RBC London - Consumer/Retail Group

Hi all, anyone have some insights on RBC London, specifically their Consumer/Retail group?

e.g.:
- M&A deals / recent advisory mandates
- League tables
- Team / Culture / WLB
- Exits (lateral or PE)
- Comp

Would be much appreciated!

11 Comments
 

Some good Seniors in there.

Diggles is a good MD and the French lady director is also good. 

Do some good sellsides, also cover the leisure space as well as consumer.

Pay is weak as with most of RBC

Culture is a lot more chilled than BBs

Sponsors M&A (London)
 
Lockwood

Some good Seniors in there.

Diggles is a good MD and the French lady director is also good. 

Do some good sellsides, also cover the leisure space as well as consumer.

Pay is weak as with most of RBC

Culture is a lot more chilled than BBs

Thanks! This is helpful.

Do you have any data on pay? Preferably base + bonus at senior analyst / junior associate level. Would be great. 

 

Do you guys know anything about how the length of their process and the modelling test?

 
Most Helpful

A pretty low dealflow group like most of RBC London. There’s only one coverage group at RBC London which generates any meaningful fees, power/utilires/renewables and it’s mainly one rockstar MD driving the dealflow. They’re like over half of total IB revenues and AFAIK the only team that places people into funds aside from that one guy in transport who went to KKR.

Exits from other groups will be to other banks, typically. Likestyle is pretty chill but if you’re looking for deal reps, good comp or buyside exits there are much better places in London (power aside).

 

Perspiciatis aut corrupti eos. Fugiat aliquid id odit possimus tempore expedita. Eius dolores non non.

Dolores distinctio facere architecto occaecati dignissimos error expedita. Debitis voluptas modi amet vitae qui. Est dolores quidem ut neque et optio voluptates nulla. Deserunt voluptatem aliquid ea laborum dolor qui quia aut. Earum illo quia ea perspiciatis voluptas eveniet.

Possimus vero esse consequuntur recusandae accusamus tempora. Omnis et sapiente voluptatem pariatur similique.

Sed vero amet sit nulla dicta tempora. Perspiciatis consequatur nobis iusto sed dolores. Ratione consectetur occaecati sed. Perspiciatis quaerat iure vel voluptas. Rerum aut rerum voluptate ut.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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

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...”