Wells Fargo Expands Healthcare Team Over 30% Across US Markets

Wells Fargo has significantly expanded its Commercial Banking healthcare team by over 30% in 2025, responding to growth in the U.S. healthcare sector and increased client demand for specialized banking services. The expansion focuses on serving middle market companies in Healthcare Services, MedTech, and BioPharma sectors, with new hires added across key U.S. markets such as Chicago, Florida, the Mid-Atlantic, Nashville, Northern Texas, and Southern California. This marks the largest talent investment in the Healthcare Banking group to date and reflects Wells Fargo's commitment to supporting healthcare businesses with specialized expertise and products. Eric Pashley recently joined the Equipment Finance team to lead specialty lending focused on healthcare equipment financing, highlighting a strategic focus on this area. The expansion comes as Wells Fargo lifts its $1.95 trillion asset cap and aims for growth in middle market and commercial banking, with leaders emphasizing healthcare banking as a priority sector. Despite this progress, Wells Fargo continues a multiyear rebuild concentrating on efficiency improvements and growth in other areas such as investment banking, credit card services, and wealth management following regulatory challenges in recent years.