The Invest With An Edge blog says Wells Fargo is “exerting itself again as a dominant player.”
The investing blog says Wells Fargo is well positioned for “the new banking environment,” one in which “people want to shake a banker’s hand and look them in the eye.” Wells Fargo added 3,300 some new locations with its Wachovia deal.
The bank beat Wall Street expectations in the second quarter, and there are reports that it’s on “a hiring binge” in New York and San Francisco (no mention in the post about the Twin Cities.)