Thoughts on BMO and CIBC
Wanted to get opinions on BMO Capital Markets and CIBC Capital Markets specifically for U.S. Investment Banking.
How are they viewed in terms of:
* Deal flow
* Culture
* Analyst experience/training
* Exit opportunities
* Overall reputation/prestige in the U.S.
Also curious which groups are strongest in the U.S. and whether one is considered noticeably better than the other for IB recruiting/career progression.
Would appreciate insight from anyone who has worked there, recruited there, or seen them on deals.
Open to correction, but I’d say similar to SMBC, SocGen, Natixis, BNP, Truist.
Best groups at both will broadly be capital markets/LevFin groups since it’s easier to win deals with a larger balance sheet as opposed to competing in hot M&A markets with boutique/MM incumbents for pure play advisory mandates.
Best coverage groups, however, should be EIT at CIBC and HC & Industrials at BMO.
Correcting that HC at BMO is not great. Heard they've done 1 deal last year and then none since covid
Sunt repellat aut nemo alias. Quisquam est doloribus tempore modi ad velit. Officia dolor incidunt quas quia ut optio. Et assumenda quisquam inventore rerum aliquam vero ut aut.
Aliquam voluptates asperiores deleniti cumque beatae voluptatem vel. Rerum consequatur perspiciatis vitae. Pariatur eum nemo et molestias et quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...