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When talking about mostly BB, its all group dependent and culture dependent as well. But the general consensus is:

BofA ML > Barclays > UBS

But take into account top groups:

BofA ML: Sponsors, M&A, Healthcare Barclays: P&U, NatRes, HC (and maybe TMT) UBS: LevFin/Sponsors, M&A

Congratulations. Really. You killed recruiting, and you're really fortunate to be able to choose.

 

not even a question. BAML by far. last 2 years have killed league tables (at least 3rd both times depending on which tables you're looking at) and their top groups have placed well (warburg, apollo, cerberus, KKR, kelso, THLee, etc...)

 

in that case i guess i agree with posters above (BAML)

but all 3 are fine, my impression is that the difference is not so big between them write down all pros and cons (including personal impressions etc.) on some sheet and make a call based on that

 

BAML might be higher on the league tables, but I have heard the firm has been over-hiring a lot lately. I know a few analysts there and they tell me they are having trouble with buy-side recruiting because they have not been staffed that much in the first six or so months. Albeit they are not in the top groups listed above, but it is still worth mentioning. BAML is definitely a great bank, but I am unsure what their strategy is going forward by having these insanely large SA classes where every candidate gets a return offer. Definitely diminishes the quality of work and responsibility given. Also heard face-time is pretty big there.

 

I would also say that TMT places into mm or upper mm pe. I know it sounds strange but I've been talking to people in the group for placement day and that's what they told me.

 

Btw, FT conversion rate for BAML is much lower (hoovering around 60% last year according to the interns there I know last summer) for the reasons mentioned above (i.e. over-hiring). Barclays is closer to 90% (also from intern sources and analysts have told me that they gave out offers typically to all, or maybe except for one, out of the 10-20 interns they had depending on the group. Just something to think about.

You crave what you are not. Dude, your perspective on life sucks.
 

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