At first glance, merger partners Wells Fargo & Co. and Norwest Corp. seem to be evenly matched in the mutual fund business.

Both rank among the largest bank managers of mutual funds-Wells Fargo places seventh, with $23.9 billion under management, while Norwest ranks 10th, with $21.0 billion, according to Lipper Analytical Services, Summit, N.J.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.