Wells Fargo to buy brokerage services firm Merlin Securities

The largest US mortgage lender is looking to expand its offerings for asset managers

Wells Fargo agreed to acquire prime brokerage services and technology provider Merlin Securities as it looks to expand its offerings for asset managers.

Financial terms weren't disclosed.

WSJ Logo
110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink