BAML and Citi Toronto Office

Hi all,

I've searched around, but there doesn't seem to be much information on the site. Does anyone know how big the BAML and Citi team are in Toronto? Also, how is their deal flow (assuming not too much) and exit opps?

 

BAML probably has the biggest (and busiest) BB office in Toronto; I think they're #2 in the Canadian M&A league tables right now. I know some of the analysts have gone to PE at the pension funds (OTPP, CPP etc.) but I haven't heard of anyone going to a US fund recently.

I think Citi Toronto is pretty small.

 
Best Response

Citi Canada mainly does coverage work for all of Canada, not much execution. However, the analysts there are great BAML is probably the busiest BB in Toronto, and has execution capabilities in house. baml's Head of Global Mining/NR and Head of Canadian IB is situated in this office. Led the Shoppers and Loblaws deal (landmark deal in Canada).

Citi's office is pretty new, most of the analyst have stayed or lateraled to other shops. BAML's bankers tend to be lifers, the ones that left have gone on to CPP, OTPP, and Onex. All in all, both are great shops to be in.

 

Ea numquam quia sint fugit est sit. Odit soluta ea placeat dolorum eos explicabo dolorem. Dolorem occaecati nobis at at unde. Inventore vel molestiae sint corrupti cum incidunt. Explicabo non est odit enim totam sit alias qui. Qui eligendi ullam repudiandae repudiandae.

Rerum consequatur aliquam animi praesentium. Cupiditate eligendi quae ratione vel voluptatem. Impedit quod voluptate pariatur quia. Dolore dolorum ab molestiae nihil recusandae vero ab.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
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...”