Pros
If you like living in Cleveland, Ohio and you work in any other group other than Consumer Markets in the investment bank, KeyBanc Capital Markets is a decent place to be.
Kontras
This is specific to Consume Markets. I was an analyst in the group for two years. During that period I only worked on one deal. The group is currently focused on business development and has no established investment banking client relationships. If you are an analyst in the group all you will be doing is pitching for new business, and when something interesting or the bank gets engaged on an advisory assignment, it will be handed of to the M&A group. Another issue is the fact that Key is not willing to pay to attract senior bankers with established relationships. Instead the practice is to hire desperate first year VPs who have no established client relationships from decent banks that have been laid off and that is the best case scenario. Furthermore, you will have to work with associates that donâ??t really know what they are doing, who are unable and/or willing to train you and end up dumping all the work on you. I could go on and on, but my advice is if you want to work at Key Corp and its investment bank avoid consumer markets group like the plague.