This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Timothy Merrell (Photo: Business Wire)

Wells Fargo’s International Group has added two new senior executives to its Global Payment Services (GPS) team. Charles Kohler has been named deputy head for GPS and Timothy Merrell has been named director of Payments Consulting, Strategy and Customer Experience for GPS. Kohler will manage sales, liability and liquidity products as well as monitor and mitigate payment system risks. Merrell will develop strategy for new and core payment services as well as the overall customer experience. Both are based in New York and will report to George Doolittle, head of Wells Fargo’s GPS.

Charles Kohler (Photo: Business Wire)

Charles Kohler (Photo: Business Wire)

Part of the company’s Global Transaction Banking Group which provides foreign exchange, trade finance, cross-border treasury management services, cross-border e-commerce, and cross-border investments, GPS offers payment processing services to global financial institutions worldwide. With strengths in treasury, retail, trade, commercial payments and liquidity products, Wells Fargo is a leader in meeting customers’ direct settlement needs in USD, euro, yen and most other foreign currencies.

“As Wells Fargo continues its expansion in global payment and currency settlement capabilities and services, investing in industry-leading talent around the world is critical,” said Doolittle. “We are excited to welcome Charles and Timothy to the team and are confident that our business and customers will benefit from their deep knowledge and industry expertise.”

With over 25 years of financial experience, Kohler was previously with Deutsche Bank as managing director of sales and relationship management for financial institutions in the Americas. He was responsible for developing and implementing sales initiatives for foreign exchange, treasury clearing and commercial payments.

Merrell also joins Wells Fargo from Deutsche Bank, where he served as managing director and head of foreign exchange payments and clearing, including USD, euro and multi-currency clearing products. He is also the former business head and founder of FX4Cash, a strategic joint venture between Deutsche Bank’s Global Transaction Bank and Global Markets Divisions.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,055.87 -116.81 -0.68%
S&P 500 1,982.77 -11.52 -0.58%
NASDAQ 4,508.6880 -19.0010 -0.42%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs