Wells Fargo Media, Telecom Investment Bankers Exit for Truist

A trio of Wells Fargo & Co. investment bankers resigned from the San Francisco-based lender to join Truist Financial Corp., according to people with knowledge of the matter.

The group includes head of media and telecom corporate and investment banking Bruce Levy as well as managing directors John Schwarz and Abhishek Kedia, said the people, all of whom requested anonymity as the move hasn’t been made public. Levy’s direct reports will now be overseen by Steven Macko, Wells Fargo’s head of technology, media and telecom corporate and investment banking, one of the people said.

“We have a deep bench ...