Rothschild NY vs other MM banks

Intern in IB - Ind

Haven't seen much on Rothschild NYC in recent years. Curious to see how it compares in experience and exit opps vs other middle market banks (RBC, HW, Jefferies, Blair, HL).

Comments (25)

Feb 12, 2020

Don't see them much, but historically have been strong in consumer/food.

  • Prospect in HF - Other
Feb 12, 2020

RBC is a MM?

Feb 12, 2020

RBC falls within an awkward grey area in my opinion. Touted as a bulge bracket because of their balance sheet and lending capabilities but viewed as a middle market platform because of the platform's average transaction size. From the perspective of middle market platforms, RBC may default into lower average transaction size becauase of the platform's perceived inability to compete with the largest bulge bracket advisors in winning the largest mandates, on average. Conversely, middle market platforms focus solely on sub $1 bn transactions without consideration for the largest M&A mandates.

In my opinion, there is an awkward in-between, which necessitates care in discussing buckets or tiers with bankers when recruiting.

    • 2
  • Intern in IB - Gen
Feb 12, 2020

It's not, RBC is a BB at this point.

    • 4
  • Prospect in Other
Feb 12, 2020

DB above RBC?

    • 1
  • Associate 3 in IB-M&A
Feb 13, 2020

A true BB should have a strong presence across all major geographies and products (M&A, ECM/DCM, S&T etc). RBC's presence outside of North America is weak to non-existent

Funniest
Feb 12, 2020

Exit ops include Wall Street Oasis

    • 15
Feb 14, 2020

this comment is underrated

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

Feb 12, 2020

Far above any of the other shops you mentioned.

  • Prospect in Other
Feb 12, 2020

How would you rank RBC in the current environment?

Feb 12, 2020

Rothschild is not far above RBC, Jefferies, and Blair in the US

Array

    • 1
  • Prospect in Other
Feb 12, 2020

Would you say RBC is a MM bank?

Most Helpful
  • Intern in IB - Gen
Feb 12, 2020

Is their RX group still considered to be very reputable with respect to exits and deal flow? Believe they were still high on the RX league tables in 2018 but not sure about last year and there's also the factor that the league tables don't capture out of court restructurings. Would love to hear from people that are in the industry what they think of the group these days.

    • 2
  • Intern in IB - Gen
Feb 14, 2020

Bump

  • Analyst 1 in IB-M&A
Feb 12, 2020

RBC isn't an MM lol. Lower BB on par if not above UBS

    • 4
  • Prospect in Other
Feb 12, 2020

Do you work at RBC?

  • Analyst 1 in IB-M&A
Feb 13, 2020
Comment