Tanya Sanders will be the new head of Wells Fargo Auto. She brings over two decades of financial services experience to the role and succeeds Laura Schupbach, who recently announced her decision to retire after 26 years with Wells Fargo. read more

JUL 23, 2021 - 6:20 am

This year’s ranking of the Monitor’s top 40 players in the vendor channel illustrates an almost even split in performance, with 19 respondents reporting net gains and 21 posting declines. With collective vendor channel originations of $39,958.8 million, the group performed better than many anticipated this time last year with a net decline of 3.2%.... read more

Vol. 48 No. 3 2021

Bei Ling will join Wells Fargo on Oct. 1 as head of human resources. She will report to Charlie Scharf, CEO of Wells Fargo, and serve on the company’s operating committee. Ling previously worked for JPMorgan Chase, PNC and Merrill Lynch. read more

JUL 9, 2021 - 6:14 am

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