Discover your dream Career
For Recruiters

This US investment bank has quietly increased its London staff by 28%

Europe is a growth market for U.S. banks. Every time Goldman Sachs talks about its quarterly results, it says Europe's an area of focus and that the slow withdrawal of European banks from the investment banking arena is creating opportunities for U.S. banks which stay the course.

Goldman hasn't committed to European hiring, but one US investment bank certainly has: Wells Fargo Securities.

(Related stories:

The happiest little investment bank on the street is hiring

Seven situations in which it's a bad idea to look for a new job

Pay $7k and get a job at Goldman Sachs, or JP Morgan, or Morgan Stanley?)

We've highlighted Wells Fargo's European hiring plans in the past. In February, a Wells Fargo Securities insider told us the bank was hiring across the board. In January, Wells Fargo hired Joe Saffire as head of investment banking for EMEA with a mandate to grow its business across the region.

Since then, it seems Wells Fargo Securities International has increased London headcount substantially. The UK's Financial Conduct Authority (FCA) Register shows that the Bank has added 19 registered people in London this year - an increase of nearly 30%.

Wells Fargo didn't respond to a request for comment on its hiring plans. However, the FCA Register indicates that in recent months it's been poaching experienced staff from rival firms. In the past few months, it's added Robert Fernandez as a managing director in DCM syndicate from BNP Paribas, Hilary Halper from Deutsche Bank as a VP in M&A, and Charles Spungin from Pineridge Investments as a senior client services professional.

author-card-avatar
AUTHORSarah Butcher Global Editor

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Latest Jobs
Anson McCade
KDB+ Developer
Anson McCade
New York, United States
Selby Jennings
VP Data Engineer
Selby Jennings
Boston, United States
Larson Maddox
Quant Modeler - Fixed Income/ Credit
Larson Maddox
North Platte, United States
AXA Investment Managers
Junior Investment Support Analyst
AXA Investment Managers
Greenwich, United States
Anson McCade
Quantitative Developer
Anson McCade
New York, United States

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.