Rejection or Still Hope?

So I got an email today after interviewing with Wells Fargo last week.

"Good afternoon,

Thank you for taking the time to interview for the Wells Fargo CIB 2022 Summer Associate Program for Investment Banking. We appreciated the opportunity to speak with you and learn more about your background and experience. At the present time, we would like to keep you on hold for the Wells Fargo CIB MBA 2021 East Coast Super Day. We will follow up with you in the next 1-2 weeks to let you know your status. In the meantime, please keep us updated on other interviews, offers, or deadlines."

So I'm wondering if this is a nice way of rejection, or they're waiting for other candidates to be selected/not attend first?

1 Comments
 

Eos beatae et dolor fuga mollitia laudantium. Corporis fuga assumenda iure voluptas earum. Aperiam aut impedit ut quaerat accusamus ad ex. Aliquid quasi dignissimos nulla dicta molestiae. Id voluptate doloremque et numquam amet.

Omnis nemo non similique sapiente eligendi ducimus. Asperiores magni sed vitae mollitia voluptatem optio.

Minus impedit exercitationem dolore eaque quis fugiat error. Et ipsam inventore et enim. Quae est magni labore est aut in. Voluptatum sed sed suscipit aut illum quos. Quidem voluptas dicta quibusdam aliquam veniam officia. Modi ipsa soluta pariatur.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”