SA2020: WF vs. DB

IBD at both. While DB is still a BB, given the recent news around the firm I feel as though this decision is a bit tougher. Which of the two would you all prefer for a summer 2020 internship?

Comments (25)

Aug 5, 2019 - 7:23pm
darthStrader, what's your opinion? Comment below:

This would make a good "would you rather" question

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Aug 5, 2019 - 7:24pm
Goya Beans, what's your opinion? Comment below:

Truly a battle of the lesser evils

To live is to suffer, to survive is to find some meaning in the suffering.

Aug 5, 2019 - 8:43pm
ballin3201, what's your opinion? Comment below:

I know it's kinda a meme, but aren't there still pretty solid DB IB groups? No way its as bad as WF

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Aug 5, 2019 - 9:46pm
84274892, what's your opinion? Comment below:

WF on the come up

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  • 3
Aug 6, 2019 - 1:08am
AnUndergraduateStudent, what's your opinion? Comment below:

Would go with WF here just based on the risk to reward of the alternative alone.

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Aug 6, 2019 - 2:05am
prestigewhore101, what's your opinion? Comment below:

WF if you want to pitch and do boring loans all day, DB if you want to work on relevant M&A and do more interesting structured stuff

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  • 3
Aug 6, 2019 - 7:06pm
Synergy_or_Syzygy, what's your opinion? Comment below:

not sure

Be excellent to each other, and party on, dudes.
  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Aug 6, 2019 - 4:30pm
Anonymous Monkey, what's your opinion? Comment below:

I'd definitely take DB.

if you're worried about having to recruit for full time roles - I think you could spin your decision to join for SA as one where the group emphasized to you that it was eager to prove itself and bounce back from the negative news, which you thought would translate to solid deal experience since they seemed hungry.

granted im not very in tune with where WF stands at this point in time. but i would imagine that DB is a safer play and looks better on your resume should you decide you dont want to return FT.

Aug 7, 2019 - 3:35am
DalaiLama, what's your opinion? Comment below:

Anyone saying WF over DB gets their news from FinMemes. I don't know how you could look at league tables and say WF > DB. DB is arguably top 5 in LevFin / Sponsors while I don't think WF is even top 10 in anything.

Plus, based off another thread on WF, and stories I was told, the majority of WF IB is in Charlotte, and you get placed post-offer, so you could potentially get stuck in asset-backed finance in Charlotte. Maybe that's changed lately but that's the last I heard.

Aug 7, 2019 - 10:48am
jfjioaq, what's your opinion? Comment below:

Wells is very strong in lev fin

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Aug 7, 2019 - 1:40pm
ballin3201, what's your opinion? Comment below:

how is tech/tmt for a SA position at DB. Looking to go into growth/vc

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Aug 11, 2019 - 4:07pm
prestigewhore101, what's your opinion? Comment below:

DB just lost their top TMT bankers (including global head) to Citi, so not sure if the team is on a good trajectory

https://www.wsj.com/articles/citigroup-beefs-up-investment-banking-ranks-11561128000?emailToken=7588cea2dfb06d296e2460c43bd6c0861Scxo2cc+3/zG9hpgEfsj7r1dpe3ZaolWk/tchZ7ZZ+kFr4TIvjD32A2YBQtJxMrE59qMxA7UEj3QttC1VWrnEmS4JN5u6ruwU8qCIQvyIQ%3D&reflink=article_copyURL_share

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Aug 7, 2019 - 10:12am
bobbybonilla, what's your opinion? Comment below:

I've got friends that did internships at DB this summer and they are definitely giving out full time offers.

DB and if you don't like it shop til you drop. Just GTO.

Rise and grind
  • 1
Aug 18, 2019 - 6:19pm
Abcde20, what's your opinion? Comment below:

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