Parsad Posted June 25, 2012 Share Posted June 25, 2012 Well's continues their global expansion. Cheers! http://www.forbes.com/sites/halahtouryalai/2012/06/25/wells-fargo-picks-up-6-billion-loan-portfolio-from-another-struggling-euro-bank/?partner=yahootix Link to comment Share on other sites More sharing options...
Rabbitisrich Posted June 25, 2012 Share Posted June 25, 2012 The other recent acquisitions have been domestic portfolios (or secured by domestic assets) purchased from foreign domiciled banks. Is this a similar transaction, or is WFC maintaining a foreign office? Link to comment Share on other sites More sharing options...
Parsad Posted June 25, 2012 Author Share Posted June 25, 2012 The other recent acquisitions have been domestic portfolios (or secured by domestic assets) purchased from foreign domiciled banks. Is this a similar transaction, or is WFC maintaining a foreign office? Yeah sorry Rabbit. I should not have said global expansion, but rather expansion. I think these are probably domestic loans as well, not unlike the other ones. Cheers! Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now