Wells Fargo Hired New Investment Banker
David Harkin, formerly of JPMorgan Chase, will lead tech deal advisory from the city.
Updated on Sept. 29, 2026 in Financial Services
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Tech companies in San Francisco will see a new face at Wells Fargo as David Harkin joins the bank to lead technology deal advisement. Harkin transitions to the role following a tenure at JPMorgan Chase, where he served as co-head of Internet investment banking.
Why it matters
The move signals how major financial institutions are positioning their local talent to capture the ongoing demand for advisory services within the regional tech economy. It underscores the continued competition for veteran dealmakers between top-tier banks.
The firm added one senior investment banker to its city-based operations, an announcement made on September 29, 2026. The full scope of the technology division's future headcount remains unknown.
The players
David Harkin
A veteran investment banker who moved to Wells Fargo after serving as co-head of Internet investment banking at JPMorgan Chase.
Wells Fargo
A major financial services corporation expanding its technology advisory practice in San Francisco.
Brian Gudofsky
The Wells Fargo executive who will oversee the work of the newly hired investment banker.
The details
David Harkin joins the bank effective immediately and will report directly to Brian Gudofsky. His mandate centers on advising technology clients as the firm seeks to bolster its presence in the local dealmaking market. Harkin previously established his experience leading Internet investment banking at JPMorgan Chase.
Timeline
September 29, 2026: Wells Fargo confirmed the hiring of David Harkin.
Across the Bay
This move follows a long-standing pattern of major banks recruiting leadership talent from peers to capture the Bay Area's tech-focused investment banking activity. It highlights how institutions continue to consolidate local advisory presence to serve the regional tech market.
For local tech founders and firms, this hiring shift signals a potential increase in banking coverage and deal advisory resources available in the city. The bank will coordinate these activities from its local office, though no change to public services or branch access for retail customers was announced.
The takeaway
The move highlights the ongoing consolidation of senior advisory talent among the major firms operating in the city. Watch for future firm-led announcements regarding technology sector deal flow as Harkin settles into the new role.
Further reading
For more on how local hiring trends affect the regional economy, visit the San Francisco Financial Services section.
Source note: This article includes information reported by Bloomberg Business.
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