SEC PAC And Wells Fargo To Merge? No Shakeout Expected In FX Units

- By FX Markets Staff
- @FXMarkets_
- 08 Mar 1991

According to sources at Security Pacific National Bank, officials at Sec Pac and Wells Fargo & Co. are nearing an agreement to merge, possibly as early as this month. If the merger does materialize, sources at both banks believe there will be little, if any cuts in its foreign exchange divisions.

Although officials at both banks refused to comment on the talk, many believe that the union of California's second and third largest banks would greatly improve their ability to compete and improve

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@fx-markets.com or view our subscription options here: https://subscriptions.fx-markets.com

You are currently unable to print this content. Please contact info@fx-markets.com to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@fx-markets.com