Better to work for domestic or foreign bank in Canada in Sales?

Hey everyone, I have two S&T interviews for an Analyst position, and I may receive an offer from both since I'm already acquainted with the hiring managers. I am making a pros and cons list for the two banks, and it would be great if someone with experience, knowledge, or resources could help out!

One is with Scotiabank, and the other is with BNP Paribas. Both are sales roles and are very similar in nature. Obviously, BNP has a smaller team here and is disadvantaged when it comes to competing for CAD deals. Still, it's a much bigger bank overall and only deals with clients that bring in X amount of revenues and are worth going after. As for Scotiabank, I will most likely deal with smaller retail and maybe corporate clients if I'm lucky. It's only a slightly larger team since I'm not in Toronto, but I already know I will get along with everyone since I interned with them a couple of years ago. I feel like BNP may be more reputable and/or offer better benefits since it's a French/bigger bank?

I'm putting a lot of thought into this and every little detail helping me with my list would be very much appreciated. Thank you in advance!

 

Tempora voluptatem dolorem fuga ab quas et. Omnis voluptas quos enim ut culpa esse.

Qui sapiente quo at quidem quidem tempora iure ullam. Voluptas inventore quaerat quia qui dolorem nesciunt nihil. Sunt possimus nihil odit omnis. Voluptates rem recusandae illo quis modi vel nobis. Neque est animi repudiandae expedita iure repellat. Culpa consequatur corporis sed aliquid officia dolor.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”