CIBC Industrials vs Capital One M&A SA24?

First tie post, but was wondering if anyone had thoughts on CIBC vs Cap1?

It is a summer analyst 2024 position at CIBC Chicago on the Industrials Team vs the Capital One M&A team

To me, it seems like the Capital One has more long term potential with their acquisitions of Kipps and Triple Tree. Looks like they want to break out their investment banking arm into a separate entity to the commercial banking division. Also, after speaking with the team it seems like you get a lot of responsibility early one. 

However, CIBC has been a Canadian powerhouse for a while know and they are much more well established within the space and can provide full spectrum IBD offerings to global clients while Cap1 works with regional clients. 

Ideally, I am planning to stay at the place I intern at long term for full time and I enjoyed my interviews with both teams a lot. So, I was wondering if anyone had any insights into culture, pay, dealflow, etc. at either firm? 

6 Comments
 

Don’t know a lot about CIBC, but I do know that both of CapOne’s M&A subsidiaries are pretty well versed in their respective spaces. TripleTree gets on some very high profile deals and the deal flow at Kipps is very hot right now. Not to suck off CapOne too much, but they do seem to have a very attractive growth outlook in the IB space.

 

+1 on the deal flow at Kipps. Buddy over there is working around the clock

 

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