Wells Fargo Asset Management rebrands with new CEO
Legg Mason vet Joe Sullivan is bullish on the future of Allspring Global Investments. The $604 billion asset management arm of Wells Fargo & Co. is being acquired for $2.1 billion by GTCR and Reverence Capital Partners.
Wells Fargo Asset Management, which is being acquired by two private equity firms, is getting a new name and a new chief executive.
The $604 billion asset management arm of Wells Fargo & Co., which is being acquired for $2.1 billion by GTCR and Reverence Capital Partners, will be renamed Alls
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