Wells Fargo IB/ABF Reputation & Culture

Obviously the commercial bank has had its issues, but what is it like working in their IB/ABF groups from those who have? What is their reputation as an IB? Would love to hear different opinions from everyone.

17 Comments
 

Do you know if there will be lateral hiring for your team? Any 2nd years planning on leaving?

 

tyronejinga

Reputation and Culture:

"While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of Black talent to recruit from."

- Charles W. Scharf, CEO

He's not wrong.  Tech companies tried really hard to increase the number of female software engineers...and what they found was that there simply weren't that many that could pass the rigorous coding interviews.  Its not racist or bigoted.

 

The quote is accurate.

But that’s not the culture of WF. Every recruiter I’ve talked to and every info session I’ve been to for the bank tours how diversity and inclusion is the core value of the business. Even the CEO on that same call echoed similar sentiments. 

 

Blanditiis illum similique sit temporibus sit quis ut. Ut sed architecto pariatur asperiores nam itaque.

Sit iste reiciendis officiis. Fugit aliquid est dignissimos reiciendis sequi blanditiis iusto. Nihil sed quia dolor dolorem vero cumque est excepturi.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”