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Bank of America
 

BofA ML Sophomore programs

swingingfromthechandeliers's picture
 
Points)
 on 4/15/13 at 2:52pm

Freshman, non-target.

I looked at the programs for sophomores at a bunch of BB's. I really like the ML one because its both S&T and IB (although I want to go into S&T/ER). Does anyone have any idea of how these programs work and what they are like? The description on the website is very broad and doesn't give me any idea of what an intern actually does.

I have heard they are for more "diverse" groups of applicants (which I am not.)

Also, anyone who has done it, what were the interviews like?

Bank of America GWIM US Trust Summer Analyst

nideknil's picture
(Chimp, 3
 
Points)
 on 2/21/13 at 9:56pm

So I got an offer for a summer analyst position with US Trust, BofA GWIM for this summer and was wondering if anyone had any information about the experience. It's in Boston and in the High Net Worth Group within GWIM. Thanks.

BAML Palo Alto Office

welcome2thejungle's picture
IB
(Monkey, 65
 
Points)
 on 2/15/13 at 5:47pm
images.jpg

Has anyone one here worked in (currently or previously) in the BofAML Palo Alto tech office. What is it like? Work pace, culture, deal flow etc...

Thanks!

Hear from BAML NYC Super Day yet?

nontargetPSD92's picture
IB
(Baboon, 156
 
Points)
 on 1/23/13 at 7:57pm

Anybody have a super day at BAML in NYC earlier today and hear back yet?

BofA Operations Management Analyst Program (OMAP) Internship

shadowfx23's picture
O
(Monkey, 55
 
Points)
 on 1/10/13 at 12:38pm

Hey everyone, I just got the chance to vie for a position with Bank of America in their Operations Management Analyst Program (OMAP) Internship for this summer and I'm wondering if anyone has any information on the program in addition to the pay, stuff I'll be working on, etc. I would greatly appreciate any advice!

Market Risk Analyst Program at BofA

Boozaka207's picture
(Monkey, 36
 
Points)
 on 1/9/13 at 11:42pm

Hey Guys

I was hoping if anybody could shed some light on this program. Its part of the Global Markets Risk group. The website barely has any information on it. I'm pretty interested in it but I dont have a quant background.

List of BofAML targets

idontwearglasses's picture
(Baboon, 122
 
Points)
 on 1/4/13 at 1:02pm
Screen Shot 2013-01-04 at 1.13.22 PM.png

HR from BAML sent me an email asking me to fill out this form. This is core schools that baml recruits at where they hire people through OCR. Thought it would be of help to someone....

SA Offers - Deutsche Bank vs Bank of America

mknight's picture
 
Points)
 on 12/15/12 at 8:38am

I have 2 summer internship (London) offers for the IB divisions at DB and BAML and would really appreciate some advice.

I really liked DB's culture and the way they go about their business, the division has a great team of people. They seemed very supportive and they really focus on the personal development of interns/analysts. I also find DB to be more prestigious but that's just purely down to my personal subjective opinion.

Bank of America Careers Question - awful webiste

Dimethyltryptamine's picture
(Baboon, 110
 
Points)
 on 11/3/12 at 9:50am

Guys,

does anyone know how to actually apply for any summer intersnhip position on the BAC website? I am talking about Americas zone, the website works well for EMEA and APAC.

http://campus.bankofamerica.com/americas-applicati...

it looks like every time you click on apply, you get redirected to some shit page..

No clue what to do. Postings should be there as of 01.11.2012...

Thanks!

Bank of America Job Posting | S&T |

NikitaN's picture
O
(Baboon, 167
 
Points)
 on 11/1/12 at 12:27pm

Recently saw this job posting at BoA ML. Its for 2013 Global Sales & Trading Analyst Program. All is fine, except the job description at the end:

Hours Per Week:40.00
Full / Part-time: Fulltime
Shift: 1st Shift

Though it was funny :)

http://careers.bankofamerica.com/JobDetails.aspx?S...

BOA FMAP Interview

thisguy646's picture
(Chimp, 7
 
Points)
 on 9/24/12 at 11:57am

I have an interview for Bank of America's Finance Management Associate PRogram (FMAP) this week. Can anyone tell me what to expect, what the interview will be like, what the position entails or anything other useful information.

Any advice would be greatly appreciated!

Share your 2007-2008 story

kyleyboy's picture
HF
(Gorilla, 740
 
Points)
 on 8/9/12 at 1:47pm

Hey guys,

I've been curious about what it was actually like to work for Lehman Brothers and Bear and Wachovia and I-Banks in general during the financial crisis. Anyone that worked at these places or knew people that were there willing to share their story and tell us a little about what it was like?
Did any of you guys see this crisis coming, did you lose a job and how did you get back into the game?
Thanks in advance.

Homeowners Get Screwed Again

hdavid57's picture
O
 
Points)
 on 5/20/12 at 6:11pm
home.jpg

Homeowners can never win. The latest news is that the money from the mortgage settlement, the agreement made in good faith between the government of the United States and five of the largest lending institutions in the United States, instead of going to homeowners, is being diverted for other things. As the New York Times reported on May 16, 2012:

[quote] Hundreds of millions of dollars meant to provide a little relief to the nation’s struggling homeowners is being diverted to plug state budget gaps.

Baml Transfer

Wenismaster's picture
(Monkey, 34
 
Points)
 on 5/6/12 at 3:02pm

Does anyone have any experience interning at BofA during a summer and then being successfully transferred to a group outside NYC. I'm thinking about asking to be put into the Energy&Power IB group in NYC this summer and wanted to know if it was possible to go back home and start full-time. Anyone know how that works?

BofA group toughts

Wenismaster's picture
(Monkey, 34
 
Points)
 on 5/2/12 at 5:50pm

Trying to decide how I am going to rank groups on my placement request (summer analyst). Whats the word on the exit opps./prestige of particular IB groups.

Senior Sales MD Networking Meeting Fail

gjuneja1's picture
(Chimp, 13
 
Points)
 on 4/16/12 at 9:00am

Well, I wanted to share this story for some time. Thought would finally do it today.

I met a MD from BoA ML, Emerging Markets Rates Sales who came down to my university for an information session. I talked to him about markets (Aug - Sept, when markets were real shit) and managed to impress him. I got his card after the session and later contacted him via email, requesting him an informal meeting over coffee to 'know more about his achievements and the current economic order'. Turns out, he said yes and asked me to drop by a high-end coffee shop on an afternoon.

Did Paulson Get the Last Laugh?

In The Flesh's picture
HF
(Neanderthal, 2,801
 
Points)
 on 3/19/12 at 7:26pm
john paulson.jpg

“Friends don’t let friends go long BAC.” – Eddie Braverman

Well folks, we all thought he was nuts—but here we are, months after John Paulson opened a long position on Bank of America, going all in when it was trading at around $5 per share and a lot of people (including a lot of the simians on this site) were crying foul. Every just KNEW Bank of America was done. Terrible management! Expensive lawsuits! Losses like crazy! Fed stress tests coming up! Forgetting crying foul, most of us were SCREAMING foul. Talk about a contrarian play.

BAC closed today at 9.53 after cracking the double digits during the day. How bout them apples? Mr. Paulson looks set to book a tidy profit for his fund.

"Bank of America: Too Crooked to Fail"

Jayjay12's picture
 
Points)
 on 3/17/12 at 4:10pm

This article is just hilarious.

Bank of America: Too Crooked to Fail

BofA FMAP

mlbbman's picture
 
Points)
 on 2/23/12 at 5:32pm

Has anyone heard back regarding the FMAP program?

BAML Sophomore vs UBS President's Internship

Aphamos's picture
IB
 
Points)
 on 2/15/12 at 10:23pm

Hi all,

I have offers from both of these firms for their sophomore programs and I obviously need to pick one (I'm from a target). Here's a breakdown of each:

UBS President's: Four 2-week rotationals, each in a different area of the investment bank (IBD, S&T, group tech, office of the COO, etc).

BAML Global Banking and Markets: Two 5-week rotationals, 5 weeks in IBD and 5 in S&T.

My questions:

-Which would offer me the best experience?
-Which would look best on the resume?
-Which would offer the best platform/recognition in case I wanted to recruit next year?

Thanks for the help!

Breaking the bank

Romeo00's picture
 
Points)
 on 2/2/12 at 1:38am

This documentary chronicles the BofA and Merill Lynch's merger in the midst of the financial crisis. Extremely well made (as always with PBS)

BofA Slashing Pay

professionalmonkey's picture
PE
 
Points)
 on 1/25/12 at 1:06pm

Bank of America plans to cut Investment Banking comp by around 25% this year.

http://www.bizjournals.com/charlotte/blog/bank_not...

BAML Study Abroad Superday--12/9/11

soccrkid8's picture
(Monkey, 37
 
Points)
 on 12/11/11 at 7:30pm

Hey guys,

I just participated in the study abroad superday for BAML this past Friday. HR said that we would hear back from them by this upcoming Friday about the decision. However, I've heard that BBs often let you know the day of. Has anyone heard back yet? Also, when should I be concerned that I did not get an offer and might be on the waitlist/rejected? Thanks!

Bank of America FMAP

Finance909's picture
(Chimp, 2
 
Points)
 on 10/9/11 at 8:54pm

Does anyone have any information on the Bank of America FMAP, salary, expectations, exit ops, etc?

thanks!

Bank of America IB Offer-- Accept?

in_the_money23's picture
IB
 
Points)
 on 10/9/11 at 5:58pm

Offer from BofA IB, should I be worried about the rest of the business hurting my bonus/job security? Would a boutique be preferable?

Moynihan's Monday

Midas Mulligan Magoo's picture
 
Points)
 on 9/12/11 at 11:25am
s

Happy Monday, monkeys. Today, in the stead of one of my usual rant I thought we'd check in on a live banking public relations event. As of 9 a.m. this morning, Bank of America CEO Brian Moynihan has been answering questions about the future of BofA. The recent free agent departures of two top executives and a $5 billion dollar Buffett boost have done little to change the state of malaise surrounding the quasi Government Sponsored Enterprise. Everyone is on pins and needles and Moynihan's comments left a lot to be desired. I know some of you were either in attendance or at least in the building, so if you know anything more than what's provided in the link, please do share the sordid and scandalous with us.

Is Bank of Amurica! safe or was Buffett a temporary fix?

sharks9022's picture
O
(Baboon, 116
 
Points)
 on 8/31/11 at 11:32pm
Amurica.jpg

What do you guys think?

Homeowner Foreclosures on Bank of America (Yes, You Heard That Right)

Mr.Machina's picture
ER
 
Points)
 on 8/9/11 at 5:23pm
BoA Billboard

Hey guys, check out this news story:

http://www.digtriad.com/news/watercooler/article/1...

"In a modern-day evocation of David’s slingshot triumph over Goliath, a couple of foreclosed homeowners in Naples, Florida reportedly foreclosed on a Bank of America branch last week, their attorney actually having moving trucks pull up in front of a Naples branch to execute a foreclosure judgment against the bank"

BAC is a god damn steal right now

bullbythehorns's picture
O
 
Points)
 on 7/21/11 at 11:47pm
BrianMoynihanBig.jpg

BAC rallied considerably today but does any one else share the sentiment that its a steal right now? Even at $10? The stock has just gotten beaten to high hell with the legacy mortgage issues they inherited with countrywide. I personally think that although they settled for around 8.5 billion, they handled the situation relatively well. Moynihan inherited a pot of shit when Ken Lewis went on a spending spree starting in 06 with us trust, countrywide, Merrill. Throw in basel regulations on capital requirements (which they will have no problem meeting) and there has been nothing but shit sentiment on BAC. The stock is still trading at half of its BV per share and i think its severely undervalued...anyone else agree or am i raving lunatic

BofA to Settle for $8.5 Billion

Midas Mulligan Magoo's picture
 
Points)
 on 6/30/11 at 12:00pm
panda

We all remember those cartoons we watched as kids. There would always be a scene that exemplified the tip of the iceberg. Usually some clown would holler in a mountain range causing an avalanche or something to that effect. The comedic high jinks which ensued were both entertaining and note worthy. We learned a lesson and we had a good time learning it.

I wonder if it will be so with the banking industry? With news surfacing that Bank of America is preparing to pay $8.5 billion in damages relating to MBS sales, the iceberg may tip, flip and flood all of Wall Street in a very short amount of time.