CHARLOTTE, N.C.--(BUSINESS WIRE)--Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company (NYSE:WFC), announced today that Jim Jeffries and Gary Wolfe have been appointed co-heads of the Loan Syndications and High Yield Debt Capital Markets group, effective October 1st. Their expanded roles include leading Investment Grade Loan Syndications, Real Estate Syndicated Finance and Loan Sales, in addition to maintaining responsibilities for Leveraged Finance, High Yield Capital Markets and Leveraged Syndicate. Jeffries and Wolfe, both based in Charlotte, will succeed Frank Pizzo, who was recently named regional president for Europe, Middle East & Africa (EMEA) in Wells Fargo’s International group. They will report directly to Rob Engel, head of the Investment Banking and Capital Markets group.
“Jim and Gary bring more than 40 years of combined investment banking experience, including deep loan and fixed income capital markets expertise,” stated Engel. “They are both extremely strong leaders who understand our focus on building long-term institutional relationships in order to help our customers and the company be successful.”
Jeffries and Wolfe currently serve as managing directors and co-heads of the Leveraged Finance group, which is responsible for the origination and execution of leveraged loans, high yield securities, and other junior capital products across all industry sectors. Both Jeffries and Wolfe joined Wells Fargo in 2004 to expand acquisition finance capabilities of the company. Prior to joining Wells Fargo Securities, Jeffries and Wolfe were managing directors in the Leveraged Finance group at Banc of America Securities.
About Wells Fargo Securities
Wells Fargo Securities delivers a comprehensive set of capital markets products and services, including public debt and equity origination and distribution, investment research, interest rate, commodity and equity risk hedging, mergers and acquisitions advice, prime services, structured lending facilities and municipal bond origination. The institutional capital markets business is comprised of more than 4,000 team members in 40+ offices across the U.S., Europe and Asia.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.7 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 8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 266,000 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. In 2014, Wells Fargo donated $281.2 million in grants to 17,100 nonprofits, and team members volunteered 1.74 million hours around the country. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.