Federal Reserve

Wells Fargo Bank Appoints Operations Chief Scott Powell As Chief Risk Officer, Succeeding Derek Flowers

Sep 23, 2026 · 04:23 PM ET· updated 50m ago

Wells Fargo Bank, N.A., today announced that Chief Risk Officer (CRO), Derek Flowers, intends to retire from Wells Fargo in mid-January after nearly three decades of dedicated service.Upon Mr. Flowers’ retirement, Scott

Why It Matters

Wells Fargo is moving Scott Powell into the top risk job. This shows the bank is planning ahead and thinking about safety.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.

Tickers in Play

WFC82.20

-0.95 (-1.14%)

Last session drawn · prints held ~15 minutes · licensed exchange data

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.