Wells has both been hiring and originating in recent months to come to market with a deal, one would presume, in the not-so-distant future. Earlier today Bloomberg had a story linked to CRENews (subscription required) that Principal was coming back and would originate deals for the new Wells shelf.
Historically Principal and Wells, pre-Wachovia, co-contributed to the PWR, TOP, and IQ brands.
Breaking: WeWork Banks on Brokerage Business
2 days ago