Bloomberg News

Wells Fargo Seeks to Buy Assets From European Banks, FT Reports

February 27, 2012

Wells Fargo & Co. (WFC) wants to build up its wealth-management and insurance businesses through acquisitions and by buying assets from European banks that are cutting back, the Financial Times reported, citing an interview with Chief Executive Officer John Stumpf.

To contact the editor responsible for this story: Alan Purkiss at apurkiss@bloomberg.net


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