BofA vs. BAML
just read a post saying there was a difference in cultures between BofA and BAML. I thought they were two different names for the same firm. Can someone explain the difference if this is true, or was it horse shit?
Good bait
This discussion again...
if you're slinging your friend's uncle's paychecks through the drive through window in the middle of bumfuck nowhere you'll know which one. this is literally the dumbest thread ever. like no one is going to believe that 3/10 meth head from high school if she says she's charlize theron. we. all. know. the difference.
Technically, there is no more BAML. Under the BofA umbrella, there is "Bank of America" and "Bank of America Securities", which is the new BAML. I would imagine that there is a difference in culture at any universal bank, which has both commercial/retail banking and investment banking. BofA is no different. The starkest difference in culture is in IB groups that have original Merrill Lynch senior from pre-2008.
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The real question is why BofA and not just BoA...
To have 4 letters just like BAML duh
And why would we need that additional letter to make four? Because some people will not be able to recognise that BoA is BAML? Who else is it going to be... Like idc but if we are going to be anal about semantics then why not make it efficient lol
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