Bank of America Securities - Worked at BofA during the financial turmoil of 2008, as an analyst | Glassdoor
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There are newer employer reviews for Bank of America Securities

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"Worked at BofA during the financial turmoil of 2008, as an analyst"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Analyst in New York, NY
Former Employee - Analyst in New York, NY
No opinion of CEO

Pros

- comparable to other financial institutions in analyst pay and benefits

Cons

- hired way too many analysts than were jobs available
- did not communicate warnings, or information about analyst career oppportunities and where the company was headed (and did not quell negative rumors either)
- managers were confused and could not lead teams effectively under duress from above issue

Advice to Management

- communicate better with MDs

Other Employee Reviews for Bank of America Securities

  1. "Top Notch"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in Charlotte, NC
    Former Employee - Investment Banking Analyst in Charlotte, NC
    Recommends
    Approves of CEO

    Pros

    * Compensation
    * Colleagues are some of most intelligent in the industry
    * Great place to network for future opportunities
    * Good deal flow
    * Resume builder with experience at a bulge bracket bank

    Cons

    * Tough work/life balance
    * Not a place to work if you thrive on positive feedback
    * Little to no communication with senior management

    Advice to Management

    Thank you for the opportunity and experience.


  2. "Ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    No opinion of CEO

    Pros

    One gets the chance to work for a big player in the field as well be in a growing company.

    Cons

    It is a growing company so not so much deals, plus the economy is terrible. Lost of hours so be prepared.

    Advice to Management

    reduce the hours of the employees to make them happy and keep them, or else they leave to do other jobs


There are newer employer reviews for Bank of America Securities
There are newer employer reviews for Bank of America Securities

See Most Recent

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