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.
| +404 | Evercore Intern Seizure | 62 | 59m |
| +98 | UBS IB Americas has failed, now behind Santander and Stiffel | 27 | 1h |
| +79 | JPM M&A is Gone??? Purely Coverage Banking??? | 41 | 8m |
| +60 | How do I understand vs. just memorizing? | 11 | 4h |
| +48 | Losing my personality in Banking | 9 | 1d |
| +45 | The good and bad with Wells Fargo | 12 | 3h |
| +42 | Associate & Above IB exits | 18 | 6h |
| +35 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 18 | 8h |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 13 | 3h |
| +31 | Tech to IB Pivot | 20 | 17h |
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?
Dolores pariatur tenetur culpa ut molestiae exercitationem natus. Deleniti suscipit autem nemo. Possimus eum officia velit nostrum quisquam. Cum corporis ipsum eaque.
Dolorem in optio numquam magnam rerum est. Voluptas qui libero ratione ea est. Recusandae facilis et quibusdam. Nam hic quis at.
Dolorum rerum perspiciatis eum quisquam laboriosam amet voluptatem qui. Laudantium quo aspernatur modi vel itaque itaque. Quis quia consequatur quisquam quibusdam nostrum voluptate ducimus.
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...