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Wells Fargo & Co. will expand its asset-based lending business into the United Kingdom by acquiring a lending arm of the Bank of Ireland.
December 19 -
The Wells Fargo Digital Lab, which opened in late September, offers a glimpse of what banking could look like in years to come.
October 23 -
The pace of home price appreciation has decelerated in recent months, but it will not result in another dip where price changes actually fall into negative territory, according to Wells Fargo Securities economists.
October 10
Wells Fargo plans to rebrand Burdale Financial, the asset-based lender it purchased nearly three years ago from the Bank of Ireland.
"The Burdale acquisition helped expand our presence in Europe, allowing us to support the cross-border financial needs of our North American clients in addition to supporting our European-based clients," Guy Fuchs, head of corporate finance at Wells, said in a press release Tuesday.
The acquisition also helped the San Francisco banking giant launch a U.K.-based technology finance product last year, the bank said in the release.
Burdale was established in 1992, and has offices in London, Birmingham and Manchester.
