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Wells Fargo Securities Broadens Energy Coverage with Senior Research Hire, Judson Bailey

Senior Equity Research Addition to Lead Oil Service Sector

NEW YORK--(BUSINESS WIRE)--Wells Fargo Securities, part of Wells Fargo & Company (NYSE:WFC), announced today that Judson Bailey will be joining the Equity Research Department as a managing director and senior analyst covering the Oil Service sector. He will be based in Houston, jointly reporting to Sam Pearlstein and Todd Wickwire, co-heads of U.S. Equity Research.

“Jud is widely recognized by investors and issuers as a thought leader in oilfield services, and will be a pivotal part of our industry-leading energy research franchise.”

“Wells Fargo’s Research Department is delighted to add talent of Jud’s caliber to the team,” said Diane Schumaker-Krieg, global head of Research, Economics & Strategy at Wells Fargo Securities. “Jud is widely recognized by investors and issuers as a thought leader in oilfield services, and will be a pivotal part of our industry-leading energy research franchise.”

Jud joins Wells Fargo Securities after several years at ISI Group where he was a senior managing director and head of Oil Service Equity Research. During his time at ISI, he led the firm’s highly regarded research team, and in 2013 ranked runner-up in the Oil Service and Equipment sector in Institutional Investor’s annual “All-America Research” survey. Prior to joining ISI, Jud spent more than nine years at Jefferies & Company where he became the firm’s senior Oil Service research analyst.

About Wells Fargo Securities

Wells Fargo Securities delivers a comprehensive set of capital markets and advisory products and services, including debt and equity origination and distribution, investment research and economic insights, interest rate, commodity and equity risk management, structured lending facilities, securitization, prime brokerage, clearing and fund services.

Wells Fargo Securities is comprised of nearly 4,800 team members in 40+ offices across North America, Europe and Asia.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.5 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives and stories are also available at blogs.wellsfargo.com and at wellsfargo.com/stories.

Contacts

Wells Fargo & Company
Media
Shelley Beason, 704-715-2471
shelley.beason@wellsfargo.com
@shelleybeasonWF