Heard from a colleague WF has put its investment bank up for sale. Can anyone confirm and if so if it’s all divisions or which parts.
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Is this post in reference to Equity Capital Markets (ECM) and Debt Capital Markets (DCM) out of NYC?
I can confirm with 1,000% certainty that this is not the case. They are not selling the investment arm of the fourth biggest bank in the US.
They should sell Wells Fargo Advisors ASAP
Yes, great point. Some random person on an anonymous site has confirmed “facts” from some random person on an anonymous site. STFU
To all those that didn't believe me when I posted this MONTHS ago, NOW you know.
You're all delusional if you're not aware WF is selling off businesses.
The company is in major trouble.
You mean the brand new CIB division that they just formed? That’s a big part of wholesale.