Banc of America Securities Employee Review
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Banc of America Securities – “It was a good entry level position after college, but glad I've moved on.”
Pros
The team leaders were strong and supportive. And the comradeship between the analysts and associates was incredible. Also, I think we had one of the best Quantitative Support teams in the business.
Cons
Beyond the individual team leadership, there was practically none. No clear direction for the company or the business units. Senior executives were absent. The company handled the merger with Merrill Lynch incredibly poorly. I still understand there is animosity between the two loyalties.
Advice to Senior Management
Try to develop more of a horizontal structure. It's important for the young people (and old people) to see they have support from management and understand the goals of the company.
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