Wells Fargo & Co on Wednesday named a top Morgan Stanley banker as its new global co-head of mergers and acquisitions, as part of the bank's efforts to ramp up its investment banking franchise under Chief Executive Charles Scharf.
The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016. REUTERS/Rick Wilking/File Photo/File Photoon Wednesday named a top Morgan Stanley banker as its new global co-head of mergers and acquisitions, as part of the bank's efforts to ramp up its investment banking franchise under Chief Executive Charles Scharf.
Jeff Hogan, who spent over 25 years at Morgan Stanley, will join Wells Fargo later this year and will be based out of New York. He will lead Wells Fargo's dealmaking unit alongside David DeNunzio, the current global head of M&A at the bank. Hogan, who most recently served as co-head of global technology M&A at Morgan Stanley, has spent most of his career putting together deals primarily in the technology, media and telecom industries.
Notable deals that Hogan advised on include Canadian telecom giant BCE’s $61.7 billion spin-off of Nortel Networks, Suncor Energy’s $18.2 merger with PetroCanada and MGM’s $8.45 billion sale to Amazon.com Inc
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