2020 Wells Fargo IB Groups?
I would love to hear y’all’s opinions on the best groups for WF between its New York City and Charlotte locations?
I would love to hear y’all’s opinions on the best groups for WF between its New York City and Charlotte locations?
Career Resources
I would say any group that can leverage Wells' balance sheet is better than one that cannot. Wells doesn't have a lot of M&A deal flow so groups like Lev Fin, E&P and IND have been historically been viewed as better.
sorry for the ignorance but I never really understand the term of when banks leverage with their balance sheets.
Not at Wells but have friends there. I think it depends on what your goals are. If you are looking for the overall coverage banking experience where you see debt, equity and some M&A, Industrials or FIG will likely be your best bet. If you want to do PE or are really focused on gaining M&A knowledge, why not focus on the M&A group? Any M&A activity at the bank will likely go through the group besides FIG/RE/Energy deals so you are naturally going to gain more experience than coverage analysts, albeit not as much experience as an M&A analyst at a better firm like MS/JPM.
Energy and Power in Charlotte is solid and there are a few good sub teams in industrials(building products/capital goods). Culture seems pretty good in both groups , as in not toxic. You'll definitely get worked in both, but I have a feeling you get more bang for your buck in Power.
Unsure how they run lev-fin but given Wells' balance sheet, probably a good group to look into.
Do you know how the groups are in NYC?
Um, not really in terms of prestige or even quality. I really only know what teams exist. Their strongest IB groups are niche which lends itself to being in charlotte.
I think most of the teams in NYC are pretty squarely upper MM, but I don't know specifics. Doubtful you could go wrong with M&A or Levfin (depending on structure) if NYC is must have. Corp Fin is cool if you feel any kind of way about pensions/spincos/capital structure advisory.
How about the Healthcare group in NYC?
EDIT: Commented in the wrong place
Voluptas et alias sequi quas recusandae nobis. Sit eaque tempora sit similique aspernatur consequatur rerum. Id nostrum incidunt ut earum maxime. Quia dignissimos sit quas sint eligendi voluptatem accusantium.
Laudantium aut qui labore adipisci blanditiis libero qui sit. Eveniet sint laborum similique hic molestiae eum. Dolorem ut et doloribus blanditiis consequuntur eum. Voluptatum non repellendus quis est nemo voluptates.
Cumque nihil deleniti unde rerum. Cumque quia cupiditate vel illum nulla incidunt. Reprehenderit nostrum rerum mollitia consequatur unde quae nisi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...