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.

As a young dealmaker at a rival bank, Fernando Rivas was one of the architects of the crisis-era merger that created the modern Wells Fargo & Co. Now, he’s running that firm’s most important ...

Fernando Rivas, who has been leading CIB alongside Weiss, will now be the sole head of the business unit. Weiss, who has had a two-decade-long career at Wells Fargo, served in a number of roles.

Fernando Rivas, who joined Wells Fargo in May 2024 as Co-CEO of CIB, will become CIB’s sole CEO. "Jon has a long and distinguished track record of success in financial services, ...

Fernando Rivas, who joined the company as co-CEO of CIB in May 2024, will take over as the sole CEO of the division. Weiss's ...

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.

Wells Fargo also has more room to focus on the Wall Street businesses, ... where it has tapped Fernando Rivas as head and hired dozens of senior bankers. It will also likely cut costs.

Fernando Rivas recently joined Wells Fargo as Co-CEO of Corporate and Investment Banking. Fernando has deep knowledge of our industry, and his background and skills complement the terrific team ...

"Since Jon started leading CIB in early 2020, CIB net income is approximately 40% higher" said Wells Fargo CEO Charlie Scharf. Fernando Rivas, who has been leading CIB alongside Weiss, will now be ...