RBC IBD vs TD for SA!

Hey guys,

I'm choosing between some SA offers and wanted to get some info on RBC IBD. I know they're growing in the US but there's not much info on them.

Wondering how the culture/hours are since it is somewhat of a smaller bank(at least in the US)?

Was just wondering if anyone had any idea was groups are good(in terms of exit opps or how laid back they are) for the NYC office?

Would appreciate if I could talk to someone who works at RBC Capital Markets in NYC, I have a few specific questions that I would rather PM.

Thanks!

EDIT: Just got a TD Offer, any thoughts on RBC v. TD?

7 Comments
 
Best Response
BriefcaseCheck out this PDF re: M&A activity in 2011.

http://www.mergermarket.com/pdf/americas_deal_drivers_fy2011.pdf

RBC appears to be killing it in the MM space. From what I understand, the product verticals at RBC (e.g. M&A, LevFin) are very good.

From the PDF, it also appears that their Energy desk is quite strong.

Thanks for link, didn't realize RBC was doing that well in the MM space.

Anybody else have insight into the culture / hours at the bank?

 

I personally know a few bankers and HR guys at RBC. It really is a solid shop and they are doing very, very well.

Their bonus pool increased and they are certainly not cutting back on pay.

As for culture, from what I hear, they are like a family office where everyone gets along very well. You'll get worked very hard, but they're no sweatshop. They've done some big healthcare deals but if you want to exit to PE, definitely go with their M&A group.

M&A if I remember correctly, work across industry so you'll work on a lot more deals than your fellow peers at an industry group.

 
J.T.Top bank in Canada, and doing well in the US. Did you decide to go with it?

Nope, haven't signed yet, I just got a TD IBD NYC offer so now I'm between RBC and TD?

Any thoughts, I'm leaning towards RBC but both are small in the US. Btw, do you work at RBC?

 

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