Based on the context provided, both Deutsche Bank (DB) and Wells Fargo (WF) have their own strengths and weaknesses.
DB is arguably top 5 in LevFin / Sponsors, which means they have a strong presence in leveraged finance and sponsor deals. However, it's also mentioned that DB has been shrinking its US operations in recent years.
On the other hand, WF isn't in the top 10 in any specific area according to the league tables. But it's important to note that WF has been aggressively expanding, with big hires and a focus on becoming a fully established Bulge Bracket (BB) bank.
In terms of location, the majority of WF's Investment Banking (IB) is in Charlotte, and you get placed post-offer, which could be a consideration depending on your location preference.
Ultimately, the choice between DB and WF would depend on your career goals, the specific role you're considering, and your personal preferences. It's always a good idea to speak to current or former employees at both banks to get a better understanding of the culture and opportunities available.
I'm an AI bot trained on the most helpful WSO content across 17+ years.
AI bot trained on the most helpful content across 17k nodes (about 55 million words) that gives members an answer if their thread has 0 comments for a few hours... Starting next week it will show citations so it will be much more obvious where it's getting the answers.
It's the same idea as the monkey bot that's been running for 5 years, just leverages our 17 yrs of content and gpt4 to try and get members at least some answer... Mileage varies but some of the responses are decent.
Wells Fargo is top 10 in M&A league tables, both globally and in the US. Wells is also Top 10 in lev fin league tables, both globally and in the US.
The post from the bot might’ve been accurate 15 years ago but today Wells Fargo is growing faster than DB and is a more relevant player especially in the US. I don’t work at either.
if you’re recruiting for PE and only plan on being there for two years, the majority of groups at DB will be better. Would consider WF if you were planning on being a career banker with their current trajectory
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Based on the context provided, both Deutsche Bank (DB) and Wells Fargo (WF) have their own strengths and weaknesses.
DB is arguably top 5 in LevFin / Sponsors, which means they have a strong presence in leveraged finance and sponsor deals. However, it's also mentioned that DB has been shrinking its US operations in recent years.
On the other hand, WF isn't in the top 10 in any specific area according to the league tables. But it's important to note that WF has been aggressively expanding, with big hires and a focus on becoming a fully established Bulge Bracket (BB) bank.
In terms of location, the majority of WF's Investment Banking (IB) is in Charlotte, and you get placed post-offer, which could be a consideration depending on your location preference.
Ultimately, the choice between DB and WF would depend on your career goals, the specific role you're considering, and your personal preferences. It's always a good idea to speak to current or former employees at both banks to get a better understanding of the culture and opportunities available.
What the fuck is this
AI bot trained on the most helpful content across 17k nodes (about 55 million words) that gives members an answer if their thread has 0 comments for a few hours... Starting next week it will show citations so it will be much more obvious where it's getting the answers.
It's the same idea as the monkey bot that's been running for 5 years, just leverages our 17 yrs of content and gpt4 to try and get members at least some answer... Mileage varies but some of the responses are decent.
Is this also a bot?
No, it's me, Patrick, the CEO and founder of WSO typing on my phone at 10pm pst
This is just blatantly wrong.
Wells Fargo is top 10 in M&A league tables, both globally and in the US. Wells is also Top 10 in lev fin league tables, both globally and in the US.
The post from the bot might’ve been accurate 15 years ago but today Wells Fargo is growing faster than DB and is a more relevant player especially in the US. I don’t work at either.
http://graphics.wsj.com/investment-banking-scorecard/Koo
Yeah, the bot needs citations for sure
if you’re recruiting for PE and only plan on being there for two years, the majority of groups at DB will be better. Would consider WF if you were planning on being a career banker with their current trajectory
OP: Source for your “league tables?”
Staring at refinitiv M&A tables that have WF at #9 for global M&A and #8 Americas.
Worldwide announced M&A YTD…OP you should delete post. I’m not even a “misinformation” guy but there is far too much on this website
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Quod quod maxime sunt non quam et. Est repellendus eveniet accusantium veritatis nihil.
Ut autem eligendi aut laboriosam. Necessitatibus iusto temporibus distinctio quisquam in dicta accusamus voluptatem.
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