Does anyone know why HSBC gives you such weird options under "Which area of Investment Banking are you most interested in?"?
They have the following options:
- Corporates (=industry coverage?)
- Advisory (=M&A?), FIG and Public sector
- ECM, Leveraged finance and Financial sponsors
- DCM, Infa and real estate
This seems very random. Why is Leveraged Finance and ECM together? Those areas are pretty different. And why is Advisory with FIG and Public sector? They are mixing products and industry groups. I guess those aren't actual business units, so are they just forcing you to pick something and then it's just luck where you end up? I doesn't make any sense to me, e.g. someone that is interested in debt might chooses the last two options but then ends up in ECM and has nothing to do with debt.