Corporate Banking Competitiveness & Target Schools

For corporate banking (the banks that have CB under the IB umbrella, Citi and BMO for example), do BB banks get more lenient in terms of hiring from non-target schools? Do non-targets have a higher chance getting a CB job compared to IB, or are the chances the same? With a ton of networking and a higher GPA from a non-target school, would I be able to get a job in CB in the future? Thanks in advance!

 
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I think Bank of America classifies it was “Corporate & Investment Banking” (GCIB), so in that case it would be under one umbrella. However, that’s not always the case for all banks. Bank of the West does all of its Resolvers, Term Loans, Credit agreements separately from BNP. It’s only if they need Capital Markets or M&A capabilities where they’ll bring in the IB group from BNP to pitch to the client. The senior bankers from Bank of the West and BNP will work closely together but as much at the junior level.

For job opportunities, you’ll probably have to look at Bank of the West’s website for the application.

 

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