WF is so back.
Asset cap lifted Tuesday, 19B sole advisor mandate announced Wednesday.
See below for big deals announced since mid-April.
Cox / Charter Comms: $34.5b (Co-Advisor, Cox)
Worldpay -> GPN: $24.3b (sole advisor, Worldpay)
Chart / Flowserve: $19b (sole advisor, Charter)
TXNM -> Blackstone: $11.5b (lead advisor, TXNM)
In past 60 days: $89.3b of txns announced.
This is actually wild. It’s crazy to see this much momentum this quick
All new talent on the top and crazy big analyst classes are growing them quick
Very impressed with their performance recently. There’s lot of whale hunting going on in the WF offices.
I don’t think the momentum can be sustained to this degree… but in any event they are absolutely ripping some massive deals
heck yeah WF on top. My friends who made fun of me for picking Wells are prob kicking rocks at BNP Paribas right now.
The size of the SA class this year reflects the firm’s ambition to grow from the ground up. It’s also the first year they’ve made a serious effort to attract diverse talent from top schools
Wait till you see next summers 😭
You think it’ll be bigger next summer?
Ah yes, sole advisor on Worldpay...
What is this from? WF is the only advisor named in the press release, I assume these are all lenders? https://www.reuters.com/markets/deals/global-payments-buy-worldpay-227-…
"Goldman Sachs advised FIS, Wells Fargo advised Worldpay, and Morgan Stanley served as financial advisor to GTCR. " Rest are passive my guy, stop hating lol
Screenshot above is from the FactSet monthly M&A league tables
https://go.factset.com/hubfs/mergerstat_em/monthly/US-Flashwire-Monthly.pdf
Do some more research buster.
FYI - can confirm wells was the sole advisor. Heard MS wasn’t even looped in.
WF just sent all interns to Disneyland for a week!
Bro what no way
Second year they’ve done it
any team building for incoming analysts lmao
Golden age of wells!!! MWFGA!!
Screw all of the terrible very bad people who said we couldn’t do it (UBS, BofA).
Cornball
Never heard of any of these companies in my life. Who cares?
You never heard of world pay? Or cox?
This gotta be a you problem
The 8 people who glaze WF in every thread are back. Don’t worry, your bank still isn’t a BB
OP is stating the numbers and some are just humorous
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