Seeing that there has been some movement within the 2021 Canaccord FT position. Can anyone give insight into (1) if they have received an offer (2) Canaccord as a firm and the respect it receives? Is it a sweatshop?
Seems to be an up-and-coming firm, but still hard to get a read.
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Did you interview?
Yeah I went through the Super Day
How long ago? Group? Any idea when we’ll hear back?
Getting the feeling not a lot of people interviewed for this
Definitely a sweatshop. Extremely lean deal teams with juniors staffed across multiple projects. I know of INTERNS who have worked till 4AM repeatedly (talking at least once a week). I get it IB hours and all, but compared to the other shops its a bit higher. Comp is literally in line with other banks, culture is dry and cut throat. Deal flow however is rampant from what I've heard.
Which location are you referring to? I was a SA in one of their US offices and had a pretty good summer experience. Comp is street, hours were standard banking hours, and the culture was pretty laid back.
Which office were you located out of? NY, Boston, or CA?
I was SA at CG. Not really a sweatshop, but those guys work hard. Interns certainly did not work until 4am, since hours were limited 9-5... Culture is great I felt. Deal flow is rampant, that is true though, a ton of M&A at all times. Boston and NY offices work together on many things it seems. If you are a NY analyst, you could be staffed on a Boston deal with a Boston MD.
Any news of Boston offers?
On
are they sa 2021 done, or is it yet to happen haven't seen any application
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