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How helpful is our apprenticeship zone? Have your say with our short survey 02-12-2016
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    for Citi investment banking, is it split up into m&a and capital markets - should i specify one on my cover letter?
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    (Original post by cleverboy12)
    for Citi investment banking, is it split up into m&a and capital markets - should i specify one on my cover letter?
    there's a separate team for capital markets called capital markets origination

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    (Original post by Princepieman)
    there's a separate team for capital markets called capital markets origination

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    so would the investment banking department not do IPOs?
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    is there anywhere i could find list of the coverage groups at citi or are they standard?
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    (Original post by cleverboy12)
    so would the investment banking department not do IPOs?
    Capital Market's division do IPOs
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    (Original post by cleverboy12)
    so would the investment banking department not do IPOs?
    investment banking will have the industry/country coverage teams who oversee the general relationship (and likely any more technical/specific modelling) with clients but liaise with product bankers in m&a and cap markets and the product teams like m&a who specialise in deal execution.

    So yeah, as a coverage banker you might work with equity cap markets on an IPO but it's not what you specialise in.

    the specialist cap markets bankers will be in CMO.


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    Lol that nomura logica though, 14mins. Managed to get to about question 22 with confident answers, lets see how it goes. Feeling good about this one for some reason
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    (Original post by cleverboy12)
    so would the investment banking department not do IPOs?
    (Original post by alexjones1994)
    Capital Market's division do IPOs
    The Investment Banking department (and the industry teams in particular) usually takes care of the valuation part of the IPO (i.e. they establish a price range for the company's stocks), then ECM (Equity Capital Markets) takes care of the proper offering (looks for investors willing to buy that company's stocks, bargains to sell them at a good price based on the valuation work done by IBD).

    So it's not that IBD only does M&A or Capital Markets just do IPOs or debt offerings, it's more of a collaboration between the two.

    Hope that helps
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    Well that TalentQ for Citi was a disaster. Misread two of the questions and then ran out of time to answer them... RIP

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    (Original post by cleverboy12)
    so would the investment banking department not do IPOs?
    not in Citi's case
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    Does hsbc send test automatically or do they review the application first?
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    Jesus. Felt the Lazard numerical went really well only to receive the rejection email minutes ago. Do they have a high cut-off or have I just lost it?
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    (Original post by Gman786)
    Does hsbc send test automatically or do they review the application first?
    Quick review.

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    Has anyone received a rejection from Citi post numerical?
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    (Original post by YoussefSilva)
    Does anyone have a list of banks who retest?
    I'd love to know this, I understand they have to do it because of verification but imagine having to sit the Citi talent q test or any for that matter theyre giving me enough stress now as it is ffs

    I do know Citi are mugs so yes they do, also Lazard do. Which isnt surprising given the tests they both have.
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    are the folks at .72 only doing L/S equity ? I freaking hate equity.
    are there any HY Debt/Distressed assets investors i can apply to ?
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    (Original post by savonarola)
    are the folks at .72 only doing L/S equity ? I freaking hate equity.
    are there any HY Debt/Distressed assets investors i can apply to ?
    They do systematic stuff too.

    Doubt there are many credit funds with internships where you can just apply online lol

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    (Original post by alexjones1994)
    ****ed that Citi test. Reckon I got 10/12... That okay you reckon?

    Its quite easy, don't know what everyone is complaining about lol. I missed two of the Qs because I made a mistake on my calculator. Wish I didn't have such sweaty fingers :L.

    I reckon people in here will find it easy to get 12/12 ngl.
    You can totally get 10/12 for Talent Q mate. No worries. I got about 10/12 last yearName:  image.jpg
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    I'm pretty sure I've passed Credit Suisse tests, it says application received a few days after the tests. Anyone else have this on their status? surely it would give an instant fail right
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    (Original post by Dante991)
    I'm pretty sure I've passed Credit Suisse tests, it says application received a few days after the tests. Anyone else have this on their status? surely it would give an instant fail right
    Well, no one has said they have been rejected yet, same with MS, so i can only assume they're going to click a button that begins that process sometime soon.
 
 
 
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