Trending Content - Investment Banking Forum
| +134 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 24 | 4h |
| +90 | Incompetent and annoying co-intern | 23 | 1d |
| +70 | Getting Laid in IB? | 28 | 3d |
| +67 | Intern keeps sleeping at work - what to tell them | 28 | 1d |
| +56 | Living in greenwich as an analyst? | 12 | 1d |
| +46 | UBS Promotion or Lateral to Boutique? | 9 | 6h |
| +42 | NYC Associate Budget | 14 | 1d |
| +39 | PJT M&A Group Selection 2026 | 5 | 7h |
| +36 | Nauseous every morning for past 3 years in IB, anyone else? | 21 | 2d |
| +36 | Quick Thoughts on CVC AI Sale Process | 7 | 1d |
Career Resources
Based on the most helpful WSO content, here's what you need to know:
Compensation: At the associate level, compensation in Toronto's BB satellite offices is generally aligned with NYC standards, though there may be slight variations. Some BBs, like JPMorgan and Goldman Sachs, might pay $5-10k more during the analyst years, but the divergence becomes more noticeable at the associate level and beyond. U.S.-based BBs typically offer higher compensation compared to Canadian banks, especially as you progress in seniority.
Work-Life Balance (WLB): Work-life balance can vary significantly between groups and banks. Generally:
Mining Teams: Since you're in a mining team, it's worth noting that Toronto is a hub for natural resources and mining. BBs with strong mining teams in Toronto include Barclays and BofA, which are known for their robust deal flow and expertise in this sector. These groups might offer better alignment with your experience and career goals.
Desirability: If you're prioritizing compensation and prestige, Goldman Sachs or Morgan Stanley might be the top picks. For a balance of strong mining expertise and slightly better WLB, Barclays or BofA could be more desirable.
Ultimately, the best choice depends on your career priorities—whether it's maximizing comp, improving WLB, or gaining specific sector expertise.
Sources: Bay Street VS Wall Street Investment Banker, Walk me through the Canadian IB sector, https://www.wallstreetoasis.com/forum/investment-banking/best-ib-groups-in-canada?customgpt=1, Toronto - Boutique Investment Banking Compensation, How good are Scotiabank, CIBC and RBC Mining Groups in Toronto?
Bump
Barc
Esse voluptatem ipsam iusto occaecati. Labore nobis quae iure nesciunt excepturi omnis doloremque.
Voluptates tenetur doloribus voluptates quisquam nostrum quis. Accusamus non dolor pariatur et quod aut aut. Quos doloremque neque iusto enim.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...