| Topic Name: |
Investment Banking Experience |
| Message Name: |
More |
| Date Posted: |
02/10/2006 |
| In Reply To: |
It's your career and to put it in the hands of hope is not something I recommended to a friend...as much as you want to convince yourself. They're behind the rest in the US, they're in-road would be cross-border deals, but there a number of banks involved in the market with strong track records.
Metals & Mining do well and they'll be merged with Energy & Utilities, with the Metals & Mining MD heading it up. WIth the growth in China and the sector team's track record, they are positioned to enjoy further successes. E&U typically have the longest work hours...kiss the weekends good bye.
There were quite few people who got less than expected.
Doing rotations in the far off, non-focus areas I'd advise AGAINST. Any regional offices, you'll get less relelvant exposure and experience. So Japan no, HK/China yes, but I wouldn't consider it a regional office. I did a rotation in a regional office and you pretty much prepare pitch work, news, etc.. for the MD who is the relationship contact person. London swoops in if there's a deal to be done.
To answer this question: which team do you recommend at HSBC?
I don't, the first message I posted details that I'd advise against joining....HSBC was between 19th-21st on league tables!!!
I'd give too much away if I told you my team. |
| Message: |
Gales, thanks so much for your comments.
Some conclusions I drew, please correct:
1) If ever working at HSBC, then go for E&U/M&M, otherwise no future at HSBC? What if these 2 sectors don't appeal to you - would being in the execution team at least obtain some of the successes?
2) US = no. London = yes. HK = ?
3) Would HSBC make a real IB acquisition? Would Green head up M&A successfully?
Thanks for your great advice again. Respect your privacy.
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