Wells Fargo named Julie Caperton head of its private bank, which is a division of its wealth and investment management (WIM) business. This role will be in addition to Caperton’s current position as head of the banking, lending and trust center of excellence for WIM. read more

JUN 18, 2021 - 6:20 am

Wells Fargo named Ruth Jacks head of data and transformation for commercial banking. Jacks joined the company on June 14 and will report to Perry Pelos, head of commercial banking at Wells Fargo. read more

JUN 17, 2021 - 6:17 am

Hilco Global’s commercial industrial team acquired all of the assets of Sutton Leasing, a fleet leasing company based in Sterling Heights, MI, in a multi-million-dollar transaction that closed on May 7. Hilco Commercial Industrial aligned with Wells Fargo to close the transaction. read more

MAY 26, 2021 - 6:14 am

Wells Fargo named Ulrike Guigui head of payments strategy. Guigui will join the company on June 1 and report to Ather Williams III, head of strategy, digital and innovation at Wells Fargo. read more

MAY 25, 2021 - 6:18 am

Monitor caught up with Eric Hanson to talk about four major trends that will shape investment in the equipment finance industry in 2021. As large financial institutions refine their approach to the market and institutional investors continue to favor equipment asset class gains, investors have gained the benefit of premium returns, while equipment finance companies enjoy unprecedented access to capital. ... read more

May 2021

Mary Mack, CEO of consumer and small business banking (CSBB) for Wells Fargo, provided details on the structure of her organization, including the leaders of the team. read more

MAY 14, 2021 - 7:18 am

Wells Fargo named Cynthia Caine the head of its commercial auto group. A 30-year financial services veteran, Caine most recently led the diversified industries group within distribution finance for Wells Fargo. read more

MAY 7, 2021 - 6:28 am

David Galloreese, head of human resources at Wells Fargo, will leave the company on April 23. Kleber Santos, head of diverse segments, representation and inclusion and a member of the operating committee for Wells Fargo, will take on the role on an interim basis. read more

APR 16, 2021 - 6:35 am

Wells Fargo named Reetika Grewal head of digital for commercial banking and corporate and investment banking. Grewal joined Wells Fargo from JPMorgan Chase, where she was most recently the head of digital for the commercial bank. read more

MAR 18, 2021 - 6:23 am

Wells Fargo’s 45th annual construction industry forecast revealed an initial decline in sector sentiment on the tail end of a complicated 2020 and renewed optimism for the second half of 2021. read more

MAR 17, 2021 - 6:37 am

MUFG Union Bank hired Rob Swanson as managing director and Northern California market president. Prior to joining MUFG, he served as a managing director and market executive for the western region at Wells Fargo, covering technology banking. read more

FEB 25, 2021 - 6:39 am

Citizens Bank hired Peter Ulmer as a managing director of the bank’s transitional finance team. Ulmer previously served at Wells Fargo for 20 years and has experience as a financial partner to corporate clients throughout the business life cycle. read more

FEB 23, 2021 - 6:27 am

CIBC joined RMI's Center for Climate-Aligned Finance as a strategic partner. According to CIBC, it is the first Canadian bank to partner with the center's efforts to align financial decision-making with the long-term decarbonization of the real economy. read more

FEB 22, 2021 - 6:39 am

TriState Capital hired James Shenk as vice president and relationship manager of equipment finance for TriState Capital Bank. Shenk most recently served as vice president and equipment finance territory manager at Wells Fargo. read more

FEB 11, 2021 - 6:38 am

Peapack-Gladstone Financial appointed Maureen O’Hara to the role of senior managing director, commercial private banker of its commercial and industrial business. O’Hara most recently served as a principal relationship manager at Wells Fargo. read more

JAN 21, 2021 - 6:53 am