What is the best culture and WLB group at RBC?
What is the best culture and WLB group at RBC? They seem to be growing very fast over the past few years.
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Based on the most helpful WSO content, RBC's culture and work-life balance (WLB) vary significantly by group and location. While RBC is recognized as a growing platform with a solid reputation, the culture in some groups, particularly in Calgary, has been criticized for being rough, with long hours and high expectations. RBC Calgary, for instance, has faced a "mass exodus" due to poor culture and declining oil and gas (O&G) opportunities.
On the other hand, RBC is described as "extremely chill" and close-knit in some contexts, with a family-like atmosphere. However, this perception may depend on the specific group or office. For example, the Power & Utilities, M&A, and Industrials groups are noted for their strong deal flow and exit opportunities, but there isn't specific information about their culture or WLB.
If you're looking for a group with better culture and WLB, it might be worth exploring RBC offices or groups outside of Calgary, as the Calgary office has received mixed reviews.
Sources: PWP NY Groups, How is RBC viewed on the street? Seeking for objective views., RBC Calgary Mass Exodus, Banks with best cultures, Citibank in Calgary?
Definitely not FIG. Worst culture ever from top to bottom.
What’s bad about FIG?
A lot of departures, no deal flows, seniors demanding a lot, no training, so essentially you are putting in a lot of horrible hours for nothing to gain. Only people who were able to lateral are the laterals which tell you something.
Hey can I DM for more info regarding FIG IB? Thanks!
Interested
I heard Toronto M&M is goated!
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The best culture and WLB groups are generally the same across every bank from my experience... it’s more based on the clients and dynamics of the industry. C&R, FSG, TMT typically less sweaty and good culture. FIG, P&U, industrials typically sweatier
TMT is actually generally sweaty across bank. Lots of companies to cover + working WC hours if you're EC.
Yeah but RBC TMT in Toronto is amazing culture
FIG is not a real group at RBC. There’s barely any M&A in both insurance and banks so you would be stuck doing a lot of DCM memos. FYI the banks team recently fell apart so whoever remains might be on the chopping block soon
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