Banc of America Securities

  www.bofasecurities.com
  www.bofasecurities.com
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Banc of America Securities Reviews

16 Reviews
3.5
16 Reviews
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Banc of America Securities President Brian T. Moynihan
Brian T. Moynihan
4 Ratings
  1.  

    VP Investment Banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President  in  San Francisco, CA
    Former Employee - Vice President in San Francisco, CA

    I worked at Banc of America Securities

    Pros

    - relatively stable investment bank with true universal bank platform
    - no "cut throat" competition among bankers
    - great place to learn and get exposure
    - some senior bankers are great to work for and very supportive and it is easy to identify them

    Cons

    - poor management and lack of information sharing
    - limited deal flow, difficult for large clients to look past the traditional commercial banking platform...although the ML acquisition may change that perspective
    - disproportionate time spent on elephant hunting (marketing/pitching to big clients for big deals)

    Advice to ManagementAdvice

    - share information, involve bankers with decision making
    - leverage junior and mid level bankers to do more than create pitch books
    - pay at least street comp

    Recommends
    Disapproves of CEO