What’s going on with RBC Real estate ??
Heard there’s a staffer grinding kids to quit without having jobs lined up ? Heard of two different cases, apparently guy is a mess and always trying to start fights throughout the ranks
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RBC has characters like that in every group I heard
Heard there have been 2 that quit w/o jobs lined up, absolute sweatshop shitshow…
They’re known as a “nicer” bank but the new staffer is erratic - I heard they sent an analyst to the hospital from exhaustion
Scary stuff…
Also inaction from group head and HR.
I think this is overall RBC problem now, they have issues on their PU&I team, Calgary team.
I assume this is the Property Brokerage team? Or is it the same for the Capital Markets team?
No, it’s the REIT coverage group
Wow shocker, RBC nice isn't a thing. It's all a marketing ploy a bunch of RBC analysts and WSO people brought and continue to propagate. Know other groups like RBC PU&I and M&A are also sweatshops... then again those groups are the top groups at RBC and at least give you a shot at UMM exits while RBC RE isn't a top tier group.
What Canadian RE group is better?
Tbh real estate in general is just toxic. Haven’t met someone who hasn’t had a toxic experience in real estate groups. Just think about it; most real estate agents are assholes, but they’re dumb. Give them a brain and they’re RE investment bankers so they’re not only assholes but they’re smart and psychopathic. The end.
“RBC nice” means people say “sorry” before or after doing the exact same thing another bank would, whether that means grinding you to dust or blowing up your weekend
Actually, the RBC "nice" means you can expense the lube
TO?
Real estate and healthcare are down so bad right now at RBC; it's surprising they haven't fired everyone yet
Healthcare included? What’s the matter over there? Thought there was a healthy amount of follow ons deals
Didn't healthcare just get on the Kroger pharmacy deal yesterday? Or is that more of consumer retail?
When I worked at RBC, the turnover in M&A and HC was ridiculous even by street standards
Is this in the Toronto office?
I work at RBC and can confirm the above
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