Wells Fargo Hires Guarino to Lead Health-Care Services (1)

Wells Fargo & Co. has hired Michael Guarino as a managing director in its health-care investment banking group, according to a person briefed on the matter.

Guarino will join from Citigroup Inc. and will lead health-care services investment banking, the person said, asking not to be identified because the information isn’t public. He’ll be based in New York and will report to Cory Rapkin, head of health-care investment banking, who joined Wells Fargo earlier this year, the person said.

A spokesperson for San Francisco-based Wells Fargo confirmed the hire, declining to comment further. A Citigroup representative declined to comment. ...