Canaccord Genuity

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.

 

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. 

 

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.

 

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