Abid Gilani was Canadian and has family links in Ontario, although he and his wife moved to the U.S. many years ago.
Mr. Gilani was a senior vice-president with the bank’s real estate team and a father of two.
The company said in a statement: "Our hearts go out to all those impacted by this tragedy."
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An executive from mortgage lender Wells Fargo has been named as one of the victims of the Amtrak train crash that killed seven people in Philadelphia.