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Wells Fargo Named Best Trade Outsourcing Bank in Asia Pacific

^{Published on 2011-09-20 05:38:54 - Market Wire}
 

SAN FRANCISCO--([ BUSINESS WIRE ])--Wells Fargo & Company (NYSE:WFC) announced today that it has been selected aBest Trade Outsourcing Bank in Asia Pacifica by Global Trade Review in the magazinea™s inaugural aAsia Leaders in Tradea awards. Winners were selected based on votes collected across all regions and categories in the magazinea™s online readera™s poll. Wells Fargo was recognized for its customer service and enhanced trade platform, which currently serves more than 150 global financial institutions.

"Wells Fargo has developed the technology platforms and global network to successfully help our customers successfully build and manage their trade business."

aWe are honored the readers of Global Trade Review have recognized Wells Fargo. This award reflects our continued commitment to best serve our customersa™ global trade and financial needs,a said Peter Connolly, head of Wells Fargoa™s Global Transaction Banking Group. aWells Fargo has developed the technology platforms and global network to successfully help our customers successfully build and manage their trade business.a

Wells Fargo, also recently named aBest Trade Bank in the USAa by Trade Finance magazine, provides a wide range of financial services to companies engaged in international commerce a" both import and export -- including middle-market multinational companies, large corporations, financial institutions and foreign-owned companies. Through the its International Group, customers have access to traditional trade solutions, including letters of credit, documentary collections, open account services, online trade management tools, as well as cross-border financing.

aWe will continue to develop and enhance our business solutions as we remain committed to trade outsourcing,a said Steve Nichols, head of Wells Fargoa™s Global Trade Services. aWe want to thank Global Trade Review for this award and recognition of our strong commitment to provide the most technologically-enhanced trade solutions for our customers.a

About Wells Fargo

Wells Fargo International Group serves small businesses, corporations, financial institutions, multilateral organizations and individuals with a wide range of international solutions from more than 30 global locations, including branches in Hong Kong, London, Seoul, Shanghai, Singapore, Taipei, Tokyo and the Cayman Islands.

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With approximately 275,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 23 on Fortunea™s 2011 rankings of Americaa™s largest corporations. Wells Fargoa™s vision is to satisfy all our customersa™ financial needs and help them succeed financially.