Top 3 companies that WF should go after now that Asset Cap is lifted. IMO, it will probably be a Credit Card and or Investment Brokerage Company or perhaps even a Crypto company. They will probably try to catch-up to BOA.
A crypto company lol. Let me guess, you're an AI guy?
Wells will NOT go crypto
Acquiring Ripple would put WF on the leading edge of the next generation of financial services. Stablecoins, DAPs, DAOs, and treasury. Blockchain is the future of money.
Stifel or Principal?
@bc how many of those assets are they only custodians for?
Schwab is too big. They have like 4.5 times the amount of client assets as WF.
Schwab was also in the rumors pre Asset Cap btw.
Schwab?
Buying a company like Acorns or Betterment would bring more profits.
Morgan Stanley's purchase of E*Trade was brilliant. We need something like that.