Richard DeKaser, executive vice president and chief of the Corporate Economics Group, is responsible for preparing the corporation’s economic forecasts and oversees a team of economists responsible for designing and producing economic scenarios for financial planning and risk management activities. This includes credit, liquidity, interest rate, and securities valuation risk assessment. This group also provides advisory services to business units and corporate functions focused on planning and risk management activities.
A banking professional with over 25 years of experience, Richard joined Wells Fargo in 2012. Previously, he served as Senior Vice President and Chief Economist for National City Corporation (now legacy PNC Financial) and Senior Financial Economist for Bank of Boston (now legacy Bank of America). Richard also worked in economic research and consulting for The Parthenon Group, Woodley Park Research and Data Resources, Inc. (IHS Global Insight).
Richard has held leadership positions in various associations, including the American Bankers’ Association (Chair of the Economic Advisory Committee), the New England Economic Project (President and Director), and the National Association of Business Economics (Director and Chair, Economic Outlook Committee and Financial Roundtable). Well-recognized within the economic/ business community, Richard has been quoted extensively in leading print and broadcast media outlets.
He received undergraduate and advanced degrees in economics from New York University, and resides in Washington, D.C.