Societe Generale TMT
Hi!
Anyone can share any intel on Soc Gen's TMT team? Interested in the usual stuff - deals, exit opps
Hi!
Anyone can share any intel on Soc Gen's TMT team? Interested in the usual stuff - deals, exit opps
+198 | 2nd casualty of BofA, 25 yo credit trader | 64 | 1h | |
+169 | Associates not checking my work and getting mad at me? | 35 | 6h | |
Am I insane? (NEED ADVICE) | 62 | 2h | ||
+84 | the new "email template" | 27 | 10h | |
+80 | Is it appropriate to take time off after a breakup? | 22 | 1h | |
+79 | How Much Parental Assistance Do People Actually Have? | 33 | 7h | |
+58 | Fitness vs Traditional Watches (in Office) | 40 | 1s | |
+57 | Analysts bitching on WSO | 10 | 1h | |
+56 | Why are UK, UK based and UK-countries related (India, Nigeria...) students so cringe on LinkedIn? | 20 | 2s | |
+51 | How is Northwestern? | 15 | 17h |
Career Resources
Easy: go somewhere else.
Your reply is low quality and not helpful
Zero deal-flow, no exit opportunities, very long hours working on no-sense pitches like the Commerzbank-Google merger. The sense of my answer does not change: go somewhere else.
Would be really grateful if somone could share intel
If you don't want to write here, please, pm me
.
bump
Their NY office loses money lol so you can see the deal flow. Only Lev Fin is even remotely decent for IB and even then it doesn't compare to the MM firms. Your best exit opps will come if you plan to move to France. In the US the bank has no name.
Interested in London TMT team
They don't have any deals or exit ops that I know of. This makes sense as there are no French tech/media company conglomerates with easy cross border sell side opportunities like a japanese or german shop would have.
I don't even know what space they live in in the US. Like, I see allocations to a lot of F500 TMT names but Socgen is never tier 1, which means they have limited access to management. Unless they are middle market, in which case, I have no idea.
Some of the French tech / media conglomerates you are forgetting about:
Vivendi (Universal Music, Dailymotion, Gameloft, Telecom Italia), Altice (Altice USA, SFR, MEO), Orange (France, Spain, Belgium, Poland, Slovakia, Romania), Sage, Dassault Systemes, Atos, Ubisoft?
I'm not defending France btw - I'm not French. I know that their TMT team used to be considered fairly strong in Europe (with a caveat that it was a bit too French) so people left to JPM, Barclays, Citi.
I am however curious what is happening to it now. Would be grateful if someone who is based in Europe could share.
Have seen an A1 move to JPM London, not sure what team in JPM though.
Bump
bump
No deal flow, below mediocre MDs, endless no sense pitching. Slow progression through the ranks: intern for two years, associate for 6 years, analyst for 5 years, VP for 7 years, director for 10 years is that team's norm.
The pay is peanuts, especially from VP level. junior salary level is in line with market, bonus is ridiculously low.
The VP/associate/analysts in the team are considered "second tier" people in the bank. The execution of TMT deals is done out of Paris. Juniors in this team work on pitches or on not that important execution that Paris team had no capacity to handle.
Overall, very bad place to start a career. Working at a transaction services team of an accounting firm can be better in certain cases for your CV...
Have heard that this year the team lost all junior staff but one analyst (1 vp, 4 associates, 7 analysts quit in less than 12 months). The team is desperately looking for people talking bullshit to the prospective candidates. Several people reached out to me over linkedin to ask about the team and I could not stop laughing on what they have been told about prospects in this team.
oh yeah forgot to mention, the culture sucks there obviously
Hey, looks like you are an insider and know tons about the team. Do you think moving from an infra team at B4 is a good career decision? I've heard one guy exited to UBS TMT team after a couple of years in that team. The bad thing ofc he moved to the team with a downgrade and had to suck up to some really stupid associates there.
----
Top tmt group…when compared with other 4th and 5th tier Euro banks with small US presence.
Has anyone interviewed with the team recently ?
Following up if someone has interviewed recently.
Many thanks !
Eum vel deleniti odit exercitationem. Rerum hic mollitia doloribus optio et iste necessitatibus libero. Velit est mollitia et et.
Tempore quis ut ut possimus. Numquam sed rerum explicabo voluptates quidem sed tempora perferendis. Tenetur ipsa officiis consequatur reiciendis et explicabo id. Quis voluptate libero esse. Est ab et consequatur dolores nostrum aspernatur ratione.
Dolores dolorum quis totam aut eos. Ea et autem repudiandae non ipsa. Rerum consectetur nisi reiciendis qui repellat quasi.
Sed placeat sunt dolor. Explicabo repellendus rerum iusto ea autem.
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...
Fugit labore dolorum earum quia. Neque et laborum suscipit dolorem. Veniam exercitationem qui recusandae aut ducimus.
Ut facere quod maiores commodi. Eos sint vitae consequatur voluptatem consequatur tempora qui.
Ab praesentium asperiores enim et molestiae iure recusandae incidunt. Consequatur doloremque placeat exercitationem voluptatem aperiam quidem rerum est.
Dolore cupiditate beatae aut vel est odit incidunt. Dolorum explicabo sint ipsa. Explicabo deserunt consequatur nobis dolor. Natus dolor unde consectetur molestias nam vel.