Why is RBC so controversial
Would someone mind explaining why RBC is the most controversial bank of all time on this site? One minute I'm reading that they are an emerging bank and potentially a lower level BB contender in the future. But then the next minute, I'm reading that they are an average middle-market firm with little to no exit opps. Could someone with some actual industry experience shed some light on this topic?
For the last month, there has been some troll operation going on. To be honest, you are probably a part of it too considering you’re the 5th person today to make an entire thread about some RBC thing. Short story is it’s a very high growth shop on the street over the last few years. With an unbeatable culture. A few of the groups are very strong with one or two of them at the top end of the street competing on mandates against GS/JPM/MS. The rest of the groups are underdeveloped and are just beginning to grow. There are few people on this site who have legitimate info to provide. Many are just jealous or here to cause drama. If you are sincere and actually want advice or want to learn more I can PM, but I’m not dealing with the trolls on this site anymore. A shame to all those who actually wanted legitimate help, I may just start my own thing we'll see.
Lmao and this comes from an intern! RBC army is out of control on WSO
Can I PM you if you're anonymous?
It's a good bank that has been rising in the league tables recently. IB reputation tends to be tied to legacy, which is why there is controversy. RBC finished 10th in US M&A league tables last year.
RBC is entirely group dependent. Their FIG, Power, and Real Estate groups are top notch. M&A is also a great group for the experience - all they do is execution, no pitching. Analysts have had strong exits from these groups.
RBC also has very mediocre groups. What's hilarious is when incoming interns who haven't even gotten placed yet shout from the mountaintops about how great RBC when they're going to end up placed into something like Consumer. LOL.
what about the groups for RBC in EMEA?
This is it cheif
what happened to the "RBC Nice" culture!!?? I thought RBC was supposed to be the good guys versus the big wall street boys.....
Because the lower BB's and uprising BB's like to fight, while the Kings (GS/JPM/MS) watch from above and fuel the fire to see them continue fighting. Except from UBS/RBC/DB no one here cares actually.. it is just banter
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