Deutsche Bank healthcare?
Wondering how this group is. Seems like they're under new leadership with an internally promoted group head who made it rather fast. Has the group been doing better in recent years? How would you compare it to Jefferies or Cain Brothers?
Jef > DB > Cain
You're not wrong, at another BB HC group and from my observations DB is definitely not as strong as most other BBs and Jefferies in Healthcare.
Do you think they're rising though? The new MD came to my school recently and hyped it up. Obviously he's biased, but I was just wondering.
In that case, do you think there’s any merit to being at Cain? SAing there next summer but I’m not wedded to it.
Such cap. Either you don’t know anything about healthcare or you’re basing this off of 10+ years ago. Jef > Cain > DB
The HCIT guy they have is pretty good. Otherwise it’s pretty crappy
Idk man. When I was there two years ago it was a shit show. Staffer was rude and sensitive - even for small matters like not thanking him for giving me a staffing. All I did was pitching, and some financing deals that we were tagged on. My MD was active per se but never led a process during my time there. Think we had six months straight without a deal announced (except for a $300mm notes issuance that yield $300k and change).
Where did you end up after that group?
What were your hours like? Saw DB IB avg'ed 70/week during the pandemic - is that true?
DB HC is def a weak group for them and Jeff HC is one of their top groups, I would take Jeff HC over them. DB has some groups like LevFin/Sponsors/REGL(if interested in RE) that I would consider more for this choice or might pick over Jeff HC but not for DB HC.
How is the culture and hours at DB Healthcare?
Healthcare and consumer are very weak at DB. Different story if it’s industrials or levfin
Consumer is not weak, but yeah. They’re on a hiring spree in FIG and Consumer right now, they don’t care about healthcare anymore after JP took their best bankers
Used to be one of the top groups at Deutsche and Street with a p solid culture but now it's MASSIVELY struggling as there's a lack of deal flow and everyone good got poached by other banks or left. They can't retain talent and the culture really does suck now..... I think there is no comparison for this group to either Jefferies or Cain, or really any other health care group, and I would recommend avoiding it. Like others said, the rest of DB is NOT like this, and product groups tend to place well on the buyside.
Can I dm you some questions?
Aspernatur dignissimos earum maxime sunt mollitia aut quia. Ut omnis est dolorem tempore esse voluptas ad.
Numquam illo pariatur provident qui. Dolorum quae placeat non quasi. Repellendus veritatis blanditiis aut nobis sed in vel cupiditate. Et reiciendis fuga dolorem earum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...