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Wells Fargo Announce A New Addition To Board

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Wells Fargo & Company has announced that its board of directors has elected Federico F. Peña, a senior advisor of Vestar Capital Partners, and former U.S. Secretary of Transportation and U.S. Secretary of Energy, to the company’s board of directors.

Northern Trust Appoints Leader For Alternatives Group

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Northern Trust has announced that Robert P. Morgan has been named to lead a new unit, Northern Trust Alternatives Group, formed to develop and manage all alternative investment products, including hedge and private equity funds of funds, for institutional and personal clients.