Report: Wells Fargo to Sell San Francisco Headquarters to Focus on East Coast ...Middle East

News by : (Times of San Diego) -
A cable car passes the Wells Fargo Bank headquarters in the Financial District in San Francisco. REUTERS/Robert Galbraith/File Photo Wells Fargo is set to sell its San Francisco headquarters, the Wall Street Journal reported on Tuesday, as the U.S. banking giant shifts its focus to the country’s East Coast. The lender has already started to engage in informal conversations with potential buyers and its office in the city’s financial district could be put on the market as soon as this month, the report added citing people familiar with the matter. Wells Fargo has hired the real-estate investment bank Eastdil Secured, which it sold in 2019 and still owns a minority stake in, as an ad

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