SAN FRANCISCO – Wells Fargo Commercial Banking has expanded its Healthcare Banking team by more than 30% since the beginning of 2025, marking the group’s largest talent investment to date. The expansion aims to strengthen the bank’s specialized services for companies across the Healthcare Services, MedTech, and BioPharma sectors.
Driven by continued growth in the U.S. healthcare industry and increasing client demand for industry-specific expertise, the move enhances Wells Fargo’s ability to deliver targeted financial services to middle market healthcare businesses.
“Our investment in talent is a proof point of Wells Fargo’s commitment to supporting healthcare businesses with specialized expertise, products, and services,” said Wallace Saunders, head of Healthcare Banking. “We are passionate about helping healthcare companies achieve their strategic and growth objectives.”
New hires have been added in key regions across the country, including Chicago, Florida, the Mid-Atlantic, Nashville, Northern Texas, and Southern California. The Healthcare Banking group is part of Wells Fargo Commercial Banking’s Specialized Industries division, led by Mary Katherine DuBose.
“Healthcare Banking is a priority sector for Wells Fargo,” DuBose said. “We will continue strengthening our team to bring our full capabilities to clients so they can deliver better outcomes and drive efficiencies in this essential U.S. industry.”
As part of its broader strategy, Wells Fargo also added Eric Pashley to its Equipment Finance team as a Specialty Lending market leader focused on healthcare equipment financing.
“Equipment financing in the healthcare industry is a key focus for our team,” said John Crum, head of Specialty Equipment Finance and Leasing. “Working together with our Specialized Industries group, we will bring a ‘one bank’ approach to all commercial clients and provide a deeper level of service.”
Wells Fargo’s continued investment underscores its long-term commitment to serving the evolving needs of healthcare businesses with tailored banking solutions and industry-specific expertise.
