Why doesn’t BofA simply pay market
Management keeps shitting on people leaving and scratching their heads… bro it’s because you’re #3 in the league tables and pay like dog shit
Management keeps shitting on people leaving and scratching their heads… bro it’s because you’re #3 in the league tables and pay like dog shit
| +90 | [2026 - October] Unbiased Prestige Rankings | 56 | 4h |
| +88 | Who is the final boss in Houston Energy? (GS, JEFF or EVR) | 21 | 1h |
| +78 | You should probably leave IB | 26 | 1d |
| +45 | Why Do We Turn Comments? | 10 | 2d |
| +43 | Tomorrow Will Be Better | 5 | 4d |
| +41 | Moelis PCA vs Lower tier BB Coverage | 30 | 1d |
| +25 | Banking (Un)fortunately Still Needs You: My Case for Bankers in the AI Era | 3 | 1d |
| +24 | Lateraling as Analyst | 24 | 1h |
| +24 | How much should you ask questions / seek feedback as an intern? | 9 | 11h |
| +24 | UBS IB #24 in US M&A in 2026 | 10 | 8h |
Career Resources
Bc the impacts of running a bugle bracket ib firm like crap take a bit of time to show up in the P&L so the boneheads running baml think they are smart while running it into the ground. Imagine a top MD in any given coverage group at BofA that recently left. They probably had a decent number of ongoing deals. Those stay at baml and when they close the bonehead management team think they got away with it bc those deals still show up on the P&L. "Wow, I managed to replace my top banker with a washed one for 1/3 the pay and our fees are still stable!".
What they don't understand bc they lack brain cells is that in a very short time, that existing pipeline is gone and there will be a big drop off. And they won't be able to replace the lost MD bc nobody wants to come to baml to get paid 1/3 the market comp and even if they do it takes time for the new MD to get plugged into the crappy baml system. Isn't there also many months of garden leave for MDs?
Leadership has no visionary skills
Et occaecati molestiae in qui dolore blanditiis dicta eaque. Doloremque ut placeat labore ducimus suscipit sed. Officia quod nisi veritatis quidem voluptates.
Reprehenderit inventore reiciendis rerum perspiciatis. Commodi possimus odio voluptatem libero quis illo vel.
Sit earum deleniti voluptatum harum placeat velit eaque. Commodi harum ex occaecati sapiente saepe sunt. Debitis tempore ipsa reiciendis doloribus ullam facilis. Ea animi nemo consequatur et quas voluptatem voluptatem.
Deleniti non consequatur maxime dignissimos voluptatem natus. Et neque et voluptatibus accusantium fugit. Quas aut impedit ut sed assumenda officia. Ipsa omnis accusantium commodi voluptate.
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...