Updated BofA Group rankings
placement around the corner for 26 SAs, what are the group rankings looking like? How do FSG, M&A, LevFin, REGL stack up against each other/the rest?
Trending Content - Investment Banking Forum
| +150 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 19 | 2h |
| +120 | Is pay at BofA really that bad? | 60 | 7h |
| +97 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 18 | 1h |
| +88 | Day at Macquarie | 12 | 7h |
| +44 | Is the life of a VP at a 'top-bank' really good? | 15 | 3d |
| +44 | How bad did I mess up | 10 | 13h |
| +31 | Misrepresented Houston IB | 14 | 18h |
| +29 | Law school instead of MBA for RX Banking | 6 | 11h |
| +29 | No BB RO 2026 | 10 | 2d |
| +28 | JPM SMALL CAP or WF/JEF/RBC Coverage group | 13 | 3h |
Career Resources
Bump, UK as well pls
Heard good things about LevFin
heard opposite. lol
How does healthcare compare against other coverage groups?
EGRC >>>
Do you mind if I PM you?
[]
Tech tier 2? I've heard very differently, what is that based on
the bank is on pretty weak footing since almost all of its dealmakers have left this year after multiple years of fantastically crummy pay. with what remains in the ashes, the only thing I will say is avoid their middle market group at all costs. had a recent roommate in that group and that group is plain abysmal.
FWIW, EGRC closed bigger deals than C&R, TMT, NatRes, and FIG this year with Steelcase, Brown & Brown, and Oklo
Highly skeptical of where you got that figure. I worked on multiple deals in which the cov team brought the deal in, handled the process, and then midway through EGRC was brought in—who proceeded to do absolutely nothing—and still got a share of the fee (absolutely infuriating). On top of that, their MDs, to ‘value-add,’ would make complete changes to the underlying decks that we then had to implement (one EGRC MD told us he literally didn’t trust his own team, iykyk), only for all the edits to get reverted by our seniors later on. Some of the biggest failure MDs I have ever met and the laziest/dumbest juniors.
FSG.M&A then GIG. HC/REGL whatever
EGRC/TMT/FIG/C&R rest r all about the same level of ass
thoughts on M&A vs FSG?
FSG=> M&A
know a guy in lev fin IB at bofa getting paid 85k a year base or 90k... kinda doggy ngl
you’re thinking of Levfin credit which sits within credit risk, not the IB lev fin group. You won’t get placed in credit risk with an IB offer don’t worry.
BofA prioritizes and handholds their putrid middle market group because it’s a “growth focus” for leadership. Coverage brings in the business and does all the work. EGRC then gets brought in midway through, does absolutely nothing, and collects a cut of the fees. Naturally, a lot of coverage seniors got pissed at this and left the bank. Very backwards strategy.
To answer your question OP… Levfin is still strong. C&R, sponsors, and IND used to be strong but they fell off lately due to the above. You aren’t going to get paid wherever you go, unless you’re an analyst.
Aut rerum aut illum quis. Recusandae hic qui voluptas quas quasi dolorem. Quo aut nihil odit nulla nemo incidunt odit. Quos nam quidem dolorum. Unde recusandae corporis rem dolores eligendi quia. Velit alias voluptas non est pariatur. Accusamus cum dolores reprehenderit maxime voluptatibus dolorem inventore quod.
Et aut labore tempore et. Ipsum est enim corporis. Porro hic consequatur et laudantium eligendi atque est.
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...