2013-01-15 09:30:16 -
Continuing to serve the international banking needs of its commercial and corporate customers, Wells Fargo & Company (NYSE: WFC) announced today that Joe Saffire has been appointed head of its Global Banking operations in Europe, Middle East and Africa (EMEA). In his London-based role, Saffire will focus on growing the global banking business throughout the region as Wells Fargo expands its international services for U.S.-based commercial and corporate customers doing business in Europe, and for European companies with operations in the U.S. Saffire will report to Sanjiv Sanghvi, head of Wells Fargo’s Global Banking Group.
Part of Wells Fargo’s International Group, the Global Banking division provides financing options, risk and treasury management solutions, and trade finance services to middle market and
large U.S. and foreign owned companies.
“As more of our customers do business throughout Europe, we continue to invest in the resources and talent to best serve them,” said Sanghvi.
“With his extensive experience in international banking, Joe brings tremendous knowledge and leadership to this role and will help to strengthen our global banking operations in the region.”
Before joining Wells Fargo, Saffire spent 20 years with HSBC where he was most recently chief operating officer and head of international banking in Germany. He also served as the regional president for HSBC’s commercial and corporate banking practice in 16 states throughout the Eastern and Midwestern United States. During his tenure at HSBC, he also held roles covering the bank’s global industrial sector and led a multinational banking team in South Korea. A native of Buffalo, New York, Saffire received his bachelor’s degree from Boston College and an M.B.A. at the University of Buffalo.
Named best U.S. Trade Bank for the second consecutive year (Trade Finance Magazine, 2012), Wells Fargo’s provides small businesses, corporations, financial institutions, multilateral organizations and individuals with a wide range of international solutions. The company operates from more than 35 global locations, including branch offices in Hong Kong, Canada, London, Seoul, Shanghai, Singapore, Taipei, Tokyo and the Cayman Islands.
About Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets.
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet ( wellsfargo.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwel ..
), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.
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Wells Fargo & CompanyKatie Ellis, 1-415-222-3767 (Media) email@example.com