Federal Reserve hires ex-Wells Fargo ABS analyst

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Federal Reserve hires ex-Wells Fargo ABS analyst

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A branch of Wells Fargo Bank in New York on Thursday, January 15, 2015. New York City announced that it will pull its deposits, approximately $227 million, from Wells Fargo and remove them as trustee from the $2.6 billion NYC Retiree Health Benefits Fund. Wells Fargo received a Federal Community Reinvestment Act rating of "needs improvement" and the ban will be revisited if the rating is improved.(Photo by Richard B. Levine) *** Please Use Credit from Credit Field *** | Richard B. Levine/SIPA USA/PA Images

John McElravey has joined the Federal Reserve Bank of Boston as a markets specialist as of February 8. The capital markets veteran joins from First XV Partners and previously Wells Fargo, where he was a lead ABS research analyst.

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