Toronto SA

Also, the big thing will depend on which group within the 3 large banks you get...

BMO Mining is better than any group at Scotia I think, and from what I was told they are large enough, 20 ppl, so they do their own execution without the M&A group. TD I think its Telecomm (great ppl in the group, I'm friends with a few, they are probably the most reachable bankers I met), with Rogers and Telus as house accounts, that is a solid group, along with their M&A. I'm not sure about Scotia, as they really have fallen hard in the league tables, especially after missing out on BCE when virtually all the other 4 banks got involved (minus NBF in the ordeal). If I'm in your shoes, TD M&A and Telecom = BMO Mining/M&A, anything else I would take TD. Genuity is a bit tough for me, they are a solid shop, but as a personal opinion, I dislike the ppl, they have a huge ego, at least from the ones I met, but good place to start none the less. Ranking wise, I guess TD, BMO,Genuity, Scotia then GMP, depending on the groups.

BCE was run out of NYC. Sure, everyone was "involved", but the real work was done by US BBs in NYC. Scotia did have a bad year though.

If you are a top-performer at any bank-owned dealer or Genuity, and interview well, you won't have trouble switching to PE. Keep in mind that Canadian PE shops are generally quite small. It's not like Edgestone has a class of fifteen associates. You can't predict where you will end up.

BMO metals & mining is a strong group, but I personally would not choose to work in that industry if I knew I wanted PE. You won't deal with sponsors or the type of companies they invest in.

Well I don't think the issue was where it was run out of, with Goldman satelite office here in Toronto being so tiny, you would assume GS and DB, and prob Greenhill were involved from NYC. RBC, BMO, CIBC, TD and RBS were not, but the general statement from it all was that the deal counted on the tables for everyone but Scotia.

In terms of PE experience, I guess BMO mining would prob not be the best as a move directly. I know a girl that went BMO Mining SA, got kicked out of the group, moved to BMO tech, but the experience in mining was enough for her to sell to Toronto CS. So I guess if the goal is to move to a Toronto BB, and then from there a Top MBA then PE, I would probably go that route.

Are you in the industry?. If not, you should probably stop giving advice. I don't think you know what you are talking about.

Getting a free $48 billion transaction on the league tables is absolutely meaningless. Everyone knows how BCE went down. While Scotia had a bad year, it wasn't because they weren't able to take some credit for BCE.

You want to get PE experience pre-mba. It is so much tougher if you don't have that. In general, working at a Canadian bank is better for breaking into Canadian PE because you do more execution work, deal with Canadian sponsors, and the companies they invest in. There are always exceptions to the rule. You also won't necessarily be better off for an MBA coming from a U.S. satellite versus a Canadian bank.