RBC Comp London

Based on the most helpful WSO content, here is what we know about RBC compensation:

1. General Compensation Insights:

   • RBC's salary is on par with lower-tier Bulge Bracket (BB) banks.
   • There is a notable downside in pay compared to American peers and some European banks like Barclays and Credit Suisse.

2. Specific to London:

   • While the context does not provide specific figures for London, it is mentioned that foreign banks, including Canadian ones like RBC, generally pay lower than their American counterparts.

3. Additional Context:

   • RBC is known to be building a stronger network of clients over time, which might influence future compensation structures.
   • The M&A group at RBC is described as "super sweaty," indicating high work intensity, which might be a factor in compensation considerations.

For precise figures, it might be beneficial to consult more recent or specific threads on WSO or reach out to current employees for the latest information.

Sources: Canadian BBs in the US? Pay structure, Presitge?, RBC Capital Markets.. Real Opinions?, London IBD Associates: hours?, What’s Wrong with RBC?, RBC IBD - What is it and where is this group headed?