Wells Fargo says no losses from Archegos downfall
FILE PHOTO: The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016. REUTERS/Rick Wilking/File Photo
(Reuters) - Wells Fargo & Co said on Tuesday it had a prime brokerage relationship with Archegos Capital and that it no longer had any exposure and did not experience any losses.
(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sriraj Kalluvila)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Wells Fargo sees Fed stress test changes as positive for banks
- DoorDash stock remains lowest-cost delivery provider, Wells Fargo says
Create E-mail Alert Related Categories
General News, ReutersRelated Entities
Wells FargoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share