MM120: J.P. Morgan, Citi, Wells Fargo & BlackRock earnings explained!
Market Maker
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Wells Fargo Hires Smart Bankers in the IB Space
Wells Fargo hired a couple of M&A bankers from Barclays and they're pinching them from city group as well. Is that is that meaningful or not? I guess it just makes sense, doesn't it? And maybe you can tie that into peers's earlier comments. If if you feel like the going is good at the moment, but you may be slightly overexposed to a particular loan book within a particular market, maybe this is the time to pick up some smart bankers.
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