Wells Fargo vs BofA
What are folks thoughts on how WF stacks up against BofA, from a pay, culture, dealflow standpoint.
I am in talks to lateral to a few banks in early 2025 and WF is one of them. When I talk with peers, feedback is mixed. Some say I’m foolish to leave BofA for a “less desirable” bank from a career progression and resume standpoint. Other say WF is a better option because they consistently pay better, have better internal strategy / management, and the bank is on the rise as opposed to the decline.
Does anyone have insights to how the pay, culture, operations etc works behind the scenes at these places? I’m aware that BofA has a better brand and deal flow, while Wells pays better and (debatably) has a slightly better culture. It also seems like BofA gets a ton of hate on WSO, particularly lately. Any other thoughts are appreciated.
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