Wells Fargo Hires Warren Young From Standard Chartered as COO of Corporate and Investment Bank

Wells Fargo has hired Warren Young from Standard Chartered as Chief Operating Officer of its Corporate and Investment Bank, Bloomberg News reported on Wednesday, in the latest senior appointment aimed at building out its Wall Street franchise.

Mr Young joins from Standard Chartered in Singapore and will be based in New York from 1 July 2026, reporting to Fernando Rivas, chief executive of Wells Fargo's Corporate and Investment Bank unit.

TRANSFORMATION EXPERIENCE

At Standard Chartered, Mr Young previously ran the bank's 'Fit for Growth' transformation programme, a programme of around 300 initiatives to simplify, standardise and digitise the bank. Before that he was head of investment bank transformation at Credit Suisse.

Wells Fargo is bolstering the ranks of its investment-banking business as it looks to grab more share from rivals, Bloomberg reported.

REPORTING TO FERNANDO RIVAS

Mr Young will report to Fernando Rivas, chief executive of Wells Fargo's Corporate and Investment Bank.

The hire adds to a series of senior appointments at Wells Fargo aimed at bolstering its Wall Street ranks.

Mr Young's relocation from Singapore to New York, and his transition from Standard Chartered to Wells Fargo, will take effect on 1 July 2026.