*CANADIAN* 2020 Investment Banking Summer Analyst Thread
Hey everyone! With IB SA and full-time recruitment starting up in Canada over these next couple months, lets get the thread going! This is make or break for some of us and a head start for others!
From what I heard: Evercore Toronto, GS Toronto, UBS and JPM Calgary are Open. Morgan Stanley Toronto just closed
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long: the sixteen year old age of consent short: Justin Trudeau
Let's get the ball rolling. This is what I know so far regarding recruitment
TD - Accelerated + diversity has started Citibank - Accelerated recruitment has begun
Has TD started accelerated for FT 2020 as well?
not yet from what i know, however it will start soon as FT usually happens before SA , so be prepped
National Bank is opening sometime in August
Banking, eh?
Had a MS Toronto first round a few days ago. It was pretty brutal and I probably failed.
F
MS Toronto had superdays and offers are out (Have been for like a week).
Yea. I know I didn't get it.
Spoke w Director at Barclays Toronto (alum from non-target) - 3 Toronto positions, 1 Calgary position. Recruitment to ramp up mid-late August apparently, heavy in Ivey recruiting but I was told I'd be included in process. National is sometime in August too, spoke w head recruiter and 3 MDs. 1 associate told me they're adding an aptitude test this year to apps. Speaking w BMO VP in coming week to figure out their schedule for recruitment.
I don't have connections at Scotia, or CIBC. Only ER connections at RBC.
I'd love to hear how recruitment is going for everyone else.
Barclays has started to move - 1st rounds starting btw.
thought it was pushed to september?
Does anyone know what the status is on BAML's recruiting process for Toronto? It doesn't look like their website has Toronto SA apps open but I've received emails saying that the apps are open from my school.
I didn't see anything on their website yet for IB recruitment, i expect something to launch this month. I would assume however that they are probably starting target recruitment very shortly which is why you are getting emails from your school
Right that would make sense. Thing is I thought it was target recruitment, but it was simply a reminder that "Apps are now live, made on rolling basis so apply early!". Problem is that puts me and probably many others in the same boat as you, as it looks like the only apps open are for NYC, Houston, LA, SF and Palo Alto. I'm sure CDN will start soon though!
There are Info Sessions being hosted in Toronto right now.
Not really SA, but wondering if anyone knows the timelines for Winter 2020? Mostly looking at the Big 5.
Also is RBC done for SA in Toronto?
Not really sure for Winter 2020, but my understanding was that Big 5s won't be done until October cause they go to targets in September for OCR. They may have an accelerated process, but I have no knowledge of that at the moment.
RBC Toronto did have an accelerated process for diversity, that might have been what they're referring to
RBC just opened yesterday to everyone. I'm assuming they already did recruiting at targets
BMO accelerated recruiting has started for the associate level. Much of what I have heard from the other Canadian banks is end of August/early September for applications coming out.
BMO investment banking 2020 apps are out, they went out end of july
Following. Only bank thats done so far is MS Toronto, I've heard CS Toronto might be done too but not sure. Big 5 are gonna start moving in early September probably.
Greenhill TO is done for 2020
source?
Can confirm this is true
National Bank went out yesterday to targets
BMO Scotia and National all up for targets
Can confirm at my school as well. Which means RBC TD and CIBC will probably have to move soon too.
TD not doing formal OCR this year. At least for 2020 FT positions, not sure about SA. Only "select candidates" being invited to interview FT.
1
jmsb is definitely a non-target right?
CS Toronto has one spot left, their process was heavily accelerated
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Anyone hear back for UBS Toronto first round?
UBS toronto started recruiting? OCR or did you apply online? target?
Yes they have started. They don't post.
Not sure if first rounds have been sent out but they've been accepting resumes through referrals
bump... has anyone heard back from first rounds yet?
yes, offers were out a couple of weeks ago
Does anyone know if the Canadian banks are taking sophomores as well? I'm from a U.S target, so I don't know if that'll help given I'm Canadian.
if you have the profile you will definitely have a shot. Im not sure if the canadian banks have a specific sophomore SA program like banks in the US have , but i know people that have got internships at canadian banks the summer before junior year
yeah definitely if you have the profile, im not sure if the jmsbgamechanger guy has the profile tho
RBC is posted
Anyone hear from UBS?
Anyone know anything about BAML or Citi?
Idk about Citi Toronto but Citi Calgary has given quite a few first rounds out already. They have a weird process though.
BAML canada applications arent out yet, they have a reception this Wednesday so i think the applications will be out after that. Citi Toronto's apps drop next week, Calgary has given first rounds but then they ghosted everyone? Idk whats happening there tbh
Any idea if Citi Calgary still sending out more 1st rounds? Got my application in after your comment (Aug 11) :(
GS Calgary sent out hirevues, does anyone know about GS Toronto or JPM Calgary?
My buddy's got a GS TO superday this week. Not sure if that's the timeline for everyone in the office or not.
Any info on interview/superday timeline for GS Calgary? I know GS Toronto is pretty much wrapped up now
the guys at GS TO said that Canada-wide, they want to be wrapped up before school starts the first week of September
Good luck to your friend!
BAML Toronto Summer IB was posted on my career website yesterday (semi-target) good luck everyone!
pm me please! what school?
pm also
Taking a guess at wlu
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BAML and RBC are posted on my career site (target). Only B5 that haven't posted are TD and CIBC yet, but CIBC has an info session the first week of school.
CIBC running a soft process for Winter 20 and Summer 20. Sent a resume drop to everyone who came to their on campus summer event. uw/wlu
Yeah I should've updated this, TD and CIBC have since posted on my targets OCR site.
Has anyone finished the questionnaire for National - finishing it later tonight and wondering what the response rate is like for first rounds.
i have a friend who finished it yesterday; didn't hear back anything yet, but they seem to be recruiting earlier this year and it is rolling basis so maybe something soon
Has the friend heard back yet?
What was the questionaire for
I take it you didn't apply - it's first screen in the process.
BAML TO up on my school website few days ago as well. Anybody got info on Calgary offices for Big 5? The
Heard from contacts at some of those banks that interviews won't be until last week of September
Anybody hear back from JPM Calgary (2020 FT) after submitting app and pymetrics?
Pretty sure JPM Calgary isn't recruiting for FT, the posting that's up wont really be used.
Any info on JPM Calgary interview timeline? Posting said they were considering interviews on rolling basis but no one I know has heard back after 2-3 weeks of having sent the application.
CIBC postings are out.
Is it posted on your school portal? Target?
Does this include the Capital Markets Program (IB, S&T and CB)? My school's only posted the Graduate Leadership Development Program and Tech program so far.
My school's post has all those 3, target
They are posted on my school portal, but also available online for anyone to apply to (search for the intern specific workday career site rather than the general one). Includes IB and S&T, as well as a few other postings. Currently attending a semi-target.
Yup, figured it out. Thanks pal! FT isn't up as yet, SA is up. Same, I'm at a semi-target as well
Does anyone know when interviews are going to happen for RBC IB SA 2020 positions?
networking events take place early-mid september so i expect it to happen right after that
Alright thanks a lot for the help man
I am a little confused. How is recruitment already near finishing if On-Campus Recruitment in September has yet to even happen?
Also if anyone has any insight on Scotiabank's recruitment I would greatly appreciate it.
its not near finishing, its just getting started
But what is all this talk about recruitment finishing up? Also I have an additional question: Do I e-mail my contact to forward my resume in advance and then apply online afterward?
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Scotiabank Toronto IBD had first rounds and super days last week, I know one person who's going through the process
full time or SA? accelerated/diversity? i knew scotia is rolling but this seems early even for them
Lets get her going eh bauds, full send at the cotty in muskoka then packing dip sniping chicks down at boots and hearts. You guys got the ronas with lime ready just in time in for some good facking on campus recruitment and superdays
Are postings up for Barclays?
Yes, at least for Calgary
Where do you see the Barclays Calgary posting? Haven't seen/heard anything about it
Does anyone else have a problem with the Citi IBSA link? I've deadass tried to submit this thing ~10x and it won't submit
Hey, was speaking with an analyst and Md at bmo who head up recruiting and they said that majors don’t really matter anymore... is that what other are hearing as well? Find it hard to believe
Yup, talked to an ED there who's part of recruiting and he says that they are more neutral on what you major, really just about skills and experience
Anyone heard from MS Calgary for SA 2020 IBD after hirevue ?
Did you apply online or on campus recruitment? I didn't see a posting for MS Calgary online. Target?
Oh sorry. It's JP Morgan, My mind was occupied. I applied online, Non-target.
Is UBS done hiring for SA 2020 in Canada?
yes
FT BAML updates?
Not yet mate! yet to hear back, applied a couple of weeks ago. What about you?
In the same boat
Does anyone have info on TD and Scotia? If apps are out and what timelines look like
TD and scotia have both launched at my school (semi-target) . pretty sure they are only campus recruitment applications, not "global" postings on their website
has anyone heard back from national bank after completing the survey/screen?
Not yet. Speaking with a VP there, I believe they are waiting until the end of the application period before moving forward.
It’s closed now so hopefully we’ll hear soon
I'm a bit confused about this years National Bank position. It seems in the past they were offering a rotational program, but this year they are actually hiring SA for specific divisions? Or am I not understanding?
usually national recruits in october, but they moved up their SA class. I expect rotational apps to launch later on
Anyone hear back for BAML summer analyst for first round?
Not yet
Which location?
I can't handle the stress of recruitment anymore, so im not going to apply to any banks. Good luck everyone and glad you find this page useful.
I am putting all my eggs in one basket - a firm in Los angeles
cheers
Thanks and good luck
This is a mood
any updates on GS Calgary superday results?
When was your superday and do you go to a target?
27th and target
Any updates on JP Morgan Calgary for SA IBD?
Mine still says under review, august 26th. IDK what's goin on over there.
Mine too
Any updates on TPH Calgary IBD SA 2020?
First rounds early next week!
How do you know for sure? And do you mean this week (week of September 2nd) or next week (week of September 9th)?
Anyone hear back from TPH Calgary?
Has anyone heard from citi for full-time corporate banking
Sure there's a FT Thread no?
Is it typical for SA to come out before FT?
usually the postings will go out at same time , but full time deadlines are quicker and offers are handed out before or at the same time as SA at the latest
Damn, I’ve seen way more SA positions than FT so far
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