JPM CCBSI vs. RBC DCM

I have a superday for JPM's corporate client banking, and also a DCM interview with a Canadian bank. 

I know I haven't gotten offers yet, but was wondering what your thoughts are suppose I get offers from both? I feel ashamed that I'm saying this, but I don't exactly know what I want to do down the road, so I would want something that would give me most transferable skills and exit opportunities... I was learning towards JPM, but recently realized CCBSI is commercial banking, whereas DCM is still technically front office IB

Thanks! 

Comments (22)

  • Associate 3 in IB-M&A
Oct 26, 2021 - 2:10pm

CCBSI is terrible, period.

Worked there. Not IB. Everyone begging to leave to IB cuz CB is not their ultimate goal. Coworkers were cool though.

  • Prospect in CB
Oct 26, 2021 - 2:32pm

May I ask which part of it was terrible? I heard they get same base salary as IB tho

  • Prospect in CB
Oct 26, 2021 - 2:34pm

Just wondering if it's terrible because you wanted IB so you're biased, or if it's decent for ppl not wanting IB but still front office

Nov 6, 2021 - 1:09pm

It's a good gig. Solid hours, good pay (base 100 was matched). Client facing with 30% IB work and 70% CB work. My directors will pitch M&A once in a while and we hold pen on models as well.

Won't make $mm everyone talks about for IB on this site, but mid to upper six figs is reasonable. No PE exits and less prestige than IB … if you care about that

  • Associate 3 in IB-M&A
Dec 17, 2021 - 11:17pm

RBC, I worked in CCBSI, everyone claims they are in LevFin when we were in corporate banking...

  • Analyst 1 in IB - DCM
Jan 15, 2022 - 3:49am

OP here, decided to join BofA's global capital markets IG loan syndication team. Actually got dinged from JPM after totally failing to answer one (when will enterprise value be negative and why.. i know it's easy but I literally went blank at the moment) out of like 9 technical questions asked by a VP alone. Wasn't a formal interview process and seemed like that VP had the call to choose his own analyst. Didn't bother to look at the offer from RBC because I secured a BofA offer. Hope I made the right decision though.

  • Prospect in IB - Cov
Jan 15, 2022 - 11:16am

Totam ullam eum voluptatem molestias. Et voluptatem aut quis voluptatem non vel deserunt. Quae quo fuga id ea quaerat. Dolorem iste et quo suscipit suscipit. Quod autem dolorum sit labore qui dolores aut. Hic placeat at nemo nihil nesciunt. Error vitae et dolorem error.

Et et esse cupiditate asperiores velit veritatis velit. Deleniti omnis qui odio sed tenetur incidunt. Officiis ut eaque veniam voluptatum. Dignissimos fuga impedit iste in error incidunt.

Start Discussion

Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
  • Vice President (22) $385
  • Associates (147) $240
  • 2nd Year Analyst (85) $153
  • 3rd+ Year Analyst (15) $150
  • 1st Year Analyst (296) $142
  • Intern/Summer Associate (64) $142
  • Intern/Summer Analyst (225) $90