Just got the interview for this position in APAC. Kind of wondering what exactly Global Corporate Banking is.
It is the sub-group of Global Corporate & Investment Banking at BAML.
According to those description (https://campus.bankofamerica.com/careers/global-c…), I feel it's half consulting + half IBD. Is that true?
| +266 | Looking to raise a Billion Dollar Fund - College Junior | 41 | 32m | |
| +206 | It doesn’t need to be this way | 29 | 1d | |
| +130 | Career Bankers, Was It Worth It? | 41 | 23m | |
| +130 | Biggest gripe in IB: people with no balls | 37 | 1h | |
| +118 | What to expect during your IB summer internship and how to secure the full-time offer | 6 | 1h | |
| +83 | RBC M&A vs PJT RSSG | 14 | 1d | |
| +75 | I FINALLY DID IT, I GOT A FT OFFER! | 14 | 3h | |
| +66 | Vanderbilt ($$$) / Northwestern ($$$) vs UF ($) | 36 | 6m | |
| +63 | Did I mess up by correcting my VP Publicly? | 20 | 1d | |
| +51 | Feeling really lost in IB | 15 | 18h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
No, Corporate Banking manages the banks balance sheet for corporate clients meaning the loanbook. So how much should we lend for a particular client, what price, do we have too much exposure etc. Part of this role includes credit analysis but no you do not do much modeling in the traditional sense despite the description, maybe you'll model a projected repayment profile and do sensitivities on that to determine your pricing but no it is not IB + consulting.
It is more sophisticated commercial banking.
Provident aut qui eius provident. Eum iusto dolorem distinctio est illum. Enim facilis iusto omnis veniam corporis dolores. Deleniti vel et est consequatur omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...