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Wells Fargo, San Francisco
Wells Fargo to Sell San Francisco Headquarters
Wells Fargo is set to sell its San Francisco headquarters, part of a broader shift in the bank’s power base to the East Coast. The office at 420 Montgomery St. in San Francisco’s Financial District could be put on the market as soon as this month,
Wells Fargo’s plan to sell headquarters could be prelude to moving bank’s base out of S.F.
Wells Fargo fueled speculation that its headquarters could be moving out of California with this week’s news that the bank will vacate and sell its longtime San Francisco home.
Is Wells Fargo poised to take an express stage out of San Francisco?
It’s not clear what will befall the Wells Fargo stage coach in its ground-floor window. For now, Wells Fargo said it will mark its official headquarters at 333 Market Street, where it occupies 620,000 square feet. Meanwhile, its leadership has an aversion to San Francisco.
bankingdive
1d
Dive Deposits: Wells Fargo looks inward on real-estate right-sizing
The bank appears to be consolidating its office footprint in its home city. It isn’t the only lender reevaluating real estate ...
11h
Wells Fargo to lay off hundreds in Oregon
The Hillsboro and Salem offices, with 500 and 221 employees, respectively, might be impacted by the lender’s decision to pull ...
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