Wells Fargo formed six businesses within its corporate and investment bank’s (CIB) markets group, effective immediately. The leaders of each business line will report directly to Mike Riley and Dan Thomas, co-heads of markets for Wells Fargo. read more

MAY 6, 2022 - 7:32 am

John Crum

Zero emission commercial electric vehicles are here, and more are on the way with market share gains coming faster and higher than you would expect. According to a recent report titled “Charging Forward” by ACT Research, electric powered vehicles could... read more

April 2022

Tim O’Hara will join the corporate and investment bank at Wells Fargo on May 9 as head of banking. In addition, Rob Engel, who has led banking since 2014 and joined Wells Fargo in 2005, will assume the new role of chairman of banking. read more

APR 19, 2022 - 7:11 am

The COVID-19 pandemic has brought a variety of changes to the asset management industry over the last two years. Monitor checks in with two asset managers who discuss the impact of supply chain and manufacturing disruptions as well as changes to the equipment sales market. ... read more

Jan/Feb 2022

According to Wells Fargo’s 2022 construction industry forecast, there is renewed optimism among nonresidential contractors and distributors for increasing profits and new equipment sales in the year ahead. read more

JAN 19, 2022 - 6:23 am

Wells Fargo appointed Derek Flowers chief risk officer. Flowers will lead all aspects of Wells Fargo’s independent risk management function, including compliance risk management. read more

JAN 19, 2022 - 6:21 am

Wells Fargo and HSBC Bank established a bilateral agreement to use a blockchain-based solution for the netting and settlement of matched foreign exchange transactions. read more

DEC 13, 2021 - 6:34 am

Wells Fargo’s renewable energy and environmental finance group closed a tax equity financing for the Arroyo Solar and Storage project with D. E. Shaw Renewable Investments. This is Wells Fargo’s first tax equity investment in a project with co-located battery storage. read more

DEC 3, 2021 - 6:00 am

Wells Fargo named Mike Riley and Dan Thomas co-heads of the markets division of its corporate and investment bank. Riley and Thomas will lead all of Wells Fargo’s corporate and investment bank’s markets-driven activities, including asset-backed finance.   read more

NOV 23, 2021 - 6:06 am

Wells Fargo named Priscilla Wallace head of supplier diversity. Wallace has more than two decades of supply chain and diversity, equity and inclusion experience. She joined Wells Fargo from Foodbuy – Compass Group. read more

NOV 10, 2021 - 6:34 am

Wells Fargo unveiled the new organizational structure for its restaurant finance banking team, with Meghan Hinds tapped to lead the team. read more

NOV 9, 2021 - 6:28 am

Wells Fargo promoted Kristin Lesher, a 21-year veteran of the company, to lead middle market banking. Lesher previously led middle market operations across 19 states, Washington, D.C., and eastern Canada as head of the east region for the company. read more

OCT 25, 2021 - 6:06 am

Wells Fargo appointed Vanessa Rodriguez to lead community lending and investment within its commercial real estate group. During her 20-year career with Wells Fargo, Rodriguez has held various relationship manager roles. read more

OCT 18, 2021 - 6:12 am

Before we jump back to normal, the lessons of the COVID-19 pandemic present an opportunity to create something even better. Monitor sat down with leaders in communications and operations and a CFO to learn about how the biggest takeaways from their pandemic experiences are influencing their future strategies. ... read more

Monitor 100 2021

Wells Fargo announced its new digital infrastructure strategy, combining a multi-cloud approach with third-party data centers. Wells selected Microsoft Azure as its primary public cloud provider and Google Cloud for additional business-critical public cloud services. read more

SEP 16, 2021 - 6:32 am