Wells Fargo Appoints Ex-JP Morgan Executive Fernando Rivas as Co-CEO
On May 8, 2024, Wells Fargo announced the appointment of former JPMorgan Chase executive Fernando Rivas as Co-CEO of its Corporate and Investment Banking (CIB) division, signalling a strategic move to enhance its presence in the Wall Street market.
Wells Fargo Sued For $34mn By Former CEO Tim Sloan
Tim Sloan, the former CEO of Wells Fargo, has sued the company, claiming unpaid wages totaling more than $34 million.