Help figuring out summer investment banking internships
I need help deciding between investment banking summer internships. They are:
BofA/ML
Moelis
Barclays
They are all in NY. Any input would be appreciated. Thanks
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Moelis: You will work really, really hard, and culture may not be the best, but you will almost certainly learn a lot that you can leverage into a BB IBD offer.
BAML: Doing very well in league tables this year and last, probably will become a top 3-4 bank in the next two-three years given it's strong platform. There's some damage to brand though due to the whole Ken Lewis/Merrill debacle.
Barcap: Doing pretty well, firm that's on the up and up. Strong conversion rates (told by recruiter that they barely hire any for FT not from their SA class)
Moelis > BAML > Barcap IMO.
Moelis is a good learning platform. In the long run however, i thnk BAML has the most potential just given its sheer size. Barcap also solid choice. Congrats man!
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