I was curious as to what the general consensus on Wall Street is about RBC NY office. This is obviously a pretty big question to answer, but I'm more so interested in:
- Examples of comparable peers
- Analyst comp
- Exit opps
- Any other general comments about reputation
I'd greatly appreciate any insight anyone may have on this, thanks in advance!
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Best Canadian bank on Wall Street, decent exits, sweaty as they try to prove themselves, nowhere near BBs. In Canada, extremely good seat.
By decent exits what sort of funds/companies come to mind?
MM PE is typically the exit just to varying tiers of MM firms. Very few people will get UMM/MF seats, maybe 1 for each analyst class, and at most 2. Pretty good corp dev exits and stuff. It's ultimately still a top tier MM, but not a BB/EB.
Bump
Heard the CFO is hot
Used to work there. Best bank in Canada for whatever that’s worth. Culture is trash, pay is below BBs (unless you are DEI) and exits are decent.
Could you elaborate on the DEI thing and how you lateraled? Salary based off diversity status is crazy lmao
Not salary. Bonuses are heavily skewed towards DEI. If you are LGBT/woman/black/latino/etc. you will be fine from a comp perspective.
To answer your questions:
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