Mack to Retire as CEO of Consumer and Small Business Banking at Wells Fargo

Mary Mack will retire this summer as CEO of consumer and small business banking (CSBB) at Wells Fargo. Saul Van Beurden, the current head of technology for the company, will succeed Mack, effective May 15. read more

APR 14, 2023 - 7:04 am

Cannava to Lead Multifamily Capital at Wells Fargo

Wells Fargo's corporate and investment bank appointed Peter Cannava to lead multifamily capital within its commercial real estate group. In his role, Cannava will oversee all teams that execute on government‑sponsored enterprise financing. read more

FEB 14, 2023 - 7:05 am

Fitch Downgrades Wells Fargo Bank’s LT/IDR to AA-

Fitch Ratings downgraded the long- and short-term issuer default ratings of Wells Fargo & Company to ‘A+/F1’ from ‘AA-/F1+’. Fitch also downgraded the LT IDR of Wells Fargo Bank to ‘AA-‘. read more

OCT 5, 2017 - 6:34 am