Wells Fargo is hiring the former JPMorgan Chase executive Fernando Rivas, in a bid by the San Francisco lender to build out its relatively small Wall Street businesses.
Rivas will run Wells Fargo’s corporate and investment bank alongside Jon Weiss, another JPMorgan veteran, bank officials told The Wall Street Journal. JPMorgan said last year that Rivas would leave after nearly three decades there, most recently as head of North American investment banking.