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Based on the most helpful WSO content, the culture at RBC's M&A team seems to be a mixed bag. While RBC has been making a strong push in M&A, leveraging its balance sheet and aiming for lead advisory roles, the culture is often described as "rough" and "super facetime heavy." This aligns with broader feedback about RBC's culture in general, particularly in the U.S. However, the M&A team in NYC is considered solid, with good exit opportunities, especially for those targeting private equity or hedge funds.

When compared to other groups like Power, Utilities, and Infrastructure (P&U), the M&A team might have a more intense work environment. The P&U group at RBC is highly regarded for its deal flow and strong reputation in the sector, particularly in Calgary and NYC. However, the P&U culture might also lean towards being demanding, given the nature of the work and the long hours.

Real Estate at RBC hasn't been specifically highlighted in the context provided, but generally, the culture across RBC's teams seems to vary significantly depending on the group and location. Networking and speaking directly with team members during recruiting would be the best way to gauge the specific culture of the M&A team versus others.

Sources: https://www.wallstreetoasis.com/forum/investment-banking/ib-pu-vs-infra-project-finance-teams-for-infra-pe-recruiting?customgpt=1, Top Power/Utilities/Renewables Coverage Groups, RBC NYC M&A vs. Moelis SF Generalist, 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, Please Help Me Understand Corp. Finance / M&A at the Big 4

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