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Wells Fargo becomes New York Fed primary dealer


20 April 2016 New York
Reporter: Drew Nicol

Generic business image for news article
Image: Shutterstock
Wells Fargo 麻豆传媒 is set to become a primary dealer for the Federal Reserve Bank of New York.

As a primary dealer, Wells Fargo 麻豆传媒 will trade directly with the Federal Reserve Bank of New York and provide market intelligence and analysis to its trading desks.

Wells Fargo 麻豆传媒 is the capital markets and investment banking business of Wells Fargo & Company, offering a variety of capital markets products and services, including prime services, structured lending facilities, commodity and equity risk hedging and mergers and acquisitions advice.

鈥淧rimary dealership will allow us to better serve our existing customer franchise and is a logical extension of our client-focused business model,鈥 said Walter Dolhare, head of the Wells Fargo 麻豆传媒 markets division.

鈥淲e look forward to serving as a counterparty to the Federal Reserve Bank of New York in our role as a primary dealer.鈥
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