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Based on the most helpful WSO content, BMO's Metals & Mining group has faced challenges in recent years. The group reportedly lost some heavyweight MDs, which impacted its performance and revenue. Additionally, there have been mentions of a "sweatshop culture" within the group, suggesting demanding hours and a tough work environment. However, culture and hours can vary significantly depending on the specific team and management.

When comparing BMO to other Canadian banks like CIBC and RBC in the mining sector, there isn't a direct comparison in the context provided. However, for those interested in the mining sector, it's worth noting that culture and deal flow can differ across banks and groups. It might be helpful to network with current employees or alumni to get a clearer picture of the current state of these groups.

Sources: State of BMO in 2020, Citibank in Calgary?, Investment Banking Hours - What to Expect?, Investment Banking Hours - What to Expect?, Information on BofA FIG

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Really good culture, hours, and exits. I’ve heard they’re such a nice team they have infinite postings at the analyst and associate level because they want to give bankers the experience of working on one of the best teams in the street, even if it means they overhire. Would recommend applying!

 

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