Wells Fargo said Jon Weiss is retiring as co-chief executive of corporate and investment banking, leaving former JPMorgan Chase executive Fernando Rivas as the sole chief of the bank's Wall Street businesses.

Financial services company Wells Fargo has announced the upcoming retirement of Jon Weiss, the co-CEO of corporate and investment banking (CIB). Weiss, who has been a part of the Wells Fargo team for nearly two decades,

Jon Weiss, co-chief executive officer of Wells Fargo & Co.’s corporate and investment bank, plans to depart after almost 20 years at the company.Most Read from BloombergManhattan’s Morning Commute Tim