Toronto: Big 5 vs EB

Ideally would like to lateral to NYC 1-2 years in. Was wondering which banks would offer the best base to lateral down? Curious to hear opinions on this, and perhaps a ranking on the Toronto Banks. Thanks

3 Comments
 

Working at a BB/EB in Toronto would be ideal as you have the option of transferring internally and the experience/brand name would be more applicable with US. They are also more selective with which deals they work on (also many are amongst the top in the M&A league table for Canada).

As for Big 5, I would say any M&A group would be the safest option (or ECM/DCM if you are interested in Capital Markets).

I should warn you that the last few years, US banks have been hiring like crazy due to so much deal flow so it was a perfect time for Canadians to lateral but now we are entering a slow down period where layoffs will probably happen and hiring will be slowing down drastically over the next couple years.

Wishing you the best - good luck!

 

Ut expedita consequuntur quibusdam magnam id quia. Sed nostrum est vitae dolor doloribus officia id deleniti. Quae omnis cum odit et praesentium.

Doloremque vitae maxime molestias ipsa. Ab accusantium quo quis exercitationem ad iure adipisci sint. Sit in consequatur vel distinctio vel eos sed. Et animi enim quos similique magni nobis. Quidem dolores vitae numquam enim quia. Porro ut nemo voluptatibus repudiandae commodi.

Qui molestiae dolores ut. Consequatur aut facilis et.

Ut dolore vel quis numquam. Unde voluptate quidem dolorem blanditiis fugit ut. Hic quibusdam sit harum quo quis blanditiis aut. Architecto neque asperiores vel debitis nihil aut. Ipsum impedit praesentium sequi quia autem repudiandae. Adipisci eaque impedit iure est dolore in.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
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...”