Lateral Move - MM Coverage or Product

Fortunate to have received two offers as an experienced hire. First offer is established LMM/MM bank (think Stifel/Oppenheimer/RJ) coverage group, while the other is the top 5 Canadian bank (think BMO/Scotiabank/TD) in their newly formed M&A group. Both NYC based. 

Beyond the comp, how would you evaluate the offers? Which one would be better for PE?

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