What are the top investment banking groups in Toronto and how large are teams? I've heard that Canadian banks generally do better in Canada than globals and that most global offices are generally pretty small and deals are run out of their NY offices. Is this generally true?
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The big banks that do IB banking Canada are: RBC (best bank) BMO (gets the good mining deals) CIBC (good M&A) BNS(ok) TD(ehh)
All the US banks have tiny teams(1 or 2 MDs) here and do not get good deal flow, the mostly help out with Canadian banks.
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