Is RBC now a BB?
It looks like they are top of the league tables for financings in the fossil fuel industry, knocking off JPM
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Here we go again....
Nope
Never has been, and Most likely never will be. There are a few sectors where RBC kills it, but most of the mandates are with Upper MM/MM companies. Sure, they would probably be at the top-ish of any financing table, but that is not because they are a BB - its because they are a balance sheet bank.
Heritage Golf tournaments
RBC: 1
“Bulge Brackets”: 0
I’d love to see anyone argue RBC isn’t a bulge bracket
Not really. Certain teams do BB transactions whereas others are very much MM (like Tech). If every team at RBC did the scale of transactions that the PU&I / FIG teams do, then it would be. But those are not the median teams at RBC
Given the comments about RBC above, why are banks like DB still considered bulge brackets?
Considering they sponsor 0 heritage golf tournaments I really don’t know why.
Because they are international not regional
Congrats on RBC! (a BB)
Guys I was joking. The fossil fuel league tables are literally maintained by a SJW group called The Rainforest Action Network lol
Current Rbc employees here. I don’t think anyone care if we’re a bb or not. But we do have top teams that compete with the best on the street.
which teams would you consider to be the top teams at RBC?
FIG, PUI, Rundle, Energy, Project Finance
LOL
See people clown RBC here a lot, some of which is deserved but do y’all know anyone there. There are some groups with incredible wlb, culture and street pay. Not the place for MF gunners for anyone staying in banking should take a look
Do you mind if I PM you about specific rbc groups? Will be joining y'all next summer as an SA.
Honestly why not, right? Why are we gatekeeping it, let the interns be happy, not like it matters anyway.
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