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Wells Fargo Buys Foreign Currency Wholesaler


RVWITHME
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Possibly this should be in the news area, but with the previous Wells Fargo thread stating Dinar not worth beans, this may help put things in perspective:

"

Wells Fargo Buys Foreign Currency Wholesaler

Wells Fargo & Co. (WFC) said Monday it bought substantially all of the U.S.- based assets of Foreign Currency Exchange Corp., a wholly owned subsidiary of the Bank of Ireland Group.

Financial terms of the deal were not disclosed, but the transaction will close this summer. FCE is an Orlando, Fla.-based foreign currency wholesaler that serves about 140 banks in the U.S.

The firm's core business is enabling banks to offer foreign currency exchange services to their clients.

-Sue Chang; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

05-09-111347ET"

(http://www.nasdaq.com/aspx/company-news-story.aspx?storyid=201105091347dowjonesdjonline000260&title=wells-fargo-buys-foreign-currency-wholesaler#ixzz1LvJtKJcL)

Copyright © 2011 Dow Jones & Company, Inc.

Read more: http://www.nasdaq.co...r#ixzz1M6ImtF9s

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