4. HSBC in Germany
• HQ located at famous Königsallee
• Originally local bank Trinkaus with 8
branches in GER, AUT and LUX
• Now 80% subsidiary of HSBC group
• No retail banking like in Asia, UK or France;
only corporates and wealth management
• Overall smaller presence than Deutsche or
Commerzbank in GER but superior global
network and credit rating
5. Where I work…
Financial • Serving non-German-based
Institutions customers that have
German branches/subsidiaries in GER
Corporates
Global • Day-to-day customer service,
Banking GB Corporates
main products current
Multinationals accounts, FX accounts, g‘tees,
fixed deposits, C/L
Investment
Banking
• 7 Team members:
• Director
• 4 Relationship Managers
• 1 Trainee
• 1 Intern
…and what I do.
• Support of RMs
• Regular services for certain customers
(balances, fix deposits, processing
payments), individual Qs
• Major task: Creating customer profiles
for compliance
• Etc.
6. •attractive company with great
reputation and global
•lack of supervision
opportunities, office location
•few chances to attend team
•big business with major global
meetings, lack of integration
companies
• >90% of time working on
•fair work-life balance
computer
•fair amount of responsibility
•hierarchy
•meeting other interns
7. Situation
• During the first week I could meet the intern preceding me in my position and ask
her a lot of stuff. She had been there for 3 months and said she had found it pretty
interesting and learned many things but also said (when I asked her) that it was
about the right amount of time and wouldn’t expect to learn much more if she
stayed longer.
• From my introduction to the internship by my boss, I had understood that I would
have the chance to also work in other departments later on in my internship. So
when after about two months, I actually felt like it was getting repetitive and felt
less satisfied I didn’t feel too worried because I could just ask to maybe spend
some time in another department. However, it turned out that wasn’t possible and
I would basically have to stay in that department since I was needed for my regular
tasks and could only visit other departments for a day once in a while.
Editor's Notes
Dilemma:-want to express I’m dissatisfied, under-challenged and lack of feed-back-want to make sure I get more out of the internship -don’t want to give a bad impression, esp. since I have to stay in the dept.-don’t want to risk negative evaluation, so better appear to be satisfied-basically want to stay in the company because I like it (reputation, global opportunities, great location…) What to do?
