Wells Fargo’s corporate and investment banking CEO Fernando Rivas told Banking Dive that incoming Democratic majorities are creating urgency among dealmakers, describing a ‘now or never’ attitude for mergers and acquisitions. Rivas also commented on the bank’s approach to financing AI infrastructure.
This view suggests senior executives in regulated sectors could face a wave of accelerated M&A activity as market players respond to possible policy changes. The bank’s focus on AI infrastructure financing may also signal where capital is flowing in the current environment.