Maybe this has been answered but, what is considered “Bank of America” and what is “Bank of America Merrill Lynch”?? I’ve seen people with the same job and they list different. And is it true Bank of America is dropping ML. firm wide except for WM?
| +164 | Evercore > Goldman and I don’t think it’s particularly close anymore | 58 | 3h |
| +152 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 11h |
| +124 | I am a drunk MD AMA | 40 | 1d |
| +86 | UBS Offer Day | 30 | 1d |
| +75 | Santander IB? | 10 | 3d |
| +71 | I hate Wells Fargo | 19 | 15h |
| +51 | No return offer - feeling like a failure is an understatement | 20 | 2h |
| +50 | Think Twice before Recruiting for HOUSTON IB!! | 17 | 28m |
| +45 | How cooked am I as an incoming WF IB SA 2027? | 17 | 5h |
| +43 | WF Return offers | 28 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
BOFA is the consumer arm and BAML is the more prestigious arm. So, if you're IB analyst at BOFA then you're deemed as less prestigious, they only cover IB for consumer products. Now, if you're IB analyst at BAML you get all of the best exit. It's like the holy grail of IB. You will get all the MF exits and you're on a fast track to MD. So, when you interview make sure you mention and demonstrate that you're BAML material and not BOFA.
They didn't drop the ML name, it's just not publicized any more. People internally need to know whether you're BOA or BAML material. If you're a BSD then you can use the BAML name. If you're bottom bucket analyst then all of your pitchbook will be in the BOA name
Hope that helps man.
Haha too gold this
They're rebranding BAML as BofA Securities according to my friend that works there
Dolorem quia aut nemo. Quis est magnam minus veritatis at minus. Et nisi ea ratione illum ea accusamus sit. Dolor atque dolorum in corporis. Et magni qui alias quia explicabo et.
Dolor aperiam mollitia qui unde aut quaerat minus. Qui non consectetur cupiditate magni. Sequi veritatis omnis maiores. Repellat animi voluptatem minus.
Et dolor consequatur labore error placeat assumenda sint consequuntur. Autem officia asperiores et reprehenderit. Possimus fuga corporis temporibus in. Occaecati saepe quia ut ullam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...