CIBC vs Scotia--S&T in Canada
Which is more reputable? Are there league tables for Canadian banks in Sales and Trading?
Trending Content - Sales and Trading Forum
| +11 | CLT vs NYC Help | 7 | 1d |
| +9 | Full Time Recruitment | 2 | 22h |
| +4 | Book Recommendations? | 2 | 2d |
| +3 | Best major for s&t? | 3 | 5d |
| +3 | What is your firm's compliance policy for PAs? | 1 | 52m |
Career Resources
RBC s tops.
I think CIBC fairs better than Scotia.
^This guy doesn't know what he's talking about.
It really depends on the product/desk, but overall CIBC is better than Scotia. CIBC is actually probably the strongest on the street right now, and they're expanding rapidly (they're opening a second trading floor in brookfield place)
As for your league tables question, one way to measure is through volume/value/market share of trades on the TSX. For OTC products, obviously it's a little bit harder to gauge.
I agree with everything you said.
And yes, it really depends on the product. The only area that I can confidently say Scotia Capital excels in (compared to the other Big 5) is corporate bond trading. This is from speaking with friends who work in that asset class/space.
To the OP: Let us know the product you're interested in / interviewing with, and hopefully we can expand on some stuff.
I have worked with all of the Big 5, and for S&T, I would say:
RBC>TD>>>>Scotia>CIBC = BMO.
Worked with 4 of the 5. People tend to look down on cibc. I think the general perception is this:
scotia tops in corp bonds, td tops in govt bonds and equity options, bmo strong in fx
cibc strong in algo's/equities
rbc is strong across the board...
its totally product dependant
Sorry to bring up an old thread but would you say the above arguments are still relevant . . .
Aut qui nesciunt et et alias aliquam aliquid voluptas. Ea nisi omnis autem magnam repellendus. Error nostrum culpa voluptatem facilis.
Ipsa odit esse occaecati est. Qui dolor dolor dolorem eveniet dolore. Quae explicabo animi exercitationem facilis. Consequatur unde est aut et rerum tempora eveniet.
Rerum sed id ullam voluptatum ullam veritatis sit praesentium. Aut qui voluptate odio id aut dicta. Iste dolores rerum dignissimos aut tempore. Quia eum accusantium iusto nesciunt perferendis tenetur esse.
Nam impedit quam distinctio occaecati mollitia. Adipisci sequi et blanditiis in facere. Nostrum dolor non adipisci cupiditate natus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...