Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Wells Fargo ranked No. 30 on Fortune's 2020 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy.
IPO Year:
Exchange: NYSE
Website: wellsfargo.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/6/2024 | $67.00 → $65.00 | Outperform | Evercore ISI |
| 9/3/2024 | $65.00 | Hold → Buy | Deutsche Bank |
| 4/9/2024 | $64.00 | Buy → Neutral | Compass Point |
| 3/27/2024 | $56.00 → $62.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 1/18/2024 | Buy → Hold | Odeon | |
| 1/9/2024 | $51.00 | Buy → Hold | Deutsche Bank |
| 1/8/2024 | $55.00 | Outperform → Neutral | Robert W. Baird |
| 12/14/2023 | Hold → Buy | Odeon | |
| 9/7/2023 | $45.00 | Hold | HSBC Securities |
| 7/17/2023 | $43.75 | Buy → Hold | Odeon |
Wells Fargo & Company (NYSE:WFC), as previously announced, will report its third quarter 2024 earnings results on Friday, Oct. 11, 2024, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company's Investor Relations website, the earnings results also will be available on the Securities and Exchange Commission website at https://www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241004252950/en/Facade of a Wells Fargo bank branch in Manhattan. (Photo: Wells Fargo) The company will h
Funding to benefit communities across the region with support for temporary shelter, supplies and other recovery needs As communities across the Southeast grapple with the devastation caused by Hurricane Helene, Wells Fargo is donating more than $1 million for urgent needs such as shelter, supplies, and other ongoing support for residents impacted by the storm. Funding will go to the American Red Cross and local nonprofits like Volunteer Florida through the Florida Disaster Fund to strengthen their capacity to reach those impacted or displaced. "With the widespread destruction brought by Hurricane Helene, we need to come together to help communities recover," said Darlene Goins, president
Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 8.00 percent from 8.50 percent, effective tomorrow, Sept. 19, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240918171443/en/Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) About Wells Fargo Wells Fargo & Company (NYSE:WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banki
Broad suite of new API solutions will provide faster and more flexible inventory management, order processing, invoicing, accounts payable, and supply chain management Wells Fargo & Company (NYSE:WFC) today announced the launch of specialized Application Programming Interfaces (APIs) tailored for its Commercial Banking clients. This expansion of Wells Fargo's API portfolio provides immediate access to real-time data that may help increase sales, improve liquidity, reduce credit risk, and reduce expenses for floorplan and channel finance clients in the following industries: auto, motorsports, outdoor products and equipment, recreational vehicles, consumer electronics, appliances, and techno
- Wells Fargo will provide new U.S. consumer retail financing for vehicle purchase as a co-branded offering, with an estimated transition beginning in April 2025- VWFS continues to lead VWGoA financing solutions for brand and dealer relationships while prioritizing consumer leasing and delivering usage-based products, including mobility solutions RESTON, Va. and SAN FRANCISCO, Sept. 16, 2024 /PRNewswire/ -- Volkswagen Financial Services (VWFS), the captive financial services arm of Volkswagen Group of America, and Wells Fargo (NYSE:WFC) today announced a multi-year co-branded agreement under which Wells Fargo will be the preferred purchase financing provider for the Volkswagen (VW), Audi, a
Wells Fargo & Company (NYSE:WFC) today issued the following statement regarding a formal agreement between Wells Fargo Bank, N.A. and the Office of the Comptroller of the Currency (OCC) related to the bank's anti-money laundering (AML) and sanctions risk management practices. The agreement's requirements include enhancements to AML and sanctions risk management practices, obtaining the OCC's acceptance of the bank's program for assessing the AML and sanctions risks of new offerings, and then providing notice to the OCC before expanding certain of those offerings. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912035828/en/Well
Wells Fargo & Company (NYSE:WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Barclays Global Financial Services Conference on Tuesday, Sept. 10, 2024 at 7:30 a.m. ET. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240903290195/en/Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) The live webcast will be available online at https://www.wellsfargo.com/about/investor-relations/events. A replay of the webcast will be available for three months following the presentation. About Wells Fargo Wells Fargo & Company (NYSE:WFC) is a leading financial services company that
MIAMI GARDENS, Fla., Aug. 30, 2024 /PRNewswire/ -- As a testament to their dedication to honoring the legacy of Historically Black Colleges and Universities (HBCUs), Wells Fargo proudly returns as the official Bank Sponsor for the highly anticipated 2024 Orange Blossom Classic (OBC). Wells Fargo's pivotal role in providing financial empowerment continues to be a cornerstone of this valued partnership. The 2024 OBC, where community, culture, and HBCU pride collide, features a thrilling matchup between the North Carolina Central University Eagles (NCCU), the #1 team in the Mid-Eastern Athletic Conference (MEAC), and the Alabama State University Hornets (ASU), the #1 team in the Southwestern A
ATLANTA, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Trimont, the leading global commercial real estate loan services provider, has entered into a definitive agreement to purchase Wells Fargo's non-agency third-party Commercial Mortgage Servicing (CMS) business, the largest servicer of CRE securitized debt in the U.S. The transaction, backed by Värde Partners, positions Trimont as the largest loan servicer, managing a combined $640 billion of loans in the United States, equivalent to approximately 11% of the U.S. commercial real estate lending market. A leader in complex non-bank credit servicing, Trimont primarily serves non-bank and alternative lenders, while CMS specializes in securitized debt
Wells Fargo & Company (NYSE:WFC) today announced it has entered into a definitive agreement to sell the non-Agency third-party servicing segment of its Commercial Mortgage Servicing (CMS) business to Trimont. The transaction is expected to close in early 2025, subject to satisfaction of customary closing conditions. Wells Fargo will continue servicing Agency/government-sponsored enterprise (GSE) loans and loans held on its balance sheet. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240819273164/en/(Photo: Wells Fargo) "This transaction is consistent with Wells Fargo's strategy of focusing on businesses that are core to our con
Wells Fargo & Company (NYSE:WFC), as previously announced, will report its third quarter 2024 earnings results on Friday, Oct. 11, 2024, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company's Investor Relations website, the earnings results also will be available on the Securities and Exchange Commission website at https://www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241004252950/en/Facade of a Wells Fargo bank branch in Manhattan. (Photo: Wells Fargo) The company will h
Wells Fargo & Company (NYSE:WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240816435117/en/Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol "WFCPrL". The Series L dividend is payable on Sept. 16, 2024, to holders of record as of the close of business on Aug. 30, 2024. A quarterly cash divid
Wells Fargo & Company (NYSE:WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable Sept. 1, 2024, to stockholders of record on Aug. 9, 2024. The third quarter dividend represents an increase of $0.05 per share, or 14%, from the prior quarter. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240722256999/en/Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) About Wells Fargo Wells Fargo & Company (NYSE:WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mor
Wells Fargo & Company (NYSE:WFC) has released its second quarter 2024 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on July 12, 2024, and available on the SEC's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240711028288/en/Wells Fargo building (Photo: Wells Fargo) Conference call The company will host a live conference call on Friday, July 12, at 10:00 a.m. Eastern time. You may listen to the call by dialing 1-888-673-9782 (U
Wells Fargo & Company (NYSE:WFC), as previously announced, will report its second quarter 2024 earnings results on Friday, July 12, 2024, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company's Investor Relations website, the earnings results also will be available on the Securities and Exchange Commission website at https://www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240705625686/en/Wells Fargo (Photo: Wells Fargo) The company will host a live conference call on Friday
Wells Fargo & Company (NYSE:WFC) today announced that it has completed the 2024 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Company expects its stress capital buffer (SCB) to be 3.8%, which represents a percentage amount of incremental capital the Company must hold above its minimum regulatory capital requirements. The Federal Reserve Board (FRB) has indicated that it will publish the Company's final SCB by August 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240628851200/en/Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) The Company expects to increase its third qua
Wells Fargo & Company (NYSE:WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240517950104/en/Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol "WFCPrL". The Series L dividend is payable on June 17, 2024, to holders of record as of the close of business on May 31, 2024. A quarterly cash dividen
Wells Fargo & Company (NYSE:WFC) today announced that on June 15, 2024 (which, due to the occurrence of a non-business day, will shift to June 17, 2024), it will redeem all 80,000 outstanding shares (the "Redeemed Series S Preferred Shares") of its 5.90% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series S (the "Series S Preferred Stock"). The redemption of the Redeemed Series S Preferred Shares will trigger the redemption of the 2,000,000 outstanding shares of the related depositary shares (the "Redeemed Series S Depositary Shares"), each representing a 1/25 interest in a share of Series S Preferred Stock (the "Series S Depositary Shares"). The redemption price
Wells Fargo & Company (NYSE:WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable June 1, 2024, to stockholders of record on May 10, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240429610544/en/Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) About Wells Fargo Wells Fargo & Company (NYSE:WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four repo
Wells Fargo & Company (NYSE:WFC) has released its first quarter 2024 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on April 12, 2024, and available on the SEC's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240411308579/en/(Photo: Wells Fargo) Conference call The company will host a live conference call on Friday, April 12, at 10:00 a.m. Eastern time. You may listen to the call by dialing 1-888-673-9782 (U.S. and Canada) or 3
Financial giants have made a conspicuous bearish move on Wells Fargo. Our analysis of options history for Wells Fargo (NYSE:WFC) revealed 25 unusual trades. Delving into the details, we found 48% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 18 were puts, with a value of $779,389, and 7 were calls, valued at $661,430. What's The Price Target? Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $67.5 for Wells Fargo during the past quarter. Analyzing Volume & Open Interest Looking at the volume and open interest is an insightful way to conduct due diligence on
Wells Fargo & Co (NYSE:WFC) shares are trading higher by roughly 0.8% to $59.63 during Tuesday’s session. Wells Fargo shares have been mostly flat for July after the company earlier this month reported second-quarter financial results. Analysts overall provided mixed reactions to the earnings report. Goldman Sachs’ Richard Ramsden maintained a Buy rating but lowered the price target from $71 to $64. Despite earnings of $1.33 per share beating the consensus of $1.25, core earnings were in line at $1.42 per share. Concerns were raised about a $350 million headwind to net interest income (NII) in 2024 due to repricing of wealth management sweep deposits. Analyst Gerard Cassidy rei
Warren Buffett's Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) has offloaded approximately 33.9 million shares of Bank of America (NYSE:BAC), equivalent to around $1.48 billion, as per a regulatory filing with the U.S. Securities and Exchange Commission (SEC.) What Happened: The transactions were executed this week, bringing down Berkshire Hathaway’s ownership to about 999 million BofA shares. The Charlotte, North Carolina-based bank lists Berkshire as one of its biggest shareholders. Berkshire, under the leadership of Buffett, holds a diverse portfolio of bank investments, encompassing stakes in Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase (NYSE:JPM). The conglomerate first invested i
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume BAC CALL SWEEP BEARISH 07/19/24 $42.00 $49.2K 23.3K 2.0K COIN CALL TRADE BEARISH 08/16/24 $250.00 $36
BlackRock, Inc. (NYSE:BLK) is selling $2.5 billion in U.S. investment-grade bonds to help pay for its $3.2 billion acquisition of private-markets data company Preqin. What Happened: According to Bloomberg, citing an anonymous source, BlackRock Funding plans to sell the notes in three tranches. The longest part of the deal matures in 30 years. It expects to yield one percentage point above Treasuries. BlackRock did not immediately respond to Benzinga’s request for comment on the reported transaction. BlackRock agreed to acquire London-based Preqin as part of an effort to grow its presence in private-markets investing. In January, the firm spent $12.5 billion to take over Global In
Whales with a lot of money to spend have taken a noticeably bullish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 28 trades. If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 35% with bearish. From the overall spotted trades, 20 are puts, for a total amount of $825,195 and 8, calls, for a total amount of $470,537. Expected Price Movements Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $65.0 for Wells Fargo over the last 3 months. Insights into Volume & Open Interest Look
Bank of America Corporation (NYSE:BAC), Charles Schwab Corporation (NYSE:SCHW) and Morgan Stanley (NYSE:MS) are expected to report their second-quarter earnings on Tuesday. Analysts expect Bank of America to post earnings per share (EPS) of 80 cents alongside $22.52 billion in revenue for the quarter, according to data from Benzinga Pro. A year ago, the bank reported 88 cents EPS and $25.3 billion in revenue. Schwab is expected to register 72 cents EPS and report $4.68 billion in revenue for the three-month period. The bank posted 75 cents EPS and $4.656 billion in revenue during the same period in 2023. Morgan Stanley analysts forecast $1.65 EPS and $14.299 billion in revenue f
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Evercore ISI reiterated coverage of Wells Fargo with a rating of Outperform and set a new price target of $65.00 from $67.00 previously
Deutsche Bank upgraded Wells Fargo from Hold to Buy and set a new price target of $65.00
Compass Point downgraded Wells Fargo from Buy to Neutral and set a new price target of $64.00
Keefe Bruyette downgraded Wells Fargo from Outperform to Mkt Perform and set a new price target of $62.00 from $56.00 previously
Odeon downgraded Wells Fargo from Buy to Hold
Deutsche Bank downgraded Wells Fargo from Buy to Hold and set a new price target of $51.00
Robert W. Baird downgraded Wells Fargo from Outperform to Neutral and set a new price target of $55.00
Odeon upgraded Wells Fargo from Hold to Buy
HSBC Securities initiated coverage of Wells Fargo with a rating of Hold and set a new price target of $45.00
Odeon downgraded Wells Fargo from Buy to Hold and set a new price target of $43.75
Wells Fargo & Company (NYSE:WFC) announced today that Bridget Engle has been named Senior Executive Vice President (SEVP) and Head of Technology, reporting to Wells Fargo CEO Charlie Scharf and joining the company's Operating Committee, effective August 12, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240730039323/en/Exterior view of a Wells Fargo branch (Photo: Wells Fargo) Engle will be responsible for all technology across the Company. She brings more than 30 years of experience managing large, global technology organizations in complex financial institutions. Engle joins Wells Fargo from BNY where she served as SEVP
Wells Fargo & Company (NYSE:WFC) announced today that Fernando Rivas has been named SEVP and Co-CEO of Corporate & Investment Banking (CIB), reporting to Wells Fargo CEO Charlie Scharf and joining the company's Operating Committee, effective today. Rivas and Jon Weiss, who has been CIB's CEO since February 2020, will lead the business together. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240508507114/en/A Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) Rivas joins Wells Fargo after a nearly 30-year career at JP Morgan Chase & Company (JPMC). He was most recently JPMC's Head of North American Inv
Shareholders elect 13 director nominees, including one new independent director Wells Fargo & Company (NYSE:WFC) announced today that its shareholders elected as directors the 13 nominees named in the company's proxy statement, including a new independent director: Fabian T. Garcia. Upon his election, Garcia was appointed to the Board's Finance Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240430442738/en/Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) "I look forward to working with Fabian and the rest of the Board as we continue to transform Wells Fargo," said Wells Fargo CEO Charli
Wells Fargo & Company (NYSE:WFC) announced today that Jason M. Rosenberg will join the company on April 15 as Head of Public Affairs, reporting to CEO Charlie Scharf and joining the company's Operating Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240410934489/en/(Photo: Wells Fargo) As Head of Public Affairs, Rosenberg will have responsibility for the company's Corporate Communications, Corporate Marketing, Government Relations and Public Policy, Philanthropy and Community Impact, and Sustainability groups. Rosenberg has extensive experience in finance and public policy. He joins Wells Fargo from Block, Inc., whic
Wells Fargo & Company (NYSE:WFC) today announced that Doug Braunstein will join the company as Vice Chairman, effective February 28. Braunstein brings a broad set of financial services experiences to Wells Fargo, with particular expertise in serving as an advisor to boards and CEOs on strategic alternatives. At Wells Fargo, Doug will work alongside our business leaders and bankers on growing the company's corporate finance and advisory businesses, while also providing counsel to Wells Fargo senior management on broader business issues. He will report to CEO Charlie Scharf. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240227742
Wells Fargo today announced that its Vice Chairman, Thomas R. Nides, has decided to leave the company to return his attention to events in the Middle East. Nides joined the company in September after retiring in July as U.S. Ambassador to Israel, a post he had held since 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231027595708/en/Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) William M. Daley, Wells Fargo's Vice Chairman of Public Affairs until last month, will return to his prior role, effective immediately. The company will re-start a search for Daley's replacement in the coming weeks. Nides s
Wells Fargo & Company (NYSE:WFC) announced today that Thomas R. Nides will join the company in October as Vice Chairman, reporting to CEO Charlie Scharf and joining the company's Operating Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230922907701/en/(Photo: Wells Fargo) As Vice Chairman, Tom will have a broad role across the company. He will be a close advisor to Wells Fargo senior management on a range of issues, including banking and management, and he will work alongside the company's business heads as it continues to expand client relationships. The company's Public Affairs function – which includes Government R
Wells Fargo today announced that William M. Daley, the company's vice chairman of Public Affairs, will retire at the end of this year. Daley joined Wells Fargo in 2019 from BNY Mellon to lead Public Affairs, a newly created corporate function spanning Government Relations, Corporate Communications, Corporate Branding, Community Relations, the Wells Fargo Foundation, and other areas. "Bill has been an invaluable asset to the company," said Charlie Scharf, Wells Fargo's CEO and president. "During his time at Wells Fargo, we've strengthened our relationships with the communities we serve; established new programs in housing, small business, and other areas that have had an impact on hundre
Santos has served as the company's head of Diverse Segments, Representation and Inclusion since November 2020 Wells Fargo announced today that Kleber Santos has been appointed the company's CEO of Consumer Lending, effective immediately. Santos will lead all aspects of Wells Fargo's Consumer Lending business, including Home Lending, Auto, Credit Cards and Merchant Services, and Personal Lending. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220710005080/en/Kleber Santos, CEO of Consumer Lending (Photo: Wells Fargo) Santos has served as the company's head of Diverse Segments, Representation and Inclusion (DSRI) since November 20
Wells Fargo & Company today announced that Sol Gindi is the new head of Wells Fargo Advisors (WFA) and head of the Wealth & Investment Management (WIM) Client Relationship Group, reporting to Barry Sommers, head of WIM. In this role, Gindi will lead the Wells Fargo brokerage and wealth management channels, the independent business, and First Clearing. Every advisor leading a client relationship reports up to him. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220513005446/en/Sol Gindi of Wells Fargo (Photo: Wells Fargo) Jim Hays, who has been in this role since July 2019, has announced his retirement after 35 years in financial s