Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Wells Fargo    WFC

WELLS FARGO (WFC)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Wells Fargo : Mike Roemer Named Wells Fargo Chief Compliance Officer

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/12/2017 | 04:36pm CEST

Wells Fargo & Company (NYSE:WFC) today announced that it has named Mike Roemer as chief compliance officer. Roemer, a 27-year financial services veteran, most recently served as group head of Compliance for Barclays. Roemer will join the company in January 2018 and will be based in San Francisco.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171012005441/en/

Mike Roemer, Chief Compliance Officer for Wells Fargo (Photo: Business Wire)

Mike Roemer, Chief Compliance Officer for Wells Fargo (Photo: Business Wire)

“Wells Fargo is committed to maintaining a strong compliance program,” said Wells Fargo CEO Tim Sloan. “Hiring a leader with Mike’s credentials is an important step in our commitment to building a stronger compliance function and a better Wells Fargo.”

In his new role, Roemer will be responsible for oversight of all regulatory compliance risks for Wells Fargo. As chief compliance officer, he will ensure that all areas of the company meet compliance management responsibilities and abide by all applicable laws and regulations. Reporting directly to Mike Loughlin, Wells Fargo’s chief risk officer and head of Corporate Risk, Roemer will be instrumental in leading the company’s efforts to develop an industry-leading compliance program.

“The current regulatory environment demands strong compliance leadership and Mike’s extensive compliance experience, particularly at a globally systemic important bank, is a welcome addition to the Corporate Risk group,” said Loughlin. “With Mike’s leadership, I am confident we will strengthen our ability to provide the needed tools and oversight for our team members to better serve our customers.”

Roemer joined Barclays in 2012 as head of Internal Audit. During his tenure, he was instrumental in supporting the cultural transformation of Barclays following its LIBOR settlement in 2012 and leading and transforming its compliance function. Prior to Barclay’s he was chief auditor with the CIT Group where he reported directly to the Board Audit Committee and had global responsibilities for the internal audit function. In addition, he spent 23 years at JP Morgan Chase and its predecessor organizations in various roles. Roemer is recognized for his work in establishing the Compliance Career Academy, in conjunction with the Judge Business School at Cambridge University. He is also a champion for the LGBT community.

About Wells Fargo

Wells Fargo & Company (NYSE:WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 271,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.


© Business Wire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WELLS FARGO
10/19 WELLS FARGO : Invites Students to Apply for Disability Scholarships
10/19 WELLS FARGO : The Briefcase
10/18 WELLS FARGO : ADDING and REPLACING In Competitive Bid, Wells Fargo Wins More Tha..
10/17 Factbox - U.S. banks top Wall Street estimates despite trading slump
10/17 WELLS FARGO STUDY : After Eight-Year Bull Market, Most Working Americans Say the..
10/17 WELLS FARGO : Earnings Review and Free Research Report: Wells Fargo’s Total Inte..
10/16DJWells Fargo To Compensate Clients for Volatility ETPs After Charges by Regula..
10/16 WELLS FARGO : California extends ban on Wells Fargo business for at least anothe..
10/16 WELLS FARGO : brokerage to return $3.4 million for risky products
10/16 WELLS FARGO : Provides an Additional $850,000 for California Wildfire Relief
More news
News from SeekingAlpha
10/19 Renewed Operating Leverage From U.S. Bancorp Nice To See
10/19 WALL STREET BREAKFAST : Yellen Heads To The Oval Office
10/19 Wells Fargo confident about rebound
10/18 Not Much Going Right For Wells Fargo Yet
10/18 Wells Fargo Is A Hold
Financials ($)
Sales 2017 88 925 M
EBIT 2017 31 773 M
Net income 2017 20 037 M
Debt 2017 -
Yield 2017 2,87%
P/E ratio 2017 13,59
P/E ratio 2018 12,47
Capi. / Sales 2017 2,98x
Capi. / Sales 2018 2,91x
Capitalization 265 B
Chart WELLS FARGO
Duration : Period :
Wells Fargo Technical Analysis Chart | WFC | US9497461015 | 4-Traders
Technical analysis trends WELLS FARGO
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 32
Average target price 57,4 $
Spread / Average Target 6,8%
EPS Revisions
Managers
NameTitle
Timothy J. Sloan President, Chief Executive Officer & Director
Stephen W. Sanger Non-Executive Chairman
John R. Shrewsberry Chief Financial Officer & Senior Executive VP
Scott Dillon Chief Technology Officer
Enrique Hernandez Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
WELLS FARGO-2.47%263 198
JP MORGAN CHASE & COMPANY13.56%344 823
INDUSTRIAL AND COMMRCL BANK OF CHINA LTD42.40%325 771
BANK OF AMERICA19.82%279 379
CHINA CONSTRUCTION BANK CORPORATION33.09%240 357
BANK OF CHINA LTD20.35%218 574