The purpose of Investment Banking Division (IBD) is to provide advisoryadvice on transactions,its different products such as; Merger and Acquisitions, Leverage Finance, Equity Capital Market, Debt Capital Market, and Restructuring, which are its different products, to governments, companies and individuals. These advises areThis advice is given after taking into consideration all financial orand any relevant information of both the money seeker (what industry he operatesor she operates in, the growth of both the industry and the company itself, their business plan, and the overall reliability of the company.), and the money lender (the available amount, the expected yield). After thorough assessment of all these factors, the IBD will collaborate with both teams in order to implement the right action.
I have chosen Bank of America Merrill Lynch (BofAML) because I really want to learn, be pushpushed to my full potential and be successful as and investment banking analyst. I have heard from other learners commentlearners' comments that BofAML is a great place to work as it gives its people from diverse origins and different background the opportunity to learn by exposing them to a technical and practical environment. Throughout the learning, there is a lot of senior leadership support. So I think it’s the place to be.