Deutsche Bank vs RBC
Fortunately received offers from the above for SA 2020 in IBD. Which is best and why? Mainly thinking about prestige, salary, exit ops
Thanks dudes
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Fortunately received offers from the above for SA 2020 in IBD. Which is best and why? Mainly thinking about prestige, salary, exit ops
Thanks dudes
-
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DB as much as people meme it I think in general their groups are on average stronger than the average RBC group and Id say their exits historically (due to RBC’s recent rise) have been better.
Wouldn’t really bother with the other unless you’re really interested in the MM space
RBC for sure
RBC NICE
RBC fucks
RBC has been going up, DB has been going down... most people can agree on that.
RBC bb
I am mainly interested in the US but any intel for other users in HK could be useful too
Not sure about US. I think DB is doing OK in EMEA and HK. I would choose DB.
Thought DB in HK looks to cut their business lines becoming similar of Barclays, no more IPO sponsors (which is the major business in HK IB market). Am I missing something here?
LDN: DB >> RBC FFM: DB >>> RBC
considering you are a "Hardo from Germany" i will be taking your support for DB with a pinch of salt...
but thanks!
This is not even close, RBC is by far going to be the better bet
DB if you want to leverage for a FT BB/EB offer. Despite going down, the deal size on average should still be larger than RBC. Just my 2cents
could DB still be leveraged? assume the BB/EBs know its not as "prestigious" any more
would this be possible from RBC at all?
Honestly, prestige-wise, both firms are about the same at this point, at least in the US. For exit opps, it would depend on which group you end up joining rather than RBC vs DB.
DB is going to 0... RBC
a ton of BSDs have been leaving RBC as of late, still a better firm than DB
Like who? I thought more BSDs from other BBs were joining RBC rather than leaving
To answer OP's edited question, take DB if it's EMEA or APAC. While RBC has gotten strong recently in North America, I haven't heard of them as much in other parts of the world. Either way, congrats on getting the offers.
Just to play devil's advocate for a moment, many people in financial services don't keep their thumb on the pulse of "who's up and who's down in the headlines" to the degree undergrads do. If you worked at the top US firms in this industry for many years, you'd likely have known tons of guys from DB and seen them on all sorts of mandates. You'd know that they're going through a rough patch, but there's a lot more history than there is with some canadian bank. Not to say that RBC isn't better experience in some areas (although with a middle market flavor), but I don't think the "you work at DB, you must be totally f*ckd" meme exists in the real world to the degree it does here on this forum.
It's true that a lot of the top performers at DB who could jump did, but in my view there's still good experience to be had there, especially given many of their big legacy relationships (deal activity has been okay this year). No hate on RBC, just wanted to give the other perspective.
How good is DB Sponsors? Would you choose that over RBC M&A?
RBC M&A group very easily over DB sponsors.
I would also take anything pertaining RBC with a grain of salt when it comes to this forum. There are clearly a ton of guys on WSO from RBC. The posts that mention RBC get tons of comments and everything positive gets SBs, while all criticism goes red instantaneously.
What's your personal take for this? DB Sponsors or RBC M&A
Anyone know how RBC does group placement? Do they have an official sell day??
Oof, you have a rough road ahead buddy. Just flip a coin at this point and forget about private equity.
Why you gotta be such a dick? I'm sure this kid worked hard to get his offers, quit putting people down.
Obviously he/she was joking...
Who said I was putting people down? OP was asking about exit ops and I just stated the truth. No need to sugar coat things here.
Anyone have any intel on the RBC London cuts? Saw an efinancial article saying 20% of analysts are being fired
Not surprised, RBC has never really seen much deal flow in London.
Article here. Even first year analysts... that’s Brutal
https://news.efinancialcareers.com/uk-en/3002772/rbc-investment-banking…
Jefferies poached some of their strong MDs ie in PUI. Still decent shop im MM heavy industries such as HC, Business services - loads of people moving from there to rotschild. M&M is also decent by virtue of their relationships from Canada.
yes I saw RBC had cut some guys in London but don't think it will affect my decision (for NYC)
Whatever your decision may be, you are still in a fortunate position. You already got your foot into IB. Just work hard and if you don't like it, it'll give you good chances of getting into more prestigous firms or even PE.
@DorsiaAt9" see https://www.facebook.com/WallStreetOasis/posts/10159292400152516
thanks! will be interesting to see the outcome.
do you think they made it because of this thread?!
i posted the poll after is saw the thread
Depends on group and city.
DB Sponsors and RBC M&A
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