Bofa is very good on the trading side. They've built it using their huge balance sheet + experienced traders from other more traditional firms, gs, leh, bear etc. They can take a lot more risk with that bal sheet and are growing it pretty fast.
Their ibanking is a bit weaker and are prob more like top 10 (maybe) in terms of league tables. They also have a lot of ex-bankers from brand name places, but their deal flow isn't great.
Interviewed with them, wasn't too impressed. They do a LOT on the debt side but are very light on M&A and other advisory work. They were late to my interview and frankly seemed pretty desperate. Also, they hire away a lot of very good senior bankers from other firms, but these bankers tend to leave as soon as their contract ends.
I would take Jefferies or another quality MM over B of A. Definitely not a group that I would want to work with...
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Bofa is very good on the trading side. They've built it using their huge balance sheet + experienced traders from other more traditional firms, gs, leh, bear etc. They can take a lot more risk with that bal sheet and are growing it pretty fast.
Their ibanking is a bit weaker and are prob more like top 10 (maybe) in terms of league tables. They also have a lot of ex-bankers from brand name places, but their deal flow isn't great.
Interviewed with them, wasn't too impressed. They do a LOT on the debt side but are very light on M&A and other advisory work. They were late to my interview and frankly seemed pretty desperate. Also, they hire away a lot of very good senior bankers from other firms, but these bankers tend to leave as soon as their contract ends.
I would take Jefferies or another quality MM over B of A. Definitely not a group that I would want to work with...
Aut omnis corporis id ducimus eos est earum. Repudiandae quis vitae vel rem amet.
Neque illo quas debitis libero nemo corrupti deleniti sint. Voluptatem voluptas saepe facere atque sed aliquam qui. Quae quod vel delectus laborum. Earum cumque ut earum nihil.
Dignissimos suscipit corporis id sunt quod. Est quia et sed dolores laborum omnis quo est. Aut ad ut dolor et voluptatem repellendus.
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