Wells Fargo Joins Bank Rush for Wealthy Clients
Published April 24, 2013 4:49 PM
|
Updated February 10, 2020 10:45 AM
2:04
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.