RBC Reorganizes Investment Banking in a Play for More Deals

https://www.wsj.com/finance/banking/rbc-reorganiz…

For those without access, they're making some broad changes including a new global heal sitting in NYC. Hopefully this will help them leverage these improvements to win more mandates against their BB peers like GS/MS/JPM and finally become a clear cut above Barclays/Citi/BofA. 

 

RBC will always have an uphill climb of course. First thing they need to do is move offices- all their best people get poached by GS because the office is across the street.

 

Tenetur enim maiores vel. Delectus voluptates doloremque nemo maxime officiis sed et. Iste eos in rem consequatur aliquam velit omnis sit. Quia numquam consequatur adipisci qui ipsum. Minima odit dolores nesciunt minus amet. Quia saepe ex velit velit nihil in culpa. Sint sit in et repellendus quis quidem est sit.

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 (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (150) $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

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...”