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Wells Fargo & Company Eyes Top-Five Investment Bank Ranking as Deal Pipeline Hits Record High
Source: marketbeat.com
Corporate Guidance & OutlookCompany Fundamentals
Wells Fargo sees a path to becoming a top-five investment bank over the next several years, according to Fernando Rivas, CEO of its Corporate and Investment Banking business. The bank is adding senior bankers and expanding financing and trading services for institutional clients; no timetable beyond “the next several years” or financial targets were provided.
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