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Wells Fargo Corporate and Investment Banking Names Jay Bryson Chief Economist

06/08/2020
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CHARLOTTE – Wells Fargo Corporate & Investment Banking (CIB), a division of Wells Fargo & Company (NYSE: WFC), today announced Jay Bryson has been named Chief Economist for its division, effective immediately.

“Under Jay’s leadership, our economics group has made a significant impact across the enterprise and to clients by offering insightful analysis and invaluable information,” said Walter Dolhare, head of Markets for Wells Fargo Corporate and Investment Banking and President of Wells Fargo Securities, LLC. “Jay is an exceptional economist and a highly talented leader, and I am confident our economics group will continue to develop pioneering analysis that is critical to our clients under his strong leadership.”

In this role, Bryson leads the economists and analysts who form the Wells Fargo CIB Economics Group. He and his team provide analysis on economic and financial developments in the U.S. and major foreign economies that can assist clients in their business decisions. The group also makes forecasts of major macroeconomic variables in these economies. Bryson and the other economists on the team are frequently featured as public speakers and widely quoted in the media. Bryson reports to Dolhare. 

Bryson has held the role of Acting Chief Economist since August of 2018. Prior to this, he served as Global Economist at Wells Fargo, providing analysis on macroeconomic and financial developments in the major economies of the world. His research has been published in popular economic journals and cited in top tier media publications. Bryson is often quoted in The Wall Street Journal, The New York Times, and print publications across the country. He also frequently appears on CNBC, Bloomberg, and CNN, among others. 

“It is an honor to be named Chief Economist. I look forward to building upon the success and stellar reputation of our economists who have worked diligently to offer best in class economic analysis,” said Bryson. “Wells Fargo understands how vital economic commentary is during this uncertain time. I am proud to lead this team.”  

Prior to joining Wells Fargo in 1998, Bryson served as an economist in the Division of International Finance at the Federal Reserve Board in Washington, D.C. Bryson is a member of the American Economic Association, the Charlotte Economics Club, and the National Association for Business Economics where he served on its board from 2010-2013. He received his B.A. and Ph.D. degrees in economics from the University of North Carolina at Chapel Hill. 

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.98 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. With approximately 263,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.

Cautionary Statement about Forward-Looking Statements

This news release contains forward-looking statements about our future financial performance and business. Because forward-looking statements are based on our current expectations and assumptions regarding the future, they are subject to inherent risks and uncertainties. Do not unduly rely on forward-looking statements as actual results could differ materially from expectations. Forward-looking statements speak only as of the date made, and we do not undertake to update them to reflect changes or events that occur after that date. For information about factors that could cause actual results to differ materially from our expectations, refer to our reports filed with the Securities and Exchange Commission, including the “Forward-Looking Statements” discussion in Wells Fargo’s most recent Quarterly Report on Form 10-Q as well as to Wells Fargo’s other reports filed with the Securities and Exchange Commission, including the discussion under “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2018, available on its website at www.sec.gov.

Contact:

Media
Lylah Holmes, 704-410-1018
Lylah.Holmes@wellsfargo.com
http://www.twitter.com/LylahHolmesWF

Investor Relations
John Campbell, (415) 396-0523
John.m.campbell@wellsfargo.com

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