Thoughts on BofA TMT?
Heard the group has grown a lot over the past few years. Curious to hear more perspectives
Trending Content
| +163 | The "Not So Obvious" things that get you a return offer? | 19 | 2h | |
| +93 | Is my life over after not getting GS? | 20 | 3h | |
| +62 | Best IB group on the Street | 26 | 1h | |
| +52 | BIG FOUR ARE PARADISE | 13 | 14h | |
| +46 | Thoughts and tips on how to speak like an investment banker. | 25 | 2s | |
| +42 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 22 | 3h | |
| +36 | UBS Outlook | 28 | 1d | |
| +35 | Georgetown Placement for 2024 and 2025 | 21 | 6d | |
| +33 | How to deal with egotistical team? | 6 | 2d | |
| +31 | Highest Paid Bankers in Toronto? | 50 | 1d |
Career Resources
nyc - You will get worked hard but solid exits.( Knew folks exited to top Growth Equity Funds if that's your thing)
Any idea of bonus structure in comparison to other groups?
on par with other bbs.
PA or NYC? Don't know too much about NYC but not a top group there from what I understand. Mostly media comms in that office versus mostly tech in PA. PA is definitely a growing group. Are you interested mostly in deal flow, culture, comp, exits? Deal flow is solid but definitely a clear cut below the top tech groups. Culture is good - you will work hard of course but friendly and helpful from my limited interactions. I'd guess comp is in line with most other BBs, although there's the recent news of a bump in base at bofa to match most EBs (doubt bonus will be adjusted though). Exits are varied but good. Don't see many exits to top buyout/growth or vc funds but still solid exits all around. Can go over any of these points in more detail to the best of my knowledge if you would like.
Gotcha thanks! I was referring to NYC culture/dealflow/exits. Heard deal volume & clientele have increased a bit over the past couple years, and was curious to see to what extent. If you have any insight into popular exits and where you would lateral to given the chance (with emphasis on culture/lifestyle), greatly appreciated.
Hi, can I speak to you about exit opportunities from PA tech coverage? Have an offer expiring tomorrow.
Can I message you about this?
What about London team?
Bump
Anything on the PA office? In particular software (I do mostly software now so want to stick with that)? Culture, comp, long term career trajectory, WLB, pitching vs. execution. Less worried about exits given I want to stay in banking but even corp dev probably fine coming out of the coverage group. Feel like with the M&A team there, lifestyle has to be a little better than doing everything in house.
Bump for London
3 rainmakers just left to join CVP
NYC? Has the group taken heavy losses or is it something they can bounce back from? In your opinion
All 3 rainmakers were based in BofA Palo Alto and will be leaving to join CVP Palo Alto. B/S BBs like BofA tend to be more resilient to senior attrition b/c they have lending capabilities (seems like Salesforce has hired them on several occasions), but 3 very senior bankers (inc co-head of tech IB) leaving to join a competitor is obviously not ideal
PA group is solid. Not much software is done out of NY.
Vitae quis dolorum nisi laborum velit. Mollitia officiis repellendus voluptas quisquam saepe corporis vitae iusto. Cum quis non voluptatem id doloremque cum. Corporis rem hic ipsam repellendus. Eaque vitae debitis ea molestias.
Alias est accusamus voluptas esse. Vitae qui ea quisquam. Aut repellendus voluptas tempora non nobis reiciendis cupiditate possimus. Aut voluptatum sit quos totam aspernatur.
Voluptatem qui unde dolor aut deleniti blanditiis. Sunt sed quia et inventore sed beatae.
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...