Wells Fargo names COO Scott Powell as next risk chief
Published . Updated .
Chief Risk Officer Derek Flowers will retire from Wells Fargo in mid-January, and Powell will transition to that role, the bank said.
Directly affected
- WFC Wells Fargo
Named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
- SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to interest rates
- ALLY ALLY FINANCIAL INC
GA selected ALLY as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Chief Risk Officer Derek Flowers will retire from Wells Fargo in mid-January, and Powell will transition to that role, the bank said.
Source: Banking Dive
Wells Fargo (WFC) since “Wells Fargo names COO Scott Powell as next risk chief,” compared with the market
Since the first closing price after “Wells Fargo names COO Scott Powell as next risk chief,” Wells Fargo (WFC) is -1.40%. The S&P 500 fund (SPY) is -0.62% over the same days, a -0.79% difference versus the market.
Disclosure records for Wells Fargo (WFC) within two months of 24 Sep 2026
- Rohit Khanna buy Wells Fargo (WFC) ($1,001 - $15,000). That is 1 days after publication, inside 30 days. The filing is listed beside the story “Wells Fargo names COO Scott Powell as next risk chief.”
- Rohit Khanna buy Wells Fargo (WFC) ($15,001 - $50,000). That is 7 days before publication, inside 30 days. The filing is listed beside the story “Wells Fargo names COO Scott Powell as next risk chief.”
- Rohit Khanna buy Wells Fargo (WFC) ($1,001 - $15,000). That is 9 days before publication, inside 30 days. The filing is listed beside the story “Wells Fargo names COO Scott Powell as next risk chief.”
- Rohit Khanna buy Wells Fargo (WFC) ($1,001 - $15,000). That is 9 days before publication, inside 30 days. The filing is listed beside the story “Wells Fargo names COO Scott Powell as next risk chief.”
- Rohit Khanna sell Bank Of America (BAC) ($1,001 - $15,000). That is 15 days before publication, inside 30 days. The filing is listed beside the story “Wells Fargo names COO Scott Powell as next risk chief.”
- Rohit Khanna buy Wells Fargo (WFC) ($1,001 - $15,000). That is 20 days before publication, inside 30 days. The filing is listed beside the story “Wells Fargo names COO Scott Powell as next risk chief.”
- Michael Rulli sell Wells Fargo (WFC) ($1,001 - $15,000). That is 21 days before publication, inside 30 days. The filing is listed beside the story “Wells Fargo names COO Scott Powell as next risk chief.”
- A. Mitchell buy Wells Fargo (WFC) ($15,001 - $50,000). That is 23 days before publication, inside 30 days. The filing is listed beside the story “Wells Fargo names COO Scott Powell as next risk chief.”
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who is named in “Wells Fargo names COO Scott Powell as next risk chief”
Companies tied to this story
- WFC Wells Fargo
For “Wells Fargo names COO Scott Powell as next risk chief,” Wells Fargo (WFC) is linked, with no stored direction, high confidence. Reason on file: The reported development directly names WELLS FARGO & CO in the headline; GA resolved that company to WFC
- ALLY Ally Financial
Ally Financial (ALLY) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Wells Fargo names COO Scott Powell as next risk chief.” Reason on file: GA selected ALLY as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BAC Bank Of America
For “Wells Fargo names COO Scott Powell as next risk chief,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: GA selected BAC as a RELATED security because its canonical security name directly matches this event's themes: bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BMO Bank Of Montreal /Can/
For “Wells Fargo names COO Scott Powell as next risk chief,” Bank Of Montreal /Can/ (BMO) is linked, with no stored direction, medium confidence. Reason on file: GA selected BMO as a RELATED security because its canonical security name directly matches this event's themes: bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- CM Canadian Imperial Bank Of Commerce /Can/
In “Wells Fargo names COO Scott Powell as next risk chief,” Canadian Imperial Bank Of Commerce /Can/ (CM) is linked, with no stored direction, medium confidence. Reason on file: GA selected CM as a RELATED security because its canonical security name directly matches this event's themes: bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- CRBG Corebridge Financial
For “Wells Fargo names COO Scott Powell as next risk chief,” Corebridge Financial (CRBG) is linked, with no stored direction, medium confidence. Reason on file: GA selected CRBG as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- EFC Ellington Financial
For “Wells Fargo names COO Scott Powell as next risk chief,” Ellington Financial (EFC) is linked, with no stored direction, medium confidence. Reason on file: GA selected EFC as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How “Wells Fargo names COO Scott Powell as next risk chief” reaches Wells Fargo (WFC)
“Wells Fargo names COO Scott Powell as next risk chief” (24 Sep 2026) reaches Wells Fargo (WFC) through this story.
For Wells Fargo (WFC), the reason on file says The reported development directly names WELLS FARGO & CO in the headline; GA resolved that company to WFC
Ally Financial (ALLY) is here too. Its reason reads: GA selected ALLY as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
The price range for Wells Fargo (WFC), and the dates in the story
ALLY traded between 36.18 and 40.33 across 20 sessions. The latest close on file is 37.53. BAC traded between 49.26 and 58.11 across 20 sessions. The latest close on file is 50.39. WFC traded between 78.01 and 86.54 across 20 sessions. The latest close on file is 81.79.
How strong the case is around Wells Fargo (WFC)
46 out of 100
“Wells Fargo names COO Scott Powell as next risk chief” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.