Question for EM/LATAM guys out there.... outside of the US Primaries (Citi/JP/GS/MS, etc), what is the best Latin American bank to work for, on EM/LATAM trading? I have looked @ Santander, BBVA, BTG, etc, but curious which of the Latin American banks clients view as best.
Thank you,
| +18 | Breakdown of Commodity Trading Houses | 0 | 1h | |
| +17 | Delta One Trading | 6 | 1d | |
| +14 | How Quantitative is Commodity Trading | 5 | 17h | |
| +12 | Lateraling from Trading to IB vs. IB to Trading | 4 | 3d | |
| +11 | Loser on the trading floor - help please! | 3 | 3d | |
| +9 | Commodities tradehouse vs FX market making | 1 | 6h | |
| +9 | Best macro desks | 2 | 1d | |
| +9 | SA class size in BB FO (IB, S&T, AM PB) | 3 | 2d | |
| +9 | AVP / AD Fixed Income Trader Salary | 1 | 4d | |
| +9 | Working in Switzerland for Non EU | 0 | 52m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Avoid spanish banks... they tend to pay lower than the rest and not great places to be... i would go for brazilian banks (BTG, Itau, Bradesco)
Thank you. BTG being the best amongst them?
Perhaps... BTG or Itau (in my opinion!) Both are great options. Would it be for a position based in LatAm?
Most likely United States. Do you have any intel on what positions are like in São Paulo / Mexico City vs NYC/ Miami? Hours , pay etc . I'm making a lateral transfer from structured credit to get on the front lines of Venezuela's situation.
Any help is appreciated ! Thanks everyone
I am not 100% sure, but as far as I know both Brazil and Mexico are good payers and, adjusted by cost of living, you'd be making more than in US. But I can't tell numbers.. I don't cover nor work in any of those two countries (I'm in Argentina, another good place to be -if you are willing to live in a high-inflation country)
PDVSA 24 could be a great deal, if you are brave enough...
isnt the BTG ceo in jail?
Yes - Operation Car Wash. Itau looks like a heavy hitter though. Any thoughts on BTG vs Itau ?
In Brazil, Santander is a big player and is almost like a local champion despite being European.
Itau is strong too.
Among the bulge brackets, Credit Suisse is very strong for trading in Brazil.
Look at some of the Canadian banks too. I know Scotia is pretty prominent in LatAm.
As previously mentioned, Scotia is becoming huge in South America. They are probably the strongest players in commodities excluding Ag.
Great color. Thank you. I'm more focused on Fixed Income: Sov & Corp but its all part of FICC - so much appreciated.
torero Scotiabank/Colpatria just acquired Citi Ops in Colombia. Good call in the growth for Scotia
Corporis autem consectetur et facilis cumque excepturi eveniet ut. Sed aperiam odit aut hic non et. Quia natus fuga reprehenderit consequuntur facilis perspiciatis voluptatem rerum. Repudiandae architecto rerum et et fugit repellat.
Sunt perferendis voluptas exercitationem est ut. Harum possimus sit aut nesciunt. Ex asperiores asperiores voluptatum eius rem qui omnis.
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...