Wall Street Banks Vie for Anthropic Staffers' Windfall Wealth

Wall Street banks are competing not only to handle Anthropic PBC's initial public offering but also to manage the wealth its employees will gain after the listing. According to people familiar with the matter, Goldman Sachs Group Inc., Bank of America Corp., and others have been discussing how to advise Anthropic staff on their anticipated windfalls.

The big banks want to provide a list of advisers for Anthropic's employees, who are expected to amass significant wealth after the IPO. This includes firms like Bank of New York Mellon Corp.'s wealth unit, JPMorgan Chase & Co., and Wells Fargo & Co.