Canadian Banks vs BNP/HSBC/SocGen

Looking to potentially lateral from a smaller mid market shop, curious what the general thoughts and consensus among the Canadian banks compared to European banks like BNP are? Any preference in terms of deal flow/comp/exits, obviously know RBC is much better but how about the rest of the Canadian banks? Any help would be appreciated thanks in advance!

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Assume this is in New York or the US, I’d go with the Canadian banks tbh. Haven’t heard many good things about BNP in the US, I’m sure they are fine in Europe but at least from what I’ve seen comp is subpar and not sure if decent exits are even existent? Will likely have a much better experience at any of the Canadians

 

Are CIBC/Scotia really on the same level as BNP or HSBC? Thought they were a lot better, not to the same level as RBC/TD/BMO but still better comp, exits and overall experience

 

Associate 1 in IB-M&A

Are CIBC/Scotia really on the same level as BNP or HSBC? Thought they were a lot better, not to the same level as RBC/TD/BMO but still better comp, exits and overall experience

I think that would vary sector by sector.  I see CIBC, Scotia, BNP, SocGen in the same kind of dent bookrunner (but typically not lead) roles on various transactions in my sector.  HSBC not so much - any Canadian bank incl National is probably going to give you better reps because at least National executes on M&A in Canada.

 

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