Wells Fargo or RBC for REGAL NY

Considering both of these banks. Both REGAL teams are in NYC.

I have vibed with the WF team and they all seem super sharp and fun to be around. Even the MD was very interesting and straightforward, which I like. 

RBC culture wasn't bad but the bankers definitely seemed more on the nerdier side.

With that said, which bank has a stronger REGAL team? I have read that both are great. WF does seem to be involved in more RE deals with BX and other large sponsors. I also know they are the largest CRE lender. 

Not worried about exits... just looking to be a career banker, get great RE deal flow, great comp., and a great culture. 

Comments (14)

  • Prospect in IB-M&A
12d 

Only a college student, but it seems choice is clearly wells on this one. 1) culture is better 2) pay is equal 3) wells is growing and improving + RE is already one of if not their strongest group.

If you're there for the long haul then wells makes way more sense in my mind

  • Prospect in IB - Cov
12d 

Would you say one of the top regal groups on the street? Seems like they are very strong 

  • Intern in IB - Gen
12d 

wells no doubt about it. they have a placement process though are you in the group for sure? culture is awesome, comp is good and exits are amazing.

  • Prospect in IB - Cov
12d 

yea I have a good feeling I'll get the group if I rank it 1. Exits are amazing for REGAL specifically? because based on WSO, exits aren't generally amazing from WF

  • Intern in IB - Gen
12d 

yeah from what I have seen the REPE exits are very strong. ask some people in the group to get more clarity on it. let me know if you fid out for sure

  • Associate 1 in CorpStrat
12d 

Wells, but are you guaranteed REGAL? If not, it's not the end of the world since both banks are pretty similar

  • Prospect in IB - Cov
11d 

I was told that if I put it down as my #1, i would get the placement. I networked very well with the group.

Any other insight on the group? 

  • Analyst 2 in IB - Cov
11d 

Their process is super fucked, know a lot of people that got shafted in the last two intern classes - even when they networked. That being said if they already know you now, like you, and you can keep the connection warm you'll 100% get it

11d 
stacks0623, what's your opinion? Comment below:

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