WFC · News · 20261105N

Investment Banking Outlook

WELLS FARGO & COMPANY/MN · 2026-11-05 · Importance null · Surprise null

Fernando Rivas, Wells Fargo’s corporate and investment banking CEO, expects M&A activity to increase over the coming year. He said companies may move to complete deals before a less permissive U.S. regulatory environment emerges, citing the prospect of stricter policies after Democrats gained control of Congress. The article identifies 2028 as the timeframe for potential policy changes, but does not quantify expected deal volume or financial impact.

Key facts

• Fernando Rivas said recent Democratic control of Congress will likely reduce the currently permissive regulatory environment for deals, creating urgency to act before stricter policies are implemented in 2028. source
• Fernando Rivas discussed Wells Fargo's cautious yet strategic approach to financing artificial intelligence infrastructure. source