Fernando Rivas, who joined Wells Fargo in May as co-CEO of the corporate and investment bank (CIB), will take over as the unit's sole leader. "Since Jon started leading CIB in early 2020 ...

Meanwhile, Jon Weiss, the co-CEO of Wells Fargo's corporate and investment bank, has announced his retirement. His position will be taken over by Fernando Rivas, who joined Wells Fargo in May.

Fernando Rivas, joined Wells Fargo & Company last year with nearly 30 years of industry experience is now the sole CEO of a corporate and investment banking. We are also focused on expanding our ...