Wells Fargo Selects Investment Banking Heads

01-09-2009

Wells Fargo has appointed Robert Engel and Jonathan Weiss as heads of its investment banking and capital markets business, Reuters reports. Engel and Weiss were formerly with Wachovia, in which they held similar positions.

The two will be in charge of the former Wachovia investment banking business, as well as Wells Fargo Securities, Barrington & Associates, loan syndications and private placements. Stephen Cummings, who had run Wachovia’s corporate and investment bank, did not join Wells Fargo.

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