Barcap S&T vs. BofA S&T

Take barcap.

As far as prestige, BarCap is the choice.

However, I think given recent events, you also need to consider how stable the bank you're joining is. BofA is rock solid and not going anywhere - too big to fail.

BarCap however is still highly leveraged, absorbing redundancies with Lehman, and I have heard rumors (even ignoring b2's earlier post) that they may have some serious trouble ahead.

You make the call.

• Capt K

Thanks for the replies. I guess I wanted to hear your opinions on 1. generalist vs. muni trading and 2. Barcap/Lehman vs BofA + Merrill.

I know that BofA is rock solid, at least as of recently, as captk points out, but it is still digesting Countrywide and will need to do do some serious maneuvering once it actually starts integrating ML into its ranks.

Any additional comments would be appreciated! thx.

My reason for suggesting barcap isn't related to the prestige issue because there clearly isn't much these days but rather because of the program itself. I would prefer a generalist program where you get to taste a bit of everything instead of devoting all your time to the muni. bond desk. Maybe you'll find yourself interested in something totally different to muni. bonds when you're working as a generalist.

as a mortgage s&t monkey @ BofA...I would like to say BofA over Barclehs ~ but to be honest i am not sure how our muni trading desk is relative to the street. Prestige goes out the window these days but you want to be in a product area that is interesting to you / brings in the money..gl

barcap commodities (pre lehman ) : top 3, top two being MS and GS barcap FX (pre lehman): top 3, the other two being UBS and DB barcap rates was number 3, lehman was number 1, so the combined is number 1 in market share credit desk should be very strong as well as both barcap and lehman are big on debt lehman's equities is good too.

Yeah basically I know I want to do trading and something more "quantitative"... dr3amone can I contact you about BofA? untilted - are you at barcap right now? would I be able to contact you? thx

lehman was not #1 in rates. DB always has always will. barcap fx was not top 3, try UBS DB Citi

feel free its [email protected]

feel free its [email protected]

trader4size, who are you getting your info from?

and barcap FX is most certainly top 3 globally. May not be top 3 in U.S. market though. Where are your sources?

Falcon111, feel free to PM me if you have any specific questions.

in term of stability, both BofA and barcap are highly unstable i'd say.