Wells Fargo (WFC) and Wachovia Capital Markets Businesses Branded as Wells Fargo Securities
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Wells Fargo & Company (NYSE: WFC) announced that its investment banking and capital markets businesses formerly operating under the Wachovia Securities and certain Wells Fargo brands will now operate under the brand Wells Fargo Securities.
The new Wells Fargo Securities brand will bring together the firm's market-leading businesses in debt and equity underwriting, mergers and acquisitions, loan syndications, debt and equity sales and trading, tax-exempt products, research and economics, and certain hedging products such as equity derivatives.
As part of the brand change, Barrington Associates, Wells Fargo's middle market mergers and acquisitions advisory division, will begin to operate exclusively under the Wells Fargo Securities brand. Eastdil Secured, Wells Fargo's provider of real estate capital markets services, will continue to operate under its existing name and will offer securities products through Wells Fargo Securities.
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