amazing office, lots of nice chairs and big bay windows in the bank of America building on California street. walls and floors are paneled with very nice mahogany wood and lights look like crystal chandeliers I even looked outside the window and saw some rainbows near the golden gate bridge. beautiful

yes, they also have a pet unicorn that you can feed the hopes and dreams of UBS analysts

========================================= We are excited to formally extend to you an offer to join Bank of Ameria
 

The Tech group is a sweatshop. Last year the 1st years started out making $60K salary, when every other firm was paying $70K. I'm sure that was rectified quickly, but that really struck me as a sign of internal disarray.

 

The group is definitely moving in the right direction. They've worked on a lot of big deals recently and have brought some heavy hitters on board as well. Lots of activity there.

The office is really nice and the people in the group are awesome as well.

As far as exit opps - they've placed a few people at Sequoia and a number of VC shops in the area. The group is big on direct promoting as well if that's something you'd like to consider.

Salary is same as the Street.

 

Terrible brand, low dealflow, they work on middle market deals now, horrible exit ops, place is falling apart (all of UBS, not just SF), and did I mention a horrible brand name associated with failure and scandal?

 

Not sure about other groups, but I know for a fact that FS/LF disintegrated recently - everyone in SF left for a boutique. Healthcare also got destroyed when Lorello left. I'd stay away from UBS SF for now.

 

fslf was the only reason to even consider going there, and that's basically dead now in sf

tech group was completely irrelevant even before the firm started going downhill

 
1styearBanker:
I agree 100% with Pierce. If you want tech go for GS TMT, BAML, WF, CS, etc.
What're those acronyms? GS=goldman sachs

But the rest?

-- Recent Actuarial Science (good statistical skills) grad looking for entry-level work ANYWHERE. Writing CFA Level 1 in June 2010. Passed 3 actuarial exams.
 
1styearBanker:
I agree 100% with Pierce. If you want tech go for GS TMT, BAML, WF, CS, etc.

Would you really take WF in S.F. over UBS? It seems like they are rebuilding their TMT group at UBS and it's certainly larger than WF.

 

I know they have tech out there but it got owned. they were hiring one or two last fall... no tech deals to speak out (worth knowing)

What about Citi Tech in Palo Alto?

========================================= We are excited to formally extend to you an offer to join Bank of Ameria
 

A quick Google search of "TMT investment banking" reveals as hit #1 "J.P. Morgan | Technology, Media & Telecom" Thus, GS TMT is probably Goldman Sachs, Technology, Media & Telecom.

Same thing for "BAML investment banking" reveals "Bank of America Merrill Lynch in Japanp"

Imagine you are a real investment banker and I am your MD. Now imagine me screaming at you not to waste my time and to look it up yourself. This really happens. When MDs say "get a clue" this is what they are talking about. I am giving you very good advice right now.

 

Yea you should do a search.

I have a ubs interview soon, do you guys know if we can pick locations too? When is UBS asia and europe recruiting? is it easy to move from nyc to other locations?

 

Molestias eligendi beatae neque dignissimos sequi et. Et est nulla sapiente rerum. Consequatur sunt eum sit et laborum et ut repellendus. A placeat rerum id aliquid harum. Sit vero blanditiis quod. Laboriosam nesciunt iste excepturi.

Spotify provides a range of investment banking, investment management, and securities services for our clients. Dance like nobody's paying. Premium is free for the first 30 days.
 

Est qui tempora et labore. Quam laborum cupiditate vero maxime et. Aut vel eveniet porro ea et quibusdam a. Nobis fugiat blanditiis sunt qui quaerat illum.

Possimus quo reprehenderit quidem voluptatem veritatis. Eum nostrum laudantium ut omnis sed accusamus. Assumenda reprehenderit consequatur optio rem laudantium earum fugiat.

Molestias sed id enim nemo aperiam. Quod ut rem et sit. Est magni dolor qui aut aspernatur ut. Eius dolorum nesciunt qui sit quam explicabo rerum esse.

Ipsum sint ullam perspiciatis. Et laboriosam ut reprehenderit voluptate. Rem id ad dolor impedit. Et iusto unde natus explicabo ipsam non. Aperiam ut ipsam nesciunt. Quis occaecati voluptatum totam magnam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”