To be a BSD

was out with brokers last night, and was chatting.... check this out, there is a guy who is the biggest market maker in swaps in the world and he was out in japan for a number of years. When his bank moved him to NYC, the brokerage co made his coverage relocate with him from Tokyo to NYC.

I think the term in general is overused, but that my friends, is a BSD.

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Comments (24)

Jul 20, 2007 - 12:24pm

that's the funny thing, i can almost gty no one on the boards would be able to guess if you go off 'rankings'.

take a stab at it ppl, what firm do you think has the biggest and possibly best vanilla swaps trader in the world? Discuss.

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Jul 20, 2007 - 1:37pm

Come on boys...repeat after me, in rates land, french banks are rubbish.

Jul 20, 2007 - 1:53pm

all the major players are good...i know the individuals at the shops more. there are good guys at db, bofa, cs, lehman, jpm, merrill, gs, ms, rbs.... you'll be fine....

Jul 20, 2007 - 2:01pm

BoA's S&T interviewers said they their fixed income was the best in the firm to kids they were interviewing during spring recruitment lol. I'm not sure if it was implied or blunt though (heard it second hand from my friend who's interning there).

That guy is badass btw.

Jul 20, 2007 - 2:09pm
ThoughtMan:
BoA's S&T interviewers said they their fixed income was the best in the firm to kids they were interviewing during spring recruitment lol. I'm not sure if it was implied or blunt though (heard it second hand from my friend who's interning there).

That guy is badass btw.

i dont understand your point...they said the best part of their firm was the fi division? or their fi division was the best on the street?

Jul 20, 2007 - 2:52pm
ThoughtMan:
jimbo,

The kid interviewing with them said he wanted to do Fixed Income, they replied that it was a good choice because it was the strongest division at BoA.

ok. did he take the job?

Jul 20, 2007 - 9:01pm

btw, he was split between GS and BoA and maybe a few others. Kids at school who actually interviewed with BoA's S&T program give it more cred than most posters on IBoasis, it seems.

Jul 21, 2007 - 3:44pm
http://stylizedfacts.com/coruscation/
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