Comments (47)

  • Analyst 1 in IB-M&A
Nov 28, 2019

DB as much as people meme it I think in general their groups are on average stronger than the average RBC group and Id say their exits historically (due to RBC's recent rise) have been better.

Wouldn't really bother with the other unless you're really interested in the MM space

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  • Intern in IB - Gen
Nov 28, 2019

RBC for sure

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Nov 28, 2019

RBC NICE

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Nov 28, 2019

RBC fucks

  • Prospect in IB-M&A
Nov 28, 2019

RBC has been going up, DB has been going down... most people can agree on that.

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Nov 28, 2019

RBC bb

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Nov 29, 2019

I think it seems in North America, RBC are a better choice right now.

But how about EMEA, would you say DB has the edge (even with all the restructuring/negative press) and also in APAC?

Nov 29, 2019

Not sure about US. I think DB is doing OK in EMEA and HK. I would choose DB.

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Dec 1, 2019

Thought DB in HK looks to cut their business lines becoming similar of Barclays, no more IPO sponsors (which is the major business in HK IB market). Am I missing something here?

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Dec 3, 2019

LDN: DB >> RBC
FFM: DB >>> RBC

Dec 3, 2019

considering you are a "Hardo from Germany" i will be taking your support for DB with a pinch of salt...

but thanks!

  • Analyst 1 in IB-M&A
Nov 29, 2019

This is not even close, RBC is by far going to be the better bet

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  • Prospect in IB-M&A
Nov 29, 2019

DB if you want to leverage for a FT BB/EB offer. Despite going down, the deal size on average should still be larger than RBC. Just my 2cents

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Nov 29, 2019

could DB still be leveraged? assume the BB/EBs know its not as "prestigious" any more

would this be possible from RBC at all?

  • Analyst 2 in PE - Other
Dec 1, 2019

Honestly, prestige-wise, both firms are about the same at this point, at least in the US. For exit opps, it would depend on which group you end up joining rather than RBC vs DB.

  • Prospect in Other
Nov 29, 2019

DB is going to 0...
RBC

    • 2
Nov 30, 2019

a ton of BSDs have been leaving RBC as of late, still a better firm than DB

What concert costs 45 cents? 50 Cent feat. Nickelback.

  • Analyst 1 in IB-M&A
Nov 30, 2019

Like who? I thought more BSDs from other BBs were joining RBC rather than leaving

  • Analyst 2 in PE - Other
Dec 1, 2019

To answer OP's edited question, take DB if it's EMEA or APAC. While RBC has gotten strong recently in North America, I haven't heard of them as much in other parts of the world.
Either way, congrats on getting the offers.

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Most Helpful
  • Analyst 1 in IB-M&A
Dec 1, 2019

Just to play devil's advocate for a moment, many people in financial services don't keep their thumb on the pulse of "who's up and who's down in the headlines" to the degree undergrads do. If you worked at the top US firms in this industry for many years, you'd likely have known tons of guys from DB and seen them on all sorts of mandates. You'd know that they're going through a rough patch, but there's a lot more history than there is with some canadian bank. Not to say that RBC isn't better experience in some areas (although with a middle market flavor), but I don't think the "you work at DB, you must be totally f*ckd" meme exists in the real world to the degree it does here on this forum.

It's true that a lot of the top performers at DB who could jump did, but in my view there's still good experience to be had there, especially given many of their big legacy relationships (deal activity has been okay this year). No hate on RBC, just wanted to give the other perspective.

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  • Prospect in Other
Dec 1, 2019

How good is DB Sponsors? Would you choose that over RBC M&A?

  • Intern in IB - Gen
Dec 1, 2019

RBC M&A group very easily over DB sponsors.

  • Associate 1 in IB - Ind
Dec 2, 2019

I would also take anything pertaining RBC with a grain of salt when it comes to this forum. There are clearly a ton of guys on WSO from RBC. The posts that mention RBC get tons of comments and everything positive gets SBs, while all criticism goes red instantaneously.

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  • Prospect in Other
Dec 2, 2019

What's your personal take for this? DB Sponsors or RBC M&A

  • Prospect in IB-M&A
Dec 1, 2019

Anyone know how RBC does group placement? Do they have an official sell day??

  • Prospect in IB-M&A
Dec 2, 2019

Oof, you have a rough road ahead buddy. Just flip a coin at this point and forget about private equity.

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  • Prospect in IB-M&A
Dec 2, 2019

Why you gotta be such a dick? I'm sure this kid worked hard to get his offers, quit putting people down.

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  • Prospect in Other
Dec 2, 2019

Obviously he/she was joking...

  • Prospect in IB-M&A
Dec 2, 2019

Who said I was putting people down? OP was asking about exit ops and I just stated the truth. No need to sugar coat things here.

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  • Summer Associate in IB-M&A
Dec 2, 2019

Anyone have any intel on the RBC London cuts? Saw an efinancial article saying 20% of analysts are being fired

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Dec 2, 2019

Not surprised, RBC has never really seen much deal flow in London.

  • Summer Associate in IB-M&A
Dec 2, 2019

Article here. Even first year analysts... that's Brutal

https://news.efinancialcareers.com/uk-en/3002772/r...

Dec 3, 2019

Jefferies poached some of their strong MDs ie in PUI. Still decent shop im MM heavy industries such as HC, Business services - loads of people moving from there to rotschild. M&M is also decent by virtue of their relationships from Canada.

Dec 2, 2019

yes I saw RBC had cut some guys in London but don't think it will affect my decision (for NYC)

Dec 3, 2019

Whatever your decision may be, you are still in a fortunate position. You already got your foot into IB. Just work hard and if you don't like it, it'll give you good chances of getting into more prestigous firms or even PE.

Dec 3, 2019

WSO's COO (Chief Operating Orangutan) | My Linkedin

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Dec 3, 2019

thanks! will be interesting to see the outcome. but I'd also wanna know consensus on HK/LDN as well

do you think they made it because of this thread?!

Dec 3, 2019

i posted the poll after is saw the thread

WSO's COO (Chief Operating Orangutan) | My Linkedin

Dec 3, 2019

Depends on group and city.

  • Prospect in Other
Dec 3, 2019
Comment
Dec 3, 2019