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.
“We look forward to leveraging our competitive strengths to drive greater client relevance and increased market share by developing a more diversified set of products and capabilities across asset classes,” Thomas said.
CIB’s markets group consists of the following six business lines:
- Credit sales and trading, led by Thad Sharrett
- Equities, co-led by Judith Barry, head of equity products distribution, and D.J. Langis, head of equity products trading
- Foreign exchange, led by Mark Jones
- Municipal products group, led by Chuck Peck
- Rates, commodities, and credit valuation adjustment, led by Ben Bonner
- Structured products group, co-led by Jennifer Doyle and Chris Pink
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“We are pleased to announce these organizational realignments, designed to better support the advancement of our strategic goals and enable the growth of our markets business,” Riley said.
