[serious] why do (mostly) bofa employees insist on calling it baml?
was on linkedin today and I came across a few interns all saying they work at baml. didn't they do a name change? Seems like it's all in the mind of recent college graduate that rather say they work at Bank of America Merrill Lynch versus BOA, because they are afraid that people will accidentally mistaken them as working in one of the branches. With that said as toolish as it sounds, I do think branding does have an implicit impact on people's psychology & how people relate to your firm, and it's not for a league tables thing. In New York, telling someone you work at Credit Suisse has a stronger cachet than BOFA because US people associate CS with the "high finance" investment bank and if you say BOFA first assumption is that you open checking accounts & credit cards for a living. . Thoughts?
literally who cares
i personally care about clout good sir
Username checks out
what is even the point of this thread
what is even the point of this comment
BaML has more clout
how can we help kids not be so insecure?
bring back bullying
magically let em see their future paychecks
People that worry about this sucks more dick than the guys that have cringe LinkedIn profiles.
BAML is provocative, it gets the people going.
bank so hard motherfuckers gotta find me
I think it’s just what they’re used to and what they grew up saying. it just recently changed but they know of it as BAML
They wanted to be BofA analysts as soon as they met the friendly clerk at their local BofA branch when they were being potty trained.
Truth be told, I keep referring to it as BAML just to piss off the guy who keeps correcting people in every thread
"No, it's actually BofA"
yeah same hahaha my last comment had like 60 SBs
suck BOFA DEEZ NUTS BUDDY
Prob cuz BOFA deez nuts
opening this thread i really thought this thread was going to be about avoiding the bofa deez nutz joke
People are just used to say BAML. My MD even still says his pitching against ML... yeah he’s that old
I still and always will say baml. "We should hire baml, the vp there takes us to strip clubs"
BAML is a sexier acronym but you’d say Bank of America irl, not that I’ve ever done that tbf
deleted
You mean BoAMLPF&S?
My dad is an MD at a MM financing place that competes against BofA all the time and he’s never referred to them as BAML, always BofA. However, some of his brokerage accounts were opened with ML and we receive monthly statements/prospectuses from ML in the mail that don’t include the Bank of America name whatsoever.
First of all, literally nobody cares what you call it in the real world. I'm on deals with them pretty frequently. I say BAML because it rolls off the tongue, nothing more. "Bee of Ayy" is just a pain to say, and like i said, nobody f*ing cares in the office.
Same reason some people still call the Citi trading operation "Salomon" or a few people refer to PJT as "Blackstone" (have heard both) - either they are 30 year veterans and are referring to a specific group of people they have always called "X", or they are interns who want to impress.
https://www.wsj.com/articles/SB125417931158647695
It is interesting though, this seems to only work for mergers that went well. No one calls the 3 or 4 top BarCap groups Lehman - even though many MDs still have LB business cards in their desk. Same thing with CS/DLJ (that may have been cuz most DLJ talent left, though one time I had a professor call it First Boston- no CSFB, just "First Boston").
+1. Have never had the privilege of hearing 'you've got Salomon,' but it apparently took years to stop
Could it just be that if you put Bank of America Merrill Lynch on your LinkedIn you’re opening yourself up to more potential views as you’ll pop up both for a Bank of America and a Merrill Lynch search?
WHO CARES?!
I don’t know about interns ans the likes but I grew up in a world with DLJ and Credit Suisse First Boston, UBS Paine Weber, Solomon, Bear Sterns and Lehman. And I’m only in my 30s.
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