I would like to have some insights and recent news about Bank Of America. What makes BofA unique and different from other banks? Very hard to find much information on the internet. So feel free to share your knowledge with me. Thank you
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One of the trillionaires. Pay is good. Lot of moving parts.
Ambition: They want to be top3 across all main products
Good positioning, large balance sheet and a growing franchise in EMEA (still a little bit behind MS/JP even if some years they are ahead in the league tables)
Almost all the banks are the same, hard to find a good answer tbh
Thanks for your replies.
Do you know anything special about values, the way employees work and the way they train their interns?
Strong values (teamwork, honesty, chance to speak up and take responsibilities early on) but those are similar at most US BBs
Training is also very similar to US BBs (same training providers), the truth is that they invest a lot (factset training, bloomberg training, snl training, modeling training, deal structuring training...) but its more or less the norm in the industry
Okay, I have to dig a little deeper to find a real specificity. Thanks for the answer
If this is for an interview, best answer you can get is by networking with BofA bankers and then parroting their “Why BofA” spiel
If this is for an interview, best answer you can get is by networking with BofA bankers and then parroting their “Why BofA” spiel
do you have an idea of the impact the covid has had on investment activities?
Are you serious? Go through an earnings transcript or something, highlight where the firm is moving forward. Speak with people who work there, mention those convos. I don't understand why people find this question difficult. Ignore my title here, but I have interviewed people who fail miserably at this question and it is a softball. Please do not say "you know, I'd have to say...it's the culture" NEXT
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