RBC Capital Markets Toronto - Top Desks? And some other questions on S&T...

Wondering what the top desks are for RBCCM Toronto? Have some questions about comp too.

12 Comments
 

Don't expect to move, maybe 10-20% of people tops make the lateral. 

Fixed income sales or trading (top shop in Canada, the bread and butter of the floor, best place to move to HF, pick rates or credit avoid anything money markets)
Equity Derivatives sales, trading, or structuring (top shop in Canada, could move to HF's)
DCM (again a top shop in Canada, can be cyclical but highly regarded)
Funding and Liquidity (small desk but has a few super stars the past few years)
 

 

Thank you for the response. So from what I understand, very solid exits from those desks but transitioning internally within RBC from one market to another may not be a cakewalk - that makes sense. With the exits, do they tend to be in Toronto itself or to the buy-side in different markets too (NYC/LON/HK/SG)?

Trying to gauge the type of counterparties that RBC deals with and whether or not it may be more optimal to try to get started in a different market with a wider pool of counterparties beyond the usual pensions/AMs.

 
Most Helpful

Yeah, part of the difficulty on transitioning internally is because there is a 1-2year rotational period, so once you place somewhere you're committing to them. Another reason too is that the canadian offices all focus on CAD products with less international exposure/transferability. Toronto office tends to exit in Toronto, but a few solid people have made the leap to NY as well. 

If you want to end up in Toronto long term RBC Toronto is probably the best place to start your career. 

 

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