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Wells Fargo Becomes ‘Preferred Banker’ at Hudson Yards MXU
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Wells Fargo said Thursday it’s now a “founding partner” of Related Oxford’s Hudson Yards mega-project on Manhattan’s Far West Side, and will be the complex’s “preferred banker.” The company opened a bank branch in the neighborhood last fall, and is expected to move the regional headquarters of its investment banking unit there in 2020.
“Hudson Yards is bringing opportunity to the West Side of Manhattan, very much in the way Wells Fargo brought opportunity to the American West 166 years ago,” said Jamie Moldafsky, Wells Fargo’s chief marketing officer. “Wells Fargo shares the pioneering spirit of Hudson Yards, its commitment to revitalizing a community and building an urban community.”
Plans call for a network of 10 Wells Fargo ATMs throughout Hudson Yards. In 2015, the bank bought 500,000 square feet of office space at 30 Hudson Yards to serve as the regional headquarters of Wells Fargo Securities.
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