BMO Capital Markets, Chicago vs New York

I know that BMO Capital Markets is a bit unique in the sense that their US investment banking HQ is in Chicago, but their New York office is bigger. I was curious if anybody had any insight on how this impacts firm dynamics: where the MD and partner's are mostly located, where the deals are typically executed out of, and which is generally the stronger office?

 
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Summered at BMO and got an offer and the firm is a shitshow. Stay the hell away if you can.

That said, some groups sit in NY and some in Chicago and group placement takes place after you’ve gotten an offer. I would apply to whatever city has groups you would want to work in. NY takes more interns.

Chicago: Real Estate, Consumer and Retail, commercial banking & loan syndication

NY: Fig, Sponsors, TBS, Power, ECM, healthcare, DCM-IG

Both: M&A, industrials, lev fin

 

Would you be able to elaborate on why it's a shit show?

 

So I imagine you’re not there full-time… Can you elaborate on how you went about recruiting afterward for full-time, and what kind of place you ended up at (and in what city?)

 

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