Why Bank of America?

Subscribe

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

Region

Comments (9)

 
Oct 18, 2020 - 12:02pm

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

 
Oct 18, 2020 - 12:31pm

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

Start Discussion

Popular Content See all

Biggest Regret in Undergrad
+29IBby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Is Evercore the next Bulge Bracket bank?
+25IBby Intern in Investment Banking - Mergers and Acquisitions">Intern in IB-M&A
Is Liontree the next bulge bracket bank?
+18IBby 1st Year Analyst in Sales & Trading - Equities">Analyst 1 in S&T - Equities
Virtual Summer Interns - which banks sent you WFH gear?
+16IBby Intern in Investment Banking - Industry/Coverage">Intern in IB - Ind
Meal plan in IB
+10IBby 1st Year Analyst in Investment Banking - Industry/Coverage">Analyst 1 in IB - Ind

Total Avg Compensation

October 2020 Investment Banking

  • Director/MD (17) $704
  • Vice President (49) $326
  • Associates (264) $228
  • 3rd+ Year Analyst (36) $168
  • 2nd Year Analyst (147) $159
  • Intern/Summer Associate (136) $141
  • 1st Year Analyst (582) $129
  • Intern/Summer Analyst (556) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.4
2
Jamoldo's picture
Jamoldo
98.3
3
Secyh62's picture
Secyh62
98.2
4
CompBanker's picture
CompBanker
97.8
5
redever's picture
redever
97.7
6
Edifice's picture
Edifice
97.6
7
Addinator's picture
Addinator
97.6
8
bolo up's picture
bolo up
97.5
9
NuckFuts's picture
NuckFuts
97.5
10
frgna's picture
frgna
97.5