Robert Sackett to leave Wells Fargo 10 June 2021US Reporter: Bob Currie
Image: Wells Fargo
Wells Fargo head of securities lending Robert Sackett is to leave the company.
Sackett joined Wells Fargo Securities from TradeStation in 2015 to head up their securities lending business and to support prime brokerage and equity trading activities.
Prior to this, he worked as head of securities lending and prime services at TradeStation Securities.
He also spent 17 years at Citi, where he was head of specials trading for US equity finance, managing trading for prime brokerage clients and the bank’s proprietary business.
In total, Sackett has more than 25 years’ experience in prime brokerage and equities financing and has played a key role over the past six years in developing Wells Fargo prime services activities.
Sackett has resigned from his position at Wells Fargo, according to industry sources, and will pursue new opportunities outside of the company.
A Wells Fargo spokesperson confirmed that Sackett is leaving the company, but declined to comment on the circumstances of his departure.
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Image: Wells Fargo 