of the summer tenants are interning at DB (most in IBD). Over the past week or so, I would always run into these people and we would just talk about things such as past experience, school, GPA, resume things...etc etc. And I gotta say - many of these kids don't seem qualified at all. They don't have outstanding grades and many didn't even intern in the previous summer. In addition, it's almost like the female SAs were hired purely based on their looks. Many of them to be clueless about finance. The male applicants don't seem to be much better.
12 Jun 2012
I've noticed that Deutsche Bank's S&T division (FICC) has been doing relatively well this year, much improved in terms of revenue and profit margin for the first two quarters. I'm sure COVID-19 has a big role in that, but still. So, how are they? Any desks that stand out in particular?
02 Oct 2020
I have an interview in two weeks with Deutsche Bank Private Wealth Management in Los Angeles. The position is for Analyst with a two-person brokerage team. Can anyone give any insight on potential questions they would ask? Thanks!
26 Apr 2010
Can someone fill me in with the top groups at Deutsche Bank (IBD) in (a) London and (b) New York, in terms of prestige and deal exposure?
28 Feb 2015
Received 2021 IBD SA offers (London) from both. Looking for advice on which offer to take.
01 Dec 2020
I have a first round interview with Deutsche Bank corporate finance coming up. Anybody know what to expect? I've never had a finance interview before. More importantly, can anyone tell me "Why Deutsche Bank?" Why Do You Want to Work at DB? In any interview or informational phone call - you will likely be asked an equivalent of this question - so it is critical that you have a thought out and practiced answer. To help your answer stand out, you should do extensive research on the firm's website to determine what they consider to be their core values and competitive advantages. In addition to
08 Feb 2010
If you had offers from both of these banks, which one would you choose? I know Deutsche has more history but in recent years it has been falling.
03 Dec 2020
Hey guys. I am getting ready to accept an offer for a Summer Analyst position from Deutsche Bank IBD in NYC. Does anybody know what industry/product groups they are particularly known for? Thanks!
10 Feb 2010
I am looking into this banks and I was hoping someone could enlighten me about what each one of these banks specialize on? What each of them do best? For example which ones do more underwriting or M&A, which ones specialize in what industries So if you could choose which one to work for... which one would be, why?? which one pays more, or maybe in another there's a better chance to climb the tree, perhaps one is "iffy" and you rather go for the others... any insight? any helpful advice???
05 Feb 2011
My friend recently introduced me to someone at Deutsche Bank NY in their IBD. He's nice enough to send in my resume to HR. But what are the chances of getting invited for an interview? Wasn't superday a while ago? I go to a target school in Chicago, so they would have to fly me to NY if they wanted to interview me - which I think is costly for the firm. I am asking this because I began networking with a few others at other banks for equity research. I just don't know if it's worth it. (but of course, networking can't hurt..) Please let me know! Thanks.
22 Oct 2014
Hey guys, I'm a junior at a target (Ivy) interested in credit. I'm trying to figure out the best way to get to a credit HF. I currently have offers to join DB's structured credit desk as well as as a HY credit analyst at a >$1bn credit fund at a large bank. Obviously 1 is sell-side and 1 is buy-side but the jobs do seem very similar. I would think that the buyside program would be better but there is no formal training program and I was unsure of what type of experience I would have. On the other hand, I genuinely like the people at DB and am told they take a lot of principal risk when trading illiquid products. To me, this means that I would be doing similar jobs, but I may be wrong. 1) Please advise?
04 Feb 2015
Hey, have FT offers from Citi, Credit Suisse and Deutsche Bank. All for M&A groups. Could use some advice which you think would be the best choice in terms exposure, experience, prospects, exit options, reputation? People wise I like all of them and would comfortable at all 3.
11 Dec 2010
I heard DB is still a very strong player in FICC, and I would like to know which desks are the best. I am an incoming summer analyst at DB S&T, and I would like to put myself in the best position.
03 Oct 2020
Which is better for a junior summer internship: Houlihan Lokey (Financial Advisory Services) or Deutsche Bank IBD?
03 Mar 2011
Has anyone heard about IB interviews for DB summer analyst positions or know the timeline?
26 Apr 2021
Hey everyone, Just a couple days ago, I took the numerical reasoning test for Deutsche Bank. Yesterday i received the successful applicant email saying I progressed to the next stage. This morning I received an email stating i was rejected. Has this happened to anyone else? I am trying to figure out what happened (Is one a mistake, Did the run out of spots, etc.) FYI: I called the graduate recruitment center and the person I spoke with clarified twice that the successful applicant email I had received was not an automated email.
16 Nov 2017
I been offered an internship in the Finance division in Deutsche Bank and a Research role (Private Equity) in McKinsey. Offer expires tomorrow. Personally I like the brand name McKinsey offers but it does not have a structured internship program unlike Deutsche Bank. Any advice?
11 Mar 2012
Currently contemplating a VP-level offer from Deutsche Bank (cue the laughs from all the high school/college wannabes on here) to join one of their top groups - think LevFin type/other high-performing FI groups. Anyone here at DB move into the new Columbus Circle office? If so, any thoughts? Also, what is the DB travel policy like nowadays? I think we all read the article that came out 3-4 years ago about a travel ban for the juniors, what's it like now?
20 Nov 2021
What are the pros and cons of going to work as an analyst in the sales and trading division of Credit Suisse and Deutsche Bank? What are the strengths of these programs and what are their comparative advantages? Thanks for any help or insight you could provide.
15 Feb 2011
Does anyone have any insights at DB's Paris office culture, hours and comps? Especially at the Analyst and Associate levels within the IBD?
14 Nov 2021
If I was looking to go into PE later on, what order should I rank my preferences at DB? 1) M&A 2) Fin Sponsors 3) REGLL (real estate, gaming, lodging, leisure) The consensus is that DB's Lev Fin group is relatively strong within the bank, but I'm not sure if I will like the type of work, as it seems to be much more capital markets based than M&A or an industry group. I imagine it to be much more focused on looking at high yield rates, bond market trends etc, rather than M&A modeling, company profiling etc. Because of that, I was thinking of just putting Fin Sponsors on my list instead of Lev Fin. So: 1) Does this list sound good? 2) Is the difference between their Lev Fin and Sponsors groups so large that I should just definitely have Lev Fin instead of Sponsors on my list? Thanks.
14 Feb 2010
Does anyone have any insights on what types of questions are asked in these interviews from previous years or any general technicals to be studied up on in AM? Thank you.
08 Nov 2021
Hi, Anyone who did the superday at DB's nyc office too on Friday for the 2022 Group Strategy Analyst summer intern program? I received a call from the HR on next Tuesday telling me that they haven't had a final decision for my application but I am highly considered. "You can expect to hear back from us in a week". Anyone already got the offer? Anyone in the same shoe as I do? Thank you guys so much.
06 Nov 2021
I know that DB sold their equity S&T business, but it seems like ER is still going strong at DB. I still see news articles that hold DB analysts to high regard, so I was wondering if ER at DB would be a good start to my career. I am currently recruiting for a ER role at DB, and I have a good chance to land the role, but I would like to know your guys' opinion on this. Asset Management would be an ideal exit opp for me, and I will plan to stay in ER for about 2 years.
16 Sep 2020
Vacation rental giant HomeAway.com is getting ready to go public this summer in an IPO valued at an estimated $300 million. The company has selected Morgan Stanley, Deutsche Bank, JP Morgan Chase, and Goldman Sachs to manage the offering. The offering is a further sign the IPO market may be coming back from the dead. Lofty valuation aside (it's hard to imagine the multiple they're commanding when they only charge property owners $300 a year for their service, but I'll withhold judgment until I see the S-1), this is a very cool company. Those of you who've been reading my stuff for a while know
22 Feb 2011
I just recieved an offer from Deutsche Bank's Corporate Banking program and I was wondering the best groups within the CB program are. The groups are Cash Management, Foriegn Exchange, Trade Finance, Securities Services, Sustainable Finance, and Trust and Agency Services. What would be the best group to pick from?
27 Oct 2021
Hi, I'm currently a junior at a top tier school. I currently have offers for an investment banking summer analyst position at the following banks: credit suisse, ubs, deutsche bank and merrill (BoA). I also have interviews lined up with JPM and Morgan Stanley. I've turned down Citi and RBS. I'm waiting to hear from Perella. If I get Morgan Stanley or Perella, I'll go with either of those. As for the rest... I need some help. I'm leaning towards credit suisse, but i also have a strong interest in ubs. Please let me know your thoughts
11 Feb 2009
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