Wells Fargo & Company (NYSE: WFC) yesterday announced that Malcolm Price has joined the Corporate & Investment Bank (CIB) as head of Financial Sponsors. He will jointly report to Tim O’Hara, head of Banking, and Scott Warrender, head of Coverage in Banking. Malcolm joins Wells Fargo from Credit Suisse where he was most recently Global head of Financial Sponsors and Global co‑head of Private Equity and Leveraged Finance.
“Malcolm is a great hire for Wells Fargo’s Corporate & Investment Bank as we grow our Banking franchise,” said O’Hara. “He brings more than three decades of experience working with an array of financial sponsors on their marquee transactions from acquisitions to sales to IPOs. Malcom’s depth of experience with financial sponsors coupled with his track record of building a leading financial sponsors team will help us deliver for our clients and propel our own growth.”
In his 35 years at Credit Suisse, Malcolm notably helped form the firm’s Financial Sponsors coverage business in 1996 and served as its first Head of Americas Financial Sponsors before assuming global leadership of the group in 2015. He also led the firm’s Leveraged Finance and Infrastructure, Utilities and Renewables businesses, and was head of the Australia and New Zealand (ANZ) Region for two years prior to returning to the U.S.
Malcolm received a Bachelor of Commerce and a Bachelor of Laws‑LLB from the University of Melbourne in Australia, and an MBA from Harvard Business School.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low‑carbon economy.