Wells Fargo Vice President Investment Banking Reviews | Glassdoor

Wells Fargo Vice President Investment Banking Reviews

2 reviews

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Vice President Investment Banking

3.0
StarStarStarStarStar
Recommend to a friend
Approve of CEO
Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
0 Ratings

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Pros
Cons
  • "Sometimes difficult work life balance" (in 372 reviews)

  • "Can be hard to reach sales goals" (in 1273 reviews)

More Pros and Cons

  1. "A good place to work but a little close-minded"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Vice President in Charlotte, NC
    Current Employee - Investment Banking Vice President in Charlotte, NC
    Recommends
    Approves of CEO

    Pros

    Emphasis on work / life balance for everyone - they expect you to turn off your blackberry on PTO
    Flexibility in determining work locations
    Teamwork is more than a buzzword here

    Cons

    Insular culture that seems to believe the Wells Fargo way is "perfect" and cannot be improved; it doesn't feel very open to new ideas.

    Advice to Management

    Just because Wells Fargo has survived the downturn in relatively good shape, it doesn't necessarily follow that everything inside the company is being done the best way possible. Others have good ideas and should be listened to.


  2. Helpful (1)

    "VP - Public Finance Not-for-Profit Healthcare Investment Banking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President, Investment Banking in New York, NY
    Current Employee - Vice President, Investment Banking in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time (More than 8 years)

    Pros

    - Stable, respected company
    - Competitive compensation/benefits
    - Overall friendly culture relative to bulge IBs
    - Diverse range of LOBs = opps for lateral moves or trying new types of work

    Cons

    - Inconsistent levels of talent across groups
    - Onerous/rigid compliance
    - Extremely conservative credit culture
    - Some lingering cultural differences stemming from pre-merger legacy firms
    - Somewhat stingy about paying for resources (e.g. access to data sources, IT, etc)
    - Still young/smaller in areas of securities, investment banking, capital markets, etc... Growing, but challenged in trying to unseat bulge bracket IBs with longstanding client relationships and brand power

    Advice to Management

    Be more cognizant about work-life balance
    Better rewards/career development for high performers