IB SA 2025 thread - Canada
Hi everyone, Wanted to start a thread like last years. Feel free to dicuss any Canadian opportunity updates.
Trending Content - Investment Banking Forum
| +239 | Return Rates For Interns Are Falling? | 99 | 2h |
| +131 | UBS Americas IB: The Kids’ Table of Wall Street | 18 | 1h |
| +111 | I am a drunk MD AMA | 39 | 12h |
| +64 | VP Lifestyle at Top BB Coverage Groups | 40 | 1d |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 4d |
| +55 | UBS Offer Day | 23 | 1h |
| +49 | SharePoint makes IB hours HELL | 15 | 3d |
| +39 | WF Return offers | 26 | 2h |
| +34 | No return offer - feeling like a failure is an understatement | 14 | 3h |
| +31 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 3 | 54m |
Career Resources
Bump
Kinda early no?
Yeah Canadian apps won't be out for a month or so afaik
Not banking, but fidelity opened up SA 2025 for ER in toronto… yes maybe a bit early but probably only by a few weeks
Wouldn't it be even further? Globals are dropping in late Feb/Early March (they did session at our school and that's what they said), so I doubt B6 would be any earlier.
RBC SA25 just dropped for Calgary
RBC diversity Award program S25 (Canada) has opened
Still cannot apply. Believe it opens in a few weeks.
Does anyone know when the B6 generally open their applications? I know RBC has posted some but I am wondering the general timeline for the other banks. Thanks!
Around Feb start
Had a coffee at one of the B6 and they said April
Anyone down to make a discord server for Canadian IB recruiting for more fluid communication?
I’m down for this. Any updates?
double any updates
Anybody heard anything from the US banks in Canada?
Talked to one today supposed to be next week or week after
Any update?
Any diversity candidates hear back yet?
For what?
.
Anyone know National diversity timeline?
Bump
Did you hear back?
Any update on the CIBC Advancement Internship?
del
Does it say pending for you too?
Anyone have an idea on TD/Scotia, know RBC is open but who else is following on?
TD dropped Calgary and Vancouver, BMO dropped Calgary, CIBC dropped Vancouver
Are Toronto apps out yet? I applied to a few but haven’t seen the same volume as Vancouver and Calgary.
Scotia I heard from some A&A two weeks
Heard what?
Scotia Vancouver process is starting - group coffee chats were sent out this week.
Anyone heard back from National Bank diversity?
Wondering about this as well
Interested as well.
bump
What's the word
The sentiment (based on chats) appears to be first rounds in 2-4 weeks for globals, but anything from mid march to late april for Big 5 (non diversity). There appears to be a lot of uncertainty on when the ball is going to get rolling.
TD Calgary had first rounds last week pretty sure I goofed tf outta mine and they already sent Superday interviews
ohh do you happen to know when did they send the superday invite? last week they said the updates will be sent out mid late this week
Any updates on when Scotia or CIBC starts diversity hiring?
Anybody heard whether Morgan Stanley Toronto has started their D&I first round interview? And if you know anybody who got the interview
Can confirm they have kicked off.
Can you dm me please, If possible.
Do you know if they have started their regular process yet or is this for D&I only
has anyone heard back from td bridging the gap?
following
It's not rolling so nothing before March 8th no?
Has anyone heard anything?
anyone heard anything?
has anyone heard from jefferies toronto?
They just rolled out R1 emails rn
Any super day updates for Jeff?
Anyone hear back after first rounds from Evercore Toronto
any updates?
any updates on UBS?
Nope — you?
R1 invites are out
What school was this?
Any updates
Does anyone know when regular recruitment will begin in Toronto? Some of the global banks have started their processes but overall haven’t seen much.
Updates on Barclays?
Did you hear anything?
R1 was on Friday
Was this toronto?
Any updates on MS Toronto for non-diverse?
Non D&I info session is tomorrow
is this just an info session or is it a networking thing that's part of the process
Looks like Vancouver is starting across the big 5...any info?
TD first rounds this week
Did they send R1?
bmo and scotia r1s are out
What about R2s?
R1 being the hirevue or after that?
Did anyone hear back from TD Vancouver IB
R1 invites sent yesterday
Anyone hear back from Jefferies TO?
following
Anyone hear back from UBS
bump
Ya offers are out
Does anyone have a sense of Globals Calgary? Like BOFA, Barclays, etc. I heard today they would have some more light to shed on the process but haven't heard anything and don't want to awkwardly bug a contact
Barclays is done.
apart from jeff what first rounds are out for Toronto?
Know for a fact both UBS and Barclays are out, possibly more of the globals too.
Rothschild as well
Just heard from B of A
did anyone hear from canaccord?
Anyone hear from Fort Capital Vancouver?
I thought they closed their process like 2 weeks ago
deleted
del
any updates on goldman?
Friend of mine has Goldman offer in hand already, not sure if for fall 24 or summer 25
location?
is scotia hv selective?
no, it’s part of the application
are most of you applying graduating 2025, 26, or 27
Bro commenting using his actual name lol. Come again next year 2027 kid, this is for 2026
Anyone hear from RBC Toronto summer 2024
Anyone hear back after CIBC Vancouver first round?
yea second rounds were this week, sorry man
anyone hear from BofA Toronto
Bump
1R out
has anyone heard back from Greenhill Toronto yet? The application is closing today
Just to provide a pretty comprehensive update
Jefferies - Offers given
UBS - Offers given
Barclays - SD/Offers (definitely at final round)
MS TO - SD
BofA - 1R out
Greenhill - 1R out
Rothschild - Offers given
Goldman TO - Offers Given
Evercore TO - SD/Offers Given
TD BTG - 1R out
Is fidelity wrapped up?
How many do they take
is it Greenhill toronto?
Yeah Greenhill TO
Any insights on Calgary ones
TD is done, I think the globals are as well. IDK beyond that.
scotia and cibc calgary are all in the middle of interviews rn, will probably finalize this week or early next week
Not too familiar with the Canadian process but trying to help a friend through it. Do the bigger banks give out offers in multiple waves? Are there multiple superdays every few weeks or does it just get done in one shot in Canada? Asking since the UK is usually multiple super days spread across a few weeks/months
Big 5 would be entirely based around getting selected by your school team for interviews, typically not rolling. If you don't have a process with school captains and such I don't exactly know how it works.
How do we know who’s on our school team?
Thanks man, appreciate it. Do you know if it's similar for globals?
Anyone have any idea when Big 5 Toronto will get going?
cibc toronto should open late march early April, and i believe TD toronto is one of the latest and opening mid-late april with interviews running into early may
How do you know about CIBC?
Anyone know if Canadian S&T is also accelerated (i.e. happening now) or is there still some time before recruiting kicks off?
Anyone hear back after TD BTG 1st round?
anyone hear back after BofA first round
No. Wbu? R2 should be out given it's a friday
Yeah, I had just assumed I was rejected at this point
deleted
Moelis has a Toronto office?
Delete
No
According to Moelis's own website this is simply not an office that exists?
Did the Nigerian prince who told you about Moelis Toronto applications also offer you his a share of his fortune?
Iste recusandae vitae sed eos. Consequatur aperiam velit voluptatum quisquam sint labore. Praesentium inventore facere porro quasi animi ex velit. Nulla impedit et pariatur aut aut est dolores animi. Et nihil minima laborum nostrum velit quia. Dicta quae est consequatur ut nihil.
Eveniet aliquam voluptas provident fuga minus vitae alias et. Quia est voluptas aperiam. Earum et delectus omnis quia aliquid. Beatae alias consequatur praesentium magnam et quia.
Quasi ratione consequatur ut voluptatem asperiores voluptatem qui quidem. Iusto quia ipsam fugiat a laborum. Quos sunt velit dignissimos ducimus id aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Earum hic illo corporis illum pariatur ipsam id. Dolores deleniti dolores et officiis ut et quia. Perspiciatis non dolor dolorem accusamus dicta.
Voluptatum nisi excepturi cum qui. Vero rerum odit eos consequatur magnam. Explicabo dolores iusto in aut aspernatur veritatis. Amet molestias error nostrum et voluptatum. Quam in consequuntur consequatur. Est laboriosam velit accusamus nemo sunt.
Voluptas fugiat in facilis velit quidem atque culpa libero. Tempore modi iure corporis vero aut et. Ut dolor iusto veritatis laudantium in aliquam neque nobis.
Ut et totam inventore. Ut explicabo quos ut est reprehenderit sit. Debitis quis consequuntur voluptatum adipisci.
Non ea tempore modi deleniti cupiditate maxime voluptas qui. Reprehenderit atque suscipit beatae sed repudiandae. Modi voluptatem qui minima reprehenderit blanditiis quia.
Iste unde nulla aut explicabo voluptas. Sed vero soluta est dolor quia iure qui dolorum. Natus a quasi rem sit et non. Doloribus cupiditate praesentium quis. Assumenda ipsum voluptatem totam beatae. Dolores incidunt adipisci nisi maiores ullam culpa a ex. Voluptate omnis beatae aliquid et expedita non facilis.
Dolores occaecati quia quis harum voluptatem. Illum quia perspiciatis qui rerum. Quam est iste porro et possimus magni.
Illo enim eum et voluptatem soluta. Voluptatem eveniet et illo qui id quo fuga. Dolore recusandae id quae enim ipsa corporis modi doloribus.
Libero architecto numquam ut omnis accusantium consequatur eum. Voluptatem neque rerum enim sequi ut incidunt ad nemo. Alias quo rerum adipisci. Voluptatibus quia aut consequatur at in eveniet soluta. Sapiente eius autem nobis. Quaerat ut eos vitae quisquam laborum. Enim illum exercitationem labore dicta tempore dolorem.
Repudiandae nesciunt a esse sit. Asperiores et consequatur possimus sed repudiandae ut.
Dolor laborum fugiat explicabo molestiae accusamus inventore nobis odit. Non magnam eos et assumenda nihil magni rem. Quis nesciunt ut mollitia laudantium dolorem. Incidunt ut praesentium excepturi voluptatum blanditiis. Illum temporibus libero vel aut voluptatem aut. Quae impedit consequatur inventore.
Dolores hic dolorem voluptas eum consequatur. Cupiditate pariatur eaque cupiditate ad aut. Esse iure deserunt accusantium qui rem ullam pariatur.
Ut vero rerum voluptate qui voluptatem quidem. Sint omnis eius qui error est. Fugit aut distinctio expedita fuga qui. Corrupti accusantium itaque ut animi velit neque corrupti. Odio asperiores consequatur ab ut id.
Corrupti dolor mollitia voluptate non ea quaerat distinctio. Voluptatibus aspernatur sit possimus et eligendi non. Totam a enim aspernatur sint error molestiae iure repellendus. Ut pariatur iusto quo aut dolores dolorum. Aliquam sed non voluptatum neque officiis libero quis. Et officia aut quos tempore qui nam soluta.
Reiciendis totam non pariatur deleniti. Consequatur id et nulla et sit quia dolor. Et dicta fuga hic consequatur blanditiis.
Omnis aut voluptates exercitationem aspernatur distinctio. Et tempore est dolorem occaecati quibusdam voluptatem ut. Et voluptas cum ea deleniti voluptas. Eum mollitia aut enim error nam est aut. Sequi expedita ab aut consequuntur nihil.
Neque maiores vel amet vero voluptatem. Eos error dicta est alias. Vel velit ut explicabo accusamus. Rem maxime cum qui assumenda perferendis. Ab maxime aut eius voluptas.
Est quo eligendi nesciunt atque. Error voluptates nobis quasi amet. Rerum autem omnis doloremque ad voluptates excepturi.