01 August 2020
Bank of AmericaCompany Presentation
Mannheim Alumni at BofA GCIB FFM
Bastian Stundebeek
Investment BankingAssociate
Tim Krankenhagen
Investment BankingAssociate
Armin von FalkenhaynCountry Executive GermanyHead of Corporate & Investment Banking Germany, Austria & Switzerland
Lukas Sieren
Investment Banking Associate
Frederic Masur
Investment Banking Associate
Kristijan KrsticHead of Corporate Banking Germany, Austria & Switzerland
Katharina Schmitt
Investment BankingAnalyst
Nico RuseInvestment BankingManaging Director
Josephine Stiel
Investment BankingSummer Analyst
Arian Iranshahi
Investment BankingSummer Analyst
Felix Weber
Corporate Banking Associate
What Does Working at BofA Mean For You?
Global Megatrends: The Forces Shaping the Workforce of the Future
Resource scarcity and climate changeDepleted fossil fuels, extreme weather, rising sea levels and water shortages
Demographic shifts The changing size, distribution and age profile of the world’s population
Technological breakthroughs Rapid advances intechnological innovation
Shifts in globaleconomic powershifting betweendeveloped and developingcountries
Rapid urbanization and globalizationSignificant increase in theworld’s population moving to live in cities
____________________Source: “Workforce of the future: The competing forces shaping 2030” published by PwC.
What Does Working at BofA Mean For You? – Being Flexible
You will take
RESPONSIBILITY
You have
RESPONSIBILITYYou will take
RESPONSIBILITY
What Does Working at BofA Mean For You? – Being Flexible
You have
RESPONSIBILITYYou will take
RESPONSIBILITY
You will act GLOBAL
What Does Working at BofA Mean For You? – Being Flexible
You have
RESPONSIBILITYYou will take
RESPONSIBILITY
You will act GLOBAL
You will NEVER STOP LEARNING
What Does Working at BofA Mean For You? – Being Flexible
You have
RESPONSIBILITYYou will take
RESPONSIBILITY
You will act GLOBAL
You will NEVER STOP LEARNING
Your environment
will be DIVERSE
What Does Working at BofA Mean For You? – Being Flexible
What Do You Do in Investment Banking?
Leading the Most Visible Transactions in DACH
____________________Note: Numbers in brackets denote deal value.
innogy IPO (€4.6bn)
Sale of RWE’s 77% stake in innogy to E.ON in exchange for multiple assets (€60bn)
Sale of 77% stake in innogy to E.ON
Purchase of innogyand E.ON Renewables, innogyGas Storages, a 37.9% stake in Kelagand E.ON’s stakes in RWE’s nuclear power plants
Acquisition of Monsanto ($66bn)
Acquisition financing
Antitrust disposals
Mandatory Convertible Notes (€4.0bn / €1.5bn)
Rights Issue (€6.0bn)
Sale of Animal Health ($7.6bn)
Demerger of Metro Group into independent listed entities METRO AG (Wholesale & Food Services Specialist) and CECONOMY (€11.2bn)
Successful defense against unsolicited public takeover offer from EP Global Commerce / Daniel Křetínský ($11bn)
Sale of Metro’s hypermarket business “real” (€0.3bn)
Acquisition of International Rectifier ($3bn)
Acquisition and takeout financing
Acquisition of Cypress ($10bn)
Acquisition financing
Primary ABB (€1.5bn)
Hybrid Notes (€1.2bn)
Primary ABB (€1.1bn)
Case Study: Infineon’s $10bn Acquisition of Cypress
____________________Source: Company information and press release.
Financial advisor and structuring bank to Infineon in addition to providing committed financing for the
transaction
Has Agreed toAcquire
April 2020
$10bn
M&A Advice
Financing Structuring & Advice
Acquisition Financing Commitments
Capital Markets̶ Equity̶ Hybrid Offering
Case Study: Infineon’s $10bn Acquisition of Cypress – What Have We Done?
Deliverables
Your Task as
Investment Banking Junior
Valuation, synergies and pro-forma impact of acquisition as well as ongoing supporting analyses
Optimal financing structure and ratings advisory services
Acquisition financing commitment
Syndication of bridge loan facilities
Support preparation of board materials and management presentations
Support in drafting investor presentation and public announcement
Capital increase via Accelerated Bookbuild transaction
Set-up merger- and financing model including ratings and financing case sensitivities as basis for decision on offer price as well as optimal financing structure
Creation of Standard & Poor's ratings presentation
Supporting preparation of board materials, investor and bank presentations
Prepare memos for internal committees (e.g. financing, equity placement, etc.)
Participate in due diligence sessions
Coordinate different workstreams with client, co-advisors and counterparty
How to be Successful
Key Success Factors
PassionGenuine interest in thriving in a
fast paced environment and provide relevant advice to
clients
ProactivityCompleting specific tasks vs. actively participating in the
solution-finding process
Ownership
YOU decide how far you can run
Analytical Skills / Attention to
DetailLearning by Doing
Your Career With Us (Example Investment Banking)
Analyst
Associate
Vice President
Director / Managing Director
2 Years
Modeling / Valuation
Drafting of marketing materials
Due diligence / Project coordination
3.5 Years
Responsible for project modules
Leading preparation of client materials
3 Years
Project responsibility
Co-coverage of accounts and client communication
Client responsibility
Winning new mandates
Project senior oversight Intern
3-6 Months
Research on companies and industries
Support of financial modeling
How to Choose Your Favorite Bank
Selection Criteria
PeoplePersonal fit among colleagues is
key for a productive working environment
Deals / Market ShareBe part of the teams that advise on industry-shaping transactions
StabilityChoose to work for a resilient
employer
Broad PlatformEnables you to develop skills
across different products
Recruiting Process
Application Process Overview
A Great Place to WorkWord’s Best Bank for
Diversity and Inclusion
Euromoney Awards for Excellence 2019
Top 100 Undergraduate Employers
RateMyPlacement: 2019 Award winner (third place)
Stonewall Top 100 employer
Ranked 50th
Accelerating progress for women in business
2019 Catalyst Award winner
Disability Confident
Level one member of the UK Government’s scheme
Top Employer – medium sized school leaver intake
School leaver awards 2019
Connect With Us
campus. bankofamerica.com
Bank of America
Bank of America Merrill Lynch
@BofA_Careers
Application Start
31 AugDeadlines
23 OctFull-time
31 DecSpring Insight(1)
6 NovSummer
Internship
VariableOff-cycle
Internship
____________________(1) Applications for the Spring Insight Programme will open on 5 October 2020.
BofA – An Overview
Get to Know Our Business
Individual consumers
Small & middle market businesses
Large corporations
Clients Offices Access Coverage Trade
+90countries
+35countries
+151currencies
+3000kcompanies
+105exchanges
BofA – One of the Largest Investment Banks Worldwide
____________________Source: FactSet as of July 2020.
All $ in bn
$284
$202
$105
$75 $68
$49 $44
$26 $25 $19
$0
$50
$100
$150
$200
$250
$300
$36 $3$27 ($6)$19 $9 $8 $9 $4 $3Last FYNet Income
Market Capitalisation
Get to Know Our Business
Global Banking & Markets (GBAM)
Global Corporate & Investment Banking
Wholesale Credit
Global TransactionServices
Global Markets and Research
Advisory, lending, debt and equity underwriting, leasing, treasury, trade finance, market
risk management
Sales and trading of equities, bonds, loans, mortgages, foreign exchange,
commodities, derivatives
GT&O Control Functions
Technology andOperations
Risk Compliance
Quantitative Management
Finance Audit
HRLegal
Guiding PrinciplesInclusivity
A friendly and inclusive culture
Opportunity
A global platform of opportunity
Our people truly are the foundation for our success and help make us a great place to work.
With a strong focus on Diversity and Inclusion, Environmental, Social and Governance, our guiding principles ensure all of our employees have the opportunity to be successful.
Support
Support focused on your success
Our Purpose & Values
Deliver together Realise the power of our people
Act responsibly Trust the team
Our purpose is to make financial lives better for our customers, clients
and communities by connecting them to the resources they need
to be successful.
And, while we believe there are a lot of things that make our company great, it’s our values that drive our performance and permeate every aspect of the way we do business.