These are for Summer Analyst positions. I don't know about group placement yet. I am leaning towards BAML, keeping in mind that UBS is doing pretty poorly right now. But I hear Wells is potentially a good place to be. I don't hear much about Credit Suisse's Asset Management. Thanks.
| Current and Former UBS Bankers: Do You Regret Joining? Was It Worth It? | 47 | 2h | |
| +64 | Any tips for sleeping well? | 31 | 8h |
| +45 | Post-IB Paths (non-buyside) | 10 | 4h |
| +37 | Background check issue IB Full Time | 18 | 11h |
| +35 | Does making it in IB mean killing your personality? | 11 | 4d |
| +33 | How to be satisfied | 23 | 3d |
| +28 | Wealthy Parents / Jaded | 5 | 1h |
| +27 | The Impossible Triangle: Speed, Quality, and Managing Directors | 9 | 1d |
| +25 | Q dealflow slowdown | 22 | 1d |
| +23 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 10 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
BAML for IBD, CS if you want to AM only.
If you are interested in IBD, either BAML or UBS are pretty similar and ok. Obviously if you lean towards AM, CS is the clear choice.
Thanks a lot, guys. I thought UBS was downsizing so I wasn't sure to rule it out. Any input on Wells Fargo?
Regarding WF, they are building their business and they use balance sheet to win deals, therefore most of the things are connected to financing rather then pure advisory. PE exit opportunities are probably quite weak. Global presence is basically non-existent, so stay away if you might be interested in working abroad at a later stage.
Just trust our unqualified suggestions, and choose BAML IBD.
BAML over UBS and WF IBD. UBS is having issues and WF is working hard to build their IBD up. But, they are still very much financing and mid-market orientated. BAML is the best of the group.
UBS is downsizing - it's shit. my friends have gotten their offers taken/couldn't finish out their 1st year. WF is a potential bank...I think you'll be pleased to be at WF in couple years but that's just my thought
I would take BAML or WF (depending on group placement)
How is this a question? BAML and its not even close, especially against wells
BAML IBD is your best choice by far
Agreed. It's really not even close.
It's really a choice between CS AM and BAML IBD, and you just have to decide whether you want AM or IB. If you want IB, BAML is the obvious choice, as it's much, much better than UBS and WF in terms of deal flow, exits, etc.
At UBS, you have a comparably high chance of not getting an offer or getting laid off during your two years. UBS fired first year analysts right before bonuses and they recently closed their IB offices in SF and LA. Not a good place to be right now.
WF is ok but not really in the same league. I've never seen any former WF analysts in the bio section of PE websites, while I have seen many former BAML analysts working as associates at PE firms. BAML is also on a lot of high profile deals.
CS AM will be fewer hours but also smaller pay and fewer exits.
As per everyone, key is UBS IBD is firing
As others BAML IBD :)
Quia dicta vel et omnis eos ut velit. Neque maiores cum laboriosam et recusandae vel aspernatur. Sint in expedita mollitia architecto consequatur similique sit. Temporibus officiis corporis ea qui. A esse ipsam deserunt aliquam et nemo pariatur.
Ad quis enim vitae modi voluptas alias. Aspernatur quidem porro placeat ipsum nisi non. Cum ut ipsa rerum. Qui nisi nostrum fuga voluptatem. Quo sint et necessitatibus molestiae soluta ut natus. Beatae numquam sed qui consequatur est cum necessitatibus. Molestiae est repellat nisi in sequi eum.
Et iusto suscipit et tenetur reiciendis. Similique exercitationem ratione cumque aut et. Molestiae voluptatibus deleniti aliquam ea quos. Eos quo nulla et non incidunt in ut. Cum ad voluptas est error in commodi.
In nisi inventore ad eveniet magni aut earum et. Voluptas optio et aperiam provident quod esse.
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...