Currently in PE, but I have several colleagues who used to work in the M&A team at BofA. They both seem to have been extremely happy with their experience. However, they left 5+ years ago.

 

HC has great culture. Most of the team are bofa lifers. Don’t really know about other teams

New head of the team since the summer (analyst to team head at baml). Fromer head left to co-head healthcare at Bain Capital.

Good dealflow too - solid large cap coverage. Very European coverage

Can’t say what SA experience would be like though

 
Most Helpful
kinghamasaki

From Pan European Monkey's post (link here), the best BofA teams in London are M&A, HC, Industrials, NatRes, Sponsors/LevFin

Not sure I agree with that. Used to work there and still have lots of friends who do. Here is my take on the various groups:


NatRes hasn’t been a top group for a while, especially since energy deals have dried up and the bank is generally unsupportive of fossil fuels. P&U dealflow also isn’t great recently but has good exits into infra. Mining has less dealflow but good culture.

Lev Fin is pretty small in London and nowhere near the same level of activity as the US team.

HC has historically been really good - good culture and good dealflow. Smaller team and every intern wanted to work there. However with the head leaving to Bain, who knows how they will be in the future.

Industrials is pretty good but it’s a pretty large team and have heard the culture could be better (not sure if that’s changed).

Consumer/Retail was fairly middle of the road with culture issues.

Heard FIG was brutal.

sponsors is very top heavy and haven’t heard that many great things about working there.

TMT is ok but less tech and more telecom heavy from what I’ve heard.

Don’t know much about REGL.

M&A is probably one of the better teams for exits.

UK team is also pretty good but think it only makes sense if you’re from the UK.

 

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