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Wells Fargo s CEO said the bank can look to better link wealth and consumer units for growth. It s what we see with what so many of the other wealth managers have done so well, he said.
Charlie Scharf has remade its wealth arm as he looks to focus on core operations and cut costs.
Wells Fargo Chief Executive Charlie Scharf is looking to drive growth at the bank by leveraging more relationships across its many segments a strategy its biggest rivals have put to work.
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Wells Fargo s private wealth head Julia Wellborn is leaving the firm, Insider has learned.
CEO Charlie Scharf has been remaking Wells Fargo s wealth and investment management unit.
Barry Sommers joined from JPMorgan last summer to head wealth and asset management.
The head of Wells Fargo s private wealth management business is leaving the firm weeks after the bank reorganized the businesses she was hired to oversee, Insider has learned.
Julia Wellborn announced she is leaving Wells Fargo to pursue opportunities outside of the company, a spokesperson for the bank confirmed.
Wellborn joined in summer 2019 from Comerica Bank, where she was head of wealth management. The spokesperson confirmed Friday will be her last day.