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WFC Wells Fargo and Company

59.65
0.33 (0.56%)
After Hours
Last Updated: 23:49:04
Delayed by 15 minutes
Share Name Share Symbol Market Type
Wells Fargo and Company NYSE:WFC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.33 0.56% 59.65 60.145 59.325 59.58 16,282,191 23:49:04

Wells Fargo Securities Expands its Futures Commissions Merchant (FCM)

09/02/2016 4:12pm

Business Wire


Wells Fargo (NYSE:WFC)
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Industry veteran Robert Jones joins to help expand service for agribusiness sector

Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company (NYSE: WFC), announced today Robert Jones has joined its Global Exchange Traded Services group as managing director, Agribusiness Listed Derivatives Sales & Execution, to expand the FCM for the agribusiness sector globally. He is based in Chicago and reports to Jeff Gore, head of Listed Derivatives Sales & Execution.

“Robert’s career spans an extensive 38 years in agriculture commodities,” said Gore. “He joins an already strong team of professionals, bringing with him deep institutional knowledge of this industry and its financial needs, which is essential to the growth of our FCM. As one of the largest lenders to the agribusiness sector, we continue to invest in our business so that we can serve the needs of our commercial, corporate and institutional customers.”

Jones was formerly the senior vice president of an agricultural commodity broker group for ABN AMRO Clearing Chicago, LLC. He currently serves on the Board of Directors for the Commodity Markets Council and on the Risk Management Committee for National Grain & Feed Association. He began his career in 1978 for Gold Kist Inc., where he was a cash grain merchandiser. Jones moved to Chicago in 1982 to begin his career as a commodity broker working on the CBOT trading floor.

Global Exchange Traded Services, is part of the Institutional Investor Services group at Wells Fargo Securities, LLC, an emerging industry leader, offering a high-quality futures, options and OTC derivatives platform to institutional customers and alternative asset managers globally.

About Wells Fargo Securities

Wells Fargo Securities delivers a comprehensive set of capital markets products and services, including public debt and equity origination and distribution, investment research, interest rate, commodity and equity risk hedging, mergers and acquisitions advice, prime services, structured lending facilities and municipal bond origination. The institutional capital markets business is comprised of more than 4,000 team members in 40+ offices across the U.S., Europe and Asia.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.

Wells Fargo & CompanyJessica Ong, +1-212-214-8242 - office (Media)+1-347-931-3281 – mobileJessica.r.ong@wellsfargo.comTwitter: @JessOngWF

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