Either you don't work in banking or you're very misinformed. I work at a top MM and in terms of M&A or TMT, I would take Canaccord over Mizuho. Canaccord's deal sizes tend to be in the 100m-500m range with occasional deals in the 1-2b range, but the firm has decent deal flow in terms of tech M&A and TMT ECM. I have a buddy at Mizuho who's been trying to lateral for over 6 months now. According to him, he's not had the chance to work on any M&A deals in the past 2 years. As others have mentioned, Mizuho tends to primarily do debt deals.

I help run the lateral recruitment process for my group, and we would rather hire candidates with decent middle-market M&A experience over candidates with debt-focused deal experience. Although Canaccord is certainly not a sexy brand name, the experience itself is likely much better than the experience at Mizuho.

 

Completely disagree also I’m pretty sure it’s cgc petsky prunier after the merger. Mizuho recruits heavily at my school and I have several friends there. I can promise you one thing you will never see an M&A deal at Mizuho it is purely a dcm/corporate banking role. This is regardless of group. cgc might not be the sexiest name either but I know for a fact that they actually offer real advisory and you would be able to get some kind of mm deal experience.

 

first thought when hearing canaccord was that it was a rare brazilian bird species. Since ive been on this forum for 2+ years and never heard of the firm lol

 

For Mizuho, you should know that this year bonuses were way below the street. People were furious because bank had a really good year. Mass exit from TMT group recently including an MD. Having said that, TMT is one of the best groups in the bank, more deal flow than most groups. Very active in IPOs but not many advisory M&A. Overall, the bank is aggressively pushing towards M&A. It could be a solid M&A place in the future but not this year

 

This is a European perspective, but hopefully still applies.

Prestige: Mizuho is a "lower tier" balance sheet bank. It sits beneath Nomura, HSBC and BNP, alongside and below the INGs and others of this world. CG is a little known boutique to many inside, let alone outside of finance. Therefore, Mizuho is the more prestigious in the traditional sense due to greater establishment with no meaningful differences in selectivity.

Comp: no 1st hand knowledge of either but intuitively both will be weak. Japanese banks are notorious weak payers for sure. Nomura underpay vs. other balance sheet banks even. CG has its own problems and have heard in Europe that bonuses were very weak and thats if you kept your job after the last cycle.

In total, I would decide on other factors than the two above. Like whether you want particularly verticals or specific exits and look from that perspective. For pure banking prestige and lateral potential to better banks, I'd got Mizuho. If you want to go to VC and cover cannabis or something funky and entrepreneurial maybe CG?

 

Basically. This person said it best if you want to do M&A don't go to Mizuho. Plain & simple lol. 

 

Guess another relevant question is if either has seen Comp Increases since the GS 13?

 

Bump. Is CG actually paying insanely well with good WLB? Why I have never heard about this firm yet they have a good MM TMT practice

 

Id nesciunt quas fugiat temporibus quas veritatis. Nobis molestiae ut animi quis consequatur sint ducimus odit. Aut culpa et veritatis perferendis qui nesciunt voluptate.

Molestiae cum consequatur temporibus. Aut iusto ipsa non hic.

Voluptates dolorem eius voluptates quis explicabo quae. Et eveniet velit et quidem at.

 

Tenetur est tempora ut dolorem expedita. Ut quo accusantium eos laborum non. Ipsam mollitia ipsum dolores est nulla.

Exercitationem explicabo nobis facere a tempora maiores et. Odio deleniti placeat rerum itaque laborum. Assumenda a ut perferendis ut iusto sit aut atque. Ut eveniet necessitatibus velit laudantium repellat. Quam ipsa repellat quia est sed accusantium. Rerum magni aliquam facere molestias laboriosam. Sed eum quo labore voluptates porro reiciendis.

Nesciunt ut est tempore sunt voluptatem ipsum. Id libero voluptates quibusdam voluptatem. Et soluta cupiditate expedita qui magnam. Suscipit commodi distinctio temporibus non dolor. Vitae qui est eaque aut et optio. Autem delectus illo in natus facere. Sapiente quod saepe esse architecto voluptatem quidem aut aut.

[Comment removed by mod team]

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”