Wells Fargo creates healthcare banking group in Charlotte

Wells Fargo said Wednesday that it has created a banking team that will deal with large, for-profit healthcare companies.

The group will be based in Charlotte and headed by David Gillespie, a two-decade veteran of the bank who previously led the healthcare leveraged finance division under Wells Fargo Securities.

The new team will be under the bank's corporate banking unit but collaborate with investment bankers as needed, the bank said.

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