GS Cross Markets vs RBC
Hey, I go to a target school and have offers from RBC and GS cross markets. I would love people’s insights on what would be a better offer to take in terms of exits, experience, deal flow, hours, and prestige. I have strong connections in RBC industrials so I could probably land that. Overall, which offer would people take here and why?
Would probs take RBC. GS cross markets does MM in GS. I think it's def growing but RBC is more established for pe recruiting. You will also probs get exposure to much bigger deals since their industrials group is very solid and has been on some good deals. GS brand name is hard to pass by but I feel like for the aforementioned factors RBC is the move
GS cross markets. Insane deal flow and generates sizable portion of revenue for GS IBD. There's a strong emphasis on growing the team by GS leadership so you get a lot of exposure. Exits are strong as well, as the 2nd years who exited this summer went to very reputable shops.
Why is this getting MS lol? Insane to think people would take RBC over GS cross markets...
RBC interns really gotta try to keep their image up huh
RBC interns are the loudest on WSO for whatever reason. They almost succeeded in convincing people that they’re not MM.
GS name carries more weight, but cross-markets is similar to ECM / DCM in terms of exits in that it's hard to move to PE / HF - you'd have to lateral to a coverage group first. So my personal thought process is as follows: GS Classics > RBC > GS Financing / Cross Markets group
This must be a troll. Where did you come up with the idea that GS Cross Markets is similar to ECM / DCM? And you do know that GS Cross Markets is part of Classic IB at GS and is a coverage group? I think you're confusing the cross markets name with a markets based IB role. The groups couldn't be further apart. GS Cross Markets does M&A and LBOs for companies in the MM / UMM space, specifically $500m - $2b in value. The vast majority of work in the group is done with MM and MF private equity firms. The group at GS that handled M&A deals with financial sponsors has been wrapped into this group as well.
Sure, the average analyst from GS CMG might not be heading to BX, but they certainly are competitive in the UMM / MM space.
Would personally rank GS CMG above RBC, as the firms are no where near each other in terms of prestige, and in the cross markets group you would be working directly on buy / sell side deals with private equity firms. Especially when it comes to exits, there will be many more opportunities to exit to PE from GS compared to RBC, especially considering how early recruiting is now.
This thread is so misinformed. GS cross markets is similar to the classic groups. In no way is RBC even close in this conversation.....
RBC easily, not sure why theres some posters in here sucking GS' cock. It's big boy IB vs MM.
I guess the only case for GS cross markets is if you wanna pivot to something completely non business related, especially abroad.
"Big boy IB" lmao RBC isn't even a BB...
Good luck on working on shitty lower middle market deals at RBC that the actual BBs pass on everyday... Have fun exiting to bumfuck capital partners
I don't work at RBC bro idgaf. You are triggered about dick measuring banks, enjoy ur miserable life where WSO validation is the only joy u have
This thread rly shows how WSO is run by RBC interns. It’s a MM bank with shitty conversion rates, it’s nowhere to be seen in the league tables, and is not a BB by any measure.
Goldman no brainer here, but I’ll be expecting MS from the RBC army
lol, except no-one cares enough that they actually make their USERNAME about some bank - your whole existence around here revolves around a bank that dinged you, whereas for other it's just a passing meme.