Wells Fargo Builds a Trading Floor in Charlotte
Wells Fargo is betting its securities business can thrive 600 miles from New York in Charlotte—the same city Bank of America’s traders have largely abandoned. The first of 900 Wells Fargo employees moved into new offices on two floors of a 48-story tower in Charlotte in December. The bank has room for about 1,200 traders and support staff in the 70,000-square-foot space, which features more than two dozen 70-inch, high-definition television screens and under-floor cooling with customizable vents.
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