Ozi Sander named head of municipal trading at Wells Fargo

BY SourceMedia | MUNICIPAL | 09/03/25 10:14 AM EDT By Christina Baker

Wells Fargo (WFC) promoted Ozi Sander to head of municipal trading, the firm announced Tuesday.

Wells Fargo (WFC) hired Sander in 2022 to strengthen the firm's high-yield and credit trading capabilities. He had been working at Citi.

"Clients consistently commend Ozi for his deep credit expertise and thoughtful approach to identifying opportunities," said Charles Peck, Wells Fargo's (WFC) head of municipal products. "Ozi's focus on building lasting relationships and his prudent risk management make him well-suited for this leadership role."

"As market dynamics evolve, we remain focused on delivering idea-driven coverage and dependable liquidity," Peck added.

Sander is based in New York.

Wells Fargo (WFC) was the fifth biggest underwriter in the first half of 2025, credited with $18.1 billion in 127 issues.

Last year, Wells Fargo (WFC)was the sixth place municipal underwriter year-over-year, credited with underwriting $32.2 billion for a 6.5% market share.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article