BofA M&A NYC vs. LAZ Tech SF

Analyst 2 in IB-M&A

Somewhat surprised to see this response given the general praise of EBs over midtier BBs.

OP two questions I would ask in your positions to make the decision easier

1. Do you have a particular interest in Tech vs generalist corporate finance?

1. What do you want to do in 2 years? Career banker/A2A, PE, MBA, etc

I would think that LAZ is better for the A2A and PE routes if you want to go to PE eventually. BofA if you think you might leave finance and want the brand recognition or are dead set on NY PE or unsure if tech is where you want to focus given current environment. Good luck

I am in SF banking and am familiar with the Laz Tech (SF).

1) Most of the people that filled seats at top tech funds were non-tech NY IB analysts this past cycle. The recruiting process is just much easier given HH preference for NY (especially M&A groups).

2) BoFA NY M&A is better for PE across the board. If this was BoFA coverage, I’d lean Laz.

OP if you want PE I’d 100% go to BoFA M&A NY.

Good luck.

Bad take. NYC BB M&A is probably the best place for PE exits due to geographic location.