Opinion on RBC REGAL

Based on the most helpful WSO content, RBC's culture and deal flow can vary significantly by group and location. While there isn't specific information on the REGAL (Real Estate, Gaming, and Lodging) team in the NY office, here are some general insights about RBC and its teams:

1. Deal Flow: RBC has been growing its M&A business in the U.S. aggressively, with some teams claiming strong deal flow and competing with mid/low-tier BBs like CS, Citi, and UBS. However, deal flow can be group-specific, so it would be worth confirming with current or former REGAL team members.

2. Culture: RBC's culture has been described as rough in some groups, with a heavy emphasis on facetime. For example, the Calgary office has faced criticism for poor culture, leading to a mass exodus. However, other teams, like NYC M&A, have been noted for having an "unbelievable culture" with slightly above-street compensation.

3. General Notes: RBC's NYC office has been on an upward trajectory in terms of deal flow and reputation. The M&A team, for instance, has been described as growing rapidly and competing well in the market.

For a more accurate picture of the REGAL team specifically, it would be beneficial to network with current analysts or associates in that group. They can provide firsthand insights into the team's dynamics, deal flow, and work environment.

Sources: https://www.wallstreetoasis.com/forum/investment-banking/db-nyc-vs-guggenheim-nyc-vs-rbc-nyc-ma-vs-tph-pwp-houston-for-2019-sa-ft?customgpt=1, RBC Calgary Mass Exodus, Rothschild NYC Groups, NYC IB: UBS vs RBC, KeyBanc Capital Markets - Thoughts?