Wells Fargo Corporate & Investment Banking expands talent in Tech, Media & Telecom group

New York – Wells Fargo Corporate & Investment Banking, a division of Wells Fargo & Company (NYSE: WFC), announced today that Cristiano Lima and Dan Nash have joined its Technology, Media & Telecom coverage group as managing directors. Lima, who is based in New York, will cover the Business and Technology Services Investment Banking sector and will report to Rob Weber. Nash, who is based in San Francisco, will head Internet & E-Commerce Investment Banking and will report to Gerry Walters.  

“We are delighted to welcome Cristiano and Dan who join a deep bench of talent in Coverage,” said David Gillespie, head of Coverage for Corporate and Investment Banking. “We’ve continued to enhance our investment banking team with a number of key hires, underscoring our commitment to expand our presence and increase market share.”

“Cristiano brings significant industry expertise, extensive transaction experience and a broad network of relationships, having advised clients in this sector for more than a decade. We are very excited to expand the team with top caliber talent like Cristiano, and build upon our strong track record of advisory and capital raising for companies across the business and technology services landscape”, said Rob Weber, Managing Director, head of Business & Technology Services Corporate & Investment Banking.

Lima joins Wells Fargo following 13 years at Deutsche Bank where he was a managing director focused on business and technology-enabled services. He began his career as a strategy consultant at Accenture. He holds an MBA from The Wharton School of the University of Pennsylvania, and an undergraduate degree in Economics from the University of São Paulo.

Nash joins Wells Fargo from Machine Zone where he served as the Chief Financial Officer and was responsible for all aspects of financial operations; including, finance, accounting, investor relations, audit, tax, treasury and corporate development. Prior to that, Nash worked at Wells Fargo where he significantly grew the internet investment banking business, including a number of notable Wells Fargo transactions: Carvana’s IPO, Waitr’s sale to Landcadia, Cars.com IPO Spin-off and Gett’s strategic investment from Volkswagen. 

“Dan is a seasoned finance executive with extensive investment banking and operating finance experience,” said Gerry Walters, Managing Director, head of Technology Corporate & Investment Banking. “His deep industry expertise and the bank’s ongoing investment in talent and technology underscores the commitment to this important sector. We are pleased to have Dan back on the Wells Fargo team.”

Nash holds an MBA from Hass School of Business at UC Berkeley, and an undergraduate degree in Economics from the University of Pennsylvania. He also holds a General Course degree with a focus on Mathematics from The London School of Economics. 

About Wells Fargo Corporate & Investment Banking

Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate banking, investment banking, equity and fixed income solutions including sales, trading, and research capabilities to corporate, government, and institutional clients across the globe. Our office locations span the Americas, Europe, and Asia-Pacific.

Wells Fargo Corporate & Investment Banking is part of Wells Fargo. Founded in 1852, Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially.

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.