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Report: JPMorgan Veteran Ed Olebe to Lead Wells Fargo’s Credit Card Business
- Wells Fargo has hired former JPMorgan Chase executive Ed Olebe to lead its credit card business.
- Olebe will take over from Ray Fischer upon Fischer's retirement.
- Wells Fargo CEO Charlie Scharf has made growing the credit card business a priority.
- The bank recently launched a business credit card offering simple cash rewards.
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