NEW YORK - September 16, 2013
Wells Fargo Securities, part of Wells Fargo & Company (NYSE: WFC), ranked number one in High Grade Research and number four in High Yield Research in Institutional Investor’s recently released 2013 Fixed Income Research Survey results.
“Wells Fargo is dedicated to providing our clients with relevant insight and thought-leadership and continues to invest in our award-winning research team,” said Diane Schumaker-Krieg, global head of Research, Economics and Strategy at Wells Fargo. “Our research analysts, economists and strategists collaborate across the capital structure to bring clients a holistic view of the companies within our coverage universe. This collaborative approach sets us apart from competitors and contributes to the ongoing success of our research department.”
In addition to the overall team rankings from Institutional Investor, many Wells Fargo research analysts received individual sector accolades. Highlights from the survey include the following rankings:
High Grade Research
- #1: Insurance ; REITs
- #2: Aerospace & Defense; Banks; Energy; Media & Entertainment; Nonbank Financials; Telecommunication Services; Transportation
- #3: Basic Industries; Manufacturing • Runner Up: Electric Utilities; Technology
High Yield Research
- #1: Building; Consumer Products; Food & Beverages
- #3: Energy; Gaming & Lodging; Retailing
- Runner Up: Manufacturing/General Industrials
- #1: Collateralized Loan Obligations
“We are very proud of our entire research team,” added Schumaker-Krieg. “The performance was outstanding across the board with analysts holding or improving their rankings in nearly every sector.”
About Wells Fargo Securities
Wells Fargo Securities delivers a comprehensive set of capital markets products and services, including public debt and equity origination and distribution, investment research, interest rate, commodity and equity risk hedging, mergers and acquisitions advice, prime services, structured lending facilities and municipal bond origination. The institutional capital markets business is comprised of more than 4,000 team members in 40+ offices across the U.S., Europe and Asia.
Wells Fargo Securities is the trade name for certain capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Securities, LLC, member NYSE, FINRA, NFA and SIPC, Wells Fargo Institutional Securities, LLC, member FINRA and SIPC, Wells Fargo Prime Services, LLC, member FINRA, NFA and SIPC, Wells Fargo Bank, National Association, Wells Fargo Securities International Limited (authorized by the U.K. FSA), Wells Fargo Securities Asia Limited (licensed by the HK SFC), and Wells Fargo Securities (Japan) Co., Ltd. (registered with the KLFB).
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at blogs.wellsfargo.com.
Shelley Beason 704-715-2471