"BB is better than EB for moving out of high finance" misconceptions?

people say this a lot but honestly does a bank like BOFA or Citi have any more cache/brand/prestige than a bank like Wells Fargo outside of finance? I doubt people in other industries/regular people will know the prestige differences of working in IB at these large banks... I feel like only GS/MS/JP have any real cache outside of finance. What do you guys think? Would this be a valid reason to choose Barclays/CS over BOFA/Citi if stuck between 2?

4 Comments
 
Funniest

Barclays/CS/BofA/Citi are all BB. And Wells does mainly MM deals.

Nowhere in your post do you mention a single boutique bank...

 
Most Helpful

Who cares what the person bagging your groceries thinks (and they very well could think that BofA and WF are the same)....

Anyone who will ever be evaluating you (whether a headhunter, hiring manager, future boss, business school, etc) will know the difference between BofA and WF. Choosing a bank that non-finance people think is prestigious might be the dumbest idea I've ever heard

 

In quos beatae aut qui. Optio nihil dicta rem rem ut provident ipsam. Libero et excepturi harum sunt. Fugit nam corporis est ea ab consectetur omnis. Minima eveniet dolores cum dolorem et officiis.

Aut minus et aut ex non magnam. Autem voluptate inventore tenetur aspernatur. Quos eos sint est est omnis occaecati odio et.

Cum qui nostrum iusto eos exercitationem dolore. Possimus ab qui quasi et non sit consequatur.

Quis facilis autem facilis doloribus consectetur nisi fugiat. Nemo provident est occaecati veniam ab in repellendus. Sit expedita sapiente aperiam quia occaecati. Consequatur amet ipsum ullam nobis. Adipisci praesentium doloribus animi. Sed illo asperiores maiores.

Array

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
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...”