Financial services

Wells Fargo should be able to digest Wachovia portfolio

Wells Fargo has a reputation for conservative lending. So what happens now that the bank has swallowed up Wachovia Corp. and its toxic assets?
TheStreet.com says it shouldn’t slow down Wells Fargo.

Wells Fargo completes acquisition of Wachovia Corp.

Wells Fargo announced Thursday that it’s completed its acquisition of Wachovia Corp., forming one of the nation’s largest banks with 11,000 locations in 39 states.
Pat Callahan, the Wells Fargo V-P in charge of the transition, said in the statement