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 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.

Wells Fargo plans to list its longtime San Francisco headquarters for sale in what could mark a significant shift in its real estate footprint in the city's downtown.

The bank's corporate headquarters will continue to be in San Francisco and it has no plans to move out of the city, the bank said in an emailed statement to Reuters.

Wells Fargo & Co. is looking to sell its headquarters building in San Francisco as it shifts to other offices less than a half-mile away.

Wells Fargo (NYSE:WFC) plans to sell its San Francisco headquarters, as many of its key executives are based on the East Coast, according to a media report on Tuesday. The company's office in San Francisco's financial district could go on the market as soon as this month,

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,

Wells Fargo is planning to move out of its longtime San Francisco Financial District global headquarters, according to the banking giant.