Only actual good group at WF is REGL. WF hired a lot of FSG bankers from CS but hasn't lead anything anytime recently, only won rights. They are seen on the right for a lot of UBS deals which is the worst sign of them all because those are typically formerly CS coverage names and UBS retaining lead on them means WF hasn't really been able to move the needle through the hires. Am ex-CS for reference and know people at WF from the CS days.
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Only actual good group at WF is REGL. WF hired a lot of FSG bankers from CS but hasn't lead anything anytime recently, only won rights. They are seen on the right for a lot of UBS deals which is the worst sign of them all because those are typically formerly CS coverage names and UBS retaining lead on them means WF hasn't really been able to move the needle through the hires. Am ex-CS for reference and know people at WF from the CS days.
Isn’t FIG pretty strong?
FSG is a sweatshop now, big on face time first in last out. AN & AS seem miserable.
Is this also true for DCM? Heard the hours are somewhere between S&T & some of the sweatier IB groups so 50-80 on average.
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