According to the bank, the new San Jose-based group is an extension to its technology and venture banking group, that delivers a range of financial services for Santa Clara Valley companies in the technology, clean technology, software, mobile, and life sciences industries.
Wells Fargo Technology and Commercial Banking Group regional vice president of Santa Clara Valley Eric Houser said that Wells Fargo currently has banking relations with more than 65 percent of Silicon Valley 150 companies.
"Our new San Jose team builds on our commitment to this sector by focusing on emerging, VC-backed companies that we’d like to support over time with a variety of commercial banking and investment banking services.
