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Too many changes at IB

Senior Software Engineer
Former Employee
Worked at Wells Fargo for 4 years
May 4, 2023
4.0
Doesn't RecommendNegative OutlookApproves of CEO
Pros

WF didn't have a decent IB division until they acquired Wachovia during the 2009 banking crisis. People who came from Wachovia are good to work with and knowledgeable.

Good benefits.

Equities, Commodities, and Regulatory departments are going through a multi-year revamp with good opportunities.

Cons

Lack of clarity in execution. Too much employee turnover. Bangalore and Hyd locations have a lot of clout over technology decisions, which affects the morale of US workers. The company doesn't have the technology prowess or money to compete with other big players on the street.

Additional Ratings

Work/Life Balance
4.0
Culture and Values
4.0
Diversity, Equity, and Inclusion
5.0
Career Opportunities
3.0
Compensation and Benefits
4.0
Senior Management
3.0

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