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Wells Fargo Lures Neglected Rich With Private Bank

Thursday, June 16, 2011 - 8:31 AM
From Bloomberg
Wells Fargo & Co. (WFC), the U.S. lender with the largest branch network, is aiming to build its private bank in New York by attracting affluent customers neglected by some other competitors.

Wells Fargo may increase the number of private bankers to 77 from 67 in the New York area to manage money for clients with at least $5 million in investable assets....
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