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Wells Fargo: Investment banking – just 'another arrow in our quiver'

Recently-crowned the largest Western bank by market capitalisation, Wells Fargo is keen to play down its growing investment banking business

Once upon a time, investment bankers were sexy. Books like Liar’s Poker and films like Wall Street made downtown Manhattan the place to be for the bright young things of the late 1980s.

But now, the heads of the large banking groups are keen to play down their connections with high-flying investment bankers, none more so than Wells Fargo.

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