Wells Fargo Joins Bank Rush for Wealthy Clients
April 24, 2013
Wells Fargo is the latest big bank to try to get more revenue from its wealthiest clients by offering them fee-intensive investment-management products. But Wells and its wealth-management competitors, including JPMorgan Chase and PNC, also have to overcome their reputations and customers' reluctance to trust big banks.
Related article: Wells Fargo Mines Wealth Business for Fee Riches
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