Does anyone have insight on what the Wells Fargo LA scene? I’ve heard mixed things: some say it’s mostly mid-cap banking, others that it’s mainly REGAL and FIG. Any info on group coverage, culture, comp, and hours would be helpful. Thanks in advance.
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Based on the most helpful WSO content, Wells Fargo's Los Angeles office primarily focuses on regional coverage and middle-market (MM) investment banking. Historically, they also had a Sponsors group, but it seems their current focus leans more towards MM banking.
In terms of specific groups, Wells Fargo has been noted for its REGAL (Real Estate, Gaming, and Lodging) practice, which is considered one of the best groups at the bank, consistently performing well in league tables. However, there isn't specific mention of REGAL or FIG being dominant in the LA office itself.
For culture, Wells Fargo's LA office is generally described as having a regional and middle-market focus, which might suggest a more tight-knit and less intense environment compared to larger BB offices. However, detailed insights on compensation and hours specific to the LA office are not explicitly mentioned in the dataset.
Sources: IB in Los Angeles - banks, groups, culture?, IB in Los Angeles - banks, groups, culture?, Wells Fargo REGAL, Wells Fargo Groups, Los Angeles IB
Mid-cap + one REGAL MD
Mid-cap group is separate. Other group will be the New FS MDs moving over, healthcare and Regal generalist role for analyst and associate.
FS?
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