Wells Fargo Expands Commercial Banking Healthcare Team by More Than 30%, Increasing Specialized Coverage Across Healthcare Services, MedTech, and BioPharma Sectors

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Commercial Banking has aggressively expanded its team of healthcare industry bankers by more than 30% since the start of 2025, with more hires expected in the second half of the year. The team’s expansion is being fueled by continued growth in the U.S. healthcare sector, coupled with client demand for specialized coverage.

This is the largest investment in talent Commercial Banking has made to date in the Healthcare Banking group, which provides industry-specialized banking services and advice to middle market companies across the Healthcare Services, MedTech, and BioPharma sectors of the for-profit Healthcare industry.

“Our investment in talent is a proof point of Wells Fargo’s commitment to supporting healthcare businesses with specialized expertise, products, and services. We are passionate about helping healthcare companies achieve their strategic and growth objectives,” said Wallace Saunders, Wells Fargo Healthcare Banking executive.

Most recently, Healthcare Banking has added healthcare industry relationship managers to serve key markets across the U.S., including Chicago, Florida, the Mid-Atlantic, Nashville, Northern Texas, and Southern California.

Healthcare Banking is part of Wells Fargo Commercial Banking’s Specialized Industries group, led by Mary Katherine DuBose, which provides specialized banking coverage across a range of targeted industries.

“Healthcare Banking is a priority sector for Wells Fargo. We will continue strengthening our team to bring our full capabilities to clients so they can deliver better outcomes and drive efficiencies in this essential U.S. industry,” said DuBose.

Augmenting the expansion of the Healthcare Banking team, Eric Pashley recently joined Wells Fargo’s Equipment Finance team as a Specialty Lending market leader, focused on healthcare equipment financing.

“Equipment financing in the healthcare industry is a key focus for our team, and we see great opportunities to enhance existing bank relationships and drive new client growth,” said John Crum, Commercial Banking head of Specialty Equipment Finance and Leasing at Wells Fargo. “Working together with our Specialized Industries group, we will bring a ‘one bank’ approach to all commercial clients and provide a deeper level of service,” added Crum.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.0 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 Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

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News Release Category: WF-LO