Help me Choose - RBC vs WF

Have offers from Wells and RBC. Wells has the sell day thing and I could get placed in Charlotte, which is annoying, but I feel like its a stronger bank (despite all the scandals on the retail banking side), liked the people more, etc. Any advice?

12 Comments
 

With industrials being very capital intensive, I’d have to imagine with the size of RBC’s balance sheet, they probably see good deal flow. And it’s NYC and and getting NYC for Wells is pretty hard. Have a number of friends who are going there and had many contacts in NYC pulling for them in sell day and still got Charlotte

 
Most Helpful

RBC 100%

I was faced with the exact same decision as you several years ago, and 100% regret choosing WF because as you guessed it, I got fucked by WF by getting placed into a non-IBD group in Charlotte. I made a full post about it here: https://www.wallstreetoasis.com/forums/a-warning-on-the-wells-fargo-sec…

What Wells recruiters don't like admitting is that the majority of the positions are in Charlotte, and some of the biggest groups in Charlotte aren't even real IBD groups (e.g. asset backed finance, etc.) That's why Wells does the whole non-location specific offer thing so they can catfish people that could have done better into those groups in Charlotte.

 

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