People News - UBS, Nomura, Wells Fargo

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Wells Fargo's head of wealth management Jay Welker will retire at the end of March after more than two decades with the San Francisco-based bank.

Reuters reports that Welker joined Wells Fargo in 1988, overseeing regional commercial banking offices for the bank in California. He was named Wells’ wealth management head in 2003, according to a memo seen by the news agency.

BS has poached three bankers from Nomura’s China research team, including Wendy Liu, who worked as head of Greater China equity strategist and China equity research at the Japanese bank, according to an internal memo seen by Reuters.

Liu, who worked with Nomura for six years, has been named as head of China equity strategy at the bank, said the UBS memo issued to staff on Tuesday.

UBS poaches three Nomura bankers for China research roles - memo

Wells Fargo's wealth management head to retire



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