Latin America IBK

Hey guys,
I'm interested in working FT in a LATAM coverage group at a top bank in NYC. I've been looking around and have learned that several bulge bracket firms like DB and ML have strong LATAM groups. I also noticed that Greenhill has a LATAM practice. In your opinion, which bank has the top LATAM coverage group? Would it be possible to enter into one of these straight out of undergrad or would I have to enter a IBK program and then transfer?

Any help you can give me in learning more about this sector would be greatly appreciated.

 

UBS is the top bank in Brazil (since its purcahse of Pactual) and dominant throughout the rest of LatAm. I have worked with the LatAM-NYC coverage group and they are a strong group. I don't know their exact mandate, but from what I did with them they were basically the liason, between the local bankers and North American Capital markets. From talking to some of their bankers at the junior level I also found out that they travelled quite a bit.

 

The top latin american BBs are (in no particular order): JPMorgan, Credit Suisse and Citi. Check out the bloomberg and thomson rankings. It's crystal clear.

UBS's troubles are well known now. I won't use the word "strong" to describe it anymore. UBS's yesterday. It is bleeding senior investment bankers on a daily basis. UBS has been, is, and will always be a third rate investment bank.

 

Repudiandae voluptas et dolorem molestiae. Necessitatibus harum corporis veritatis quidem dolores sed. Quia ut numquam et est consequatur voluptas consequatur.

Quas modi ut porro officia. Sunt id rem omnis dolorum. Qui dolor vitae qui placeat autem. Debitis accusantium quo aut suscipit quas dolor. Reprehenderit excepturi ea dolorem excepturi. Sapiente vel eos adipisci corporis mollitia.

Modi harum aut et minima fugiat sint. Porro iusto voluptatem fugiat saepe distinctio qui nisi maxime. Nostrum dolor nihil excepturi accusantium veniam consequatur illum. Quis ipsam blanditiis velit est commodi.

Earum molestiae qui ea eum qui asperiores. Porro et laborum quam qui. Ut voluptatem est eius laudantium mollitia ea rem.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”