Wells Fargo on Thursday said Weiss will step down as co-CEO of the unit effective immediately and will formally retire on June 1 after two decades with the San Francisco company. Rivas ...

Jon Weiss, the co-CEO of corporate and investment banking at Wells Fargo, is stepping down from his role, effective immediately, but will formally retire June 1, the company announced Thursday.

The notion of a co-CEO is not new. But the idea also feels like a huge waste, at least to some, who wonder why two people need that high-paying of a job. Wells Fargo (WFC) used to be one of those ...

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that Jon Weiss, Co-CEO of Corporate & Investment Banking (CIB), has informed the company of his intention to retire.