MS FICC vs BoFa S&T for Fixed Income
Want to end up in Fixed Income trading. Which bank is better at Fixed Income/ which one should I choose, assuming top desks. Any thoughts appreciated, thanks.
First off congrats on two great offers, both are solid and as long as you perform and are in a decent seat, choosing between banks won't matter as much in terms of exits ops etc. as they do in IB.
That said, I would lean towards BofA for the main reason that MS historically has prioritized equities, and BofA marginally beats out on Fixed Income, at least for Rates/FX. Outdated and incomplete data, but notice that MS' focus is on Equities rather than FICC: https://www.efinancialcareers.com/news/finance/tier-1-tier-2-tier-3-investment-bank
No idea on culture/comp progression though. Also, is this for US or EMEA? Relevant since BofA seems to have moved a lot of FICC to Paris, while MS still has a lot of EUR traders in London
Et modi nihil nesciunt asperiores consequatur. Rerum incidunt nihil non est quia et. Vel nesciunt in sed sint.
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...