Hi Guys,
I was looking at Wells Fargo's Corporate and Commercial Banking division. Is this an I-Banking unit? If not, which department is it part of? thanks.
| +213 | Return Rates For Interns Are Falling? | 87 | 54m |
| +128 | UBS Americas IB: The Kids’ Table of Wall Street | 17 | 37m |
| +105 | I am a drunk MD AMA | 39 | 1h |
| +81 | KISSED MY VP… HELP!!! | 14 | 17h |
| +63 | VP Lifestyle at Top BB Coverage Groups | 40 | 20h |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 3d |
| +49 | SharePoint makes IB hours HELL | 15 | 3d |
| +49 | UBS Offer Day | 18 | 19h |
| +44 | momentum of Rx groups | 16 | 23h |
| +35 | WF Return offers | 22 | 18m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
No, it's not investment banking... it's corporate and commercial banking.
http://en.wikipedia.org/wiki/Corporate_banking
Imagine your local Wells Fargo which does checks, deposits, CD's, etc. for your local townspeople. Now imagine a Wells Fargo that does that for businesses. Basically, that's corporate banking. Quite different from the kinds of M&A and underwriting that goes on in IBD.
... Yeah, I wouldn't expect to be making the IBD-typical $125-135k your first year.
in large banks, the corporate banking division usually works directly with the underwriting/syndication group. it's heavy credit analysis (including documentation). aside from pricing, the skills you'll develop in that group aren't much different than underwriting.
it's different than investment banking. that said, it's not like you're a bank teller.
I have been selected for an interview with this group for SA. Are the skills transferable to IB? I've seen practicing for IB interviews . How do I get the point across that I want this position?
4 years later....bump
What do you want to know about it?
Quidem ea occaecati sunt. Perspiciatis reiciendis autem tempore animi voluptatem. Doloribus ea quisquam expedita officiis dolores et.
Labore sed nihil ut ducimus quam quisquam. Sunt non quo velit officiis voluptates et. Quae eos excepturi qui praesentium. Dignissimos voluptatem illo itaque voluptas magni voluptas.
Voluptatum ex adipisci rerum molestiae nemo sed rerum. Quo incidunt minima voluptatem et deleniti atque nihil. Repudiandae quia nihil ipsa maiores. Ut quis quis occaecati est in placeat. Esse eveniet vitae debitis ducimus ab neque sed. Suscipit voluptatem nihil dolorem exercitationem natus.
Aut tenetur et soluta deleniti impedit modi aperiam. Ad quia doloremque qui nulla incidunt eos cum fugiat. Molestiae qui dolorem odit molestiae dolores qui.
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...