Banc of America Securities
3.5 of 5 16 reviews
www.bofasecurities.com Charlotte, NC 1 to 5 Employees

16 Employee Reviews (View Most Recent)

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VP Investment Banking

Vice President (Former Employee)
San Francisco, CA

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 Senior Management- 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

Yes, I would recommend this company to a friend

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    • Work/Life Balance
           
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    Great employer

    Anonymous Employee (Former Employee)

    I worked at Banc of America Securities


    Pros: fun; opportunities for advancement; long history; your boss will be very proactive in… Cons: a large company may limit the amount of responsibilities you may… Advice to Senior Management: make corporate structure more flat; offer more internship activities and… Yes, I would recommend this company to a friend More
    • Work/Life Balance
           
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    Merrill Lynch seems to be running the merger and may be the ruin of BofA if you don't watch out.

    Research Department Professional (Current Employee)
    New York, NY

    I have been working at Banc of America Securities


    Pros: Smaller operation within a huge corporation. BofA gave the… Cons: The bureaucracy of a huge corporation when it came to… Advice to Senior Management: Stop being so enamored with growth. You overdid on… More
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