Wells Fargo : Securities Head of Municipal Research Natalie Cohen to Retire

CHARLOTTE -- Wells Fargo (NYSE: WFC) today announced Natalie Cohen, head of Municipal Research for Wells Fargo Securities, will retire from the firm after eight years of service.

Cohen, who is based in New York, has served as managing director and head of the coverage area since it launched in 2010 as part of the Global Economics and Research group. Cohen is well known for her thought leadership and studies about municipal credit risk and bond defaults. She is the author of the widely distributed report, 'Municipal Default Patterns: a Historical Study.'

'Hiring Natalie marked the inception of Wells Fargo's municipal research effort. She began as our sole municipal market strategist and later assembled and developed a talented team that now covers affordable housing, education, energy, not-for-profit health care, public-private partnerships, and transportation. Her thoughtful and timely analyses combined with her deep relationships with investors have been critical to Wells Fargo's growth in the municipal business. We are grateful for her dedicated leadership over the past eight years,' said Diane Schumaker-Krieg, global head of Research, Economics and Strategy for Wells Fargo Securities.

Each year since 2012, Cohen has won 'first team generalist' and 'first team head of municipal research' honors from Smith's Research and Gradings. She was frequently featured on Bloomberg radio and TV - as well as the Bond Buyer, Reuters, The Wall Street Journal and other financial publications.

Before joining Wells Fargo Securities, Cohen served as president of National Municipal Research, a company she founded to deliver independent research and consulting on economic, political and financial trends at the local and state levels.

Cohen has also held senior positions at Financial Security Assurance, Enhance Financial Service Group and American Capital Access. She holds a master's degree in public administration from New York University's Wagner School of Public Service and a BA from Hampshire College.

The Municipal Research team will now report to Wells Fargo Securities Global Economist Jay Bryson, who is based in Charlotte.

About Wells Fargo Securities

Wells Fargo Securities delivers a comprehensive set of capital markets and advisory products and services, including public debt and equity origination and distribution, investment research, interest rate, commodity and equity risk hedging, mergers and acquisitions advice, prime services, structured lending facilities, foreign exchange services, and municipal bond origination. Wells Fargo Securities consists of nearly 5,000 team members in more than 40 offices across North America, Europe and Asia.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investments, mortgage, and consumer and commercial finance through 8,200 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2017 rankings of America's largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.