18 Comments
 
Best Response

Since no one's giving RBC the credit it deserves, I guess I'll throw in my 2 cents here. I'm not saying you should pick RBC over the others (you should def go for Evercore for all the reasons above among others), but there's a lot of good things to say about the firm. Arguably one of (if not THE) the fastest growing IBs in the Americas, gained market share while others were falling/flat, and now have established a strong, rapidly growing presence ranking around the top 15 range in league tables. They're also aggressively hiring from bulge brackets really looking to build their presence.

I've also met many people at RBC across various groups and they have awesome people everywhere, don't complain about hours at all and really enjoy working hard and playing hard with their colleagues/co-workers. Third year analyst offers are given frequently and many stay on as associates. If you want to go to a bank with a great momentum and a strong brand name, RBC is a fantastic choice. Obvious downsides - not very good placement, still more debt over equity or M&A (though that's starting to change), and still somewhat lacks the resources of a true bulge bracket (but this is slowly starting to change as well).

So given all that, here's my personal opinion. I'm especially not fond of restructuring because I think it's cooling down and you could have a more broad range of learning experiences in a traditional coverage/product group...

Evercore > RBC > Rothschild > HL or maybe... Evercore > Rothschild > RBC > HL

Disclaimer: I do NOT work in RBC Capital Markets

 

You're nuts. RBC recently let go a couple of people at the junior level. It's got a nice culture and strong presence in Canada but this isn't what the OP is probably looking for.

When you talk about prestige or exits in NYC:

In terms of M&A: Evercore >>>> Rothschild > HL > RBC.

In terms of RX

HL > Rothschild >> Evercore (although admittedly, I hear HL's RX deal flow has been weak in the past year)

 

Incidunt molestiae voluptatum sunt suscipit et debitis suscipit. Tempora pariatur aut consequatur nisi id odio aliquid cum. Placeat dicta et odio ea.

Nostrum qui voluptatem iure distinctio velit est repellendus. Aperiam omnis et dicta necessitatibus laudantium omnis ipsam delectus. Ab laudantium labore error et debitis ea.

Career Advancement Opportunities

May 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

May 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”