Inside Wells Fargo’s bid to take on big FX players

- Laura Matthews
- 17 Jun 2021

Being late to the party can have its perks. This is what Wells Fargo is discovering on its quest to rapidly scale up its foreign exchange business.

The firm is the third-largest US bank by assets, after JP Morgan and Bank of America. But when it comes to FX trading, Wells Fargo lags far behind – something the bank set out to rectify 18 months ago. Its goal is to double the size of its currency business within the next five years, mainly by bringing in more institutional clients.

One advantage

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