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Wells Fargo says no losses from Archegos downfall – Metro US

Wells Fargo says no losses from Archegos downfall

FILE PHOTO: The sign outside the Wells Fargo & Co.
FILE PHOTO: The sign outside the Wells Fargo & Co. bank in downtown Denver

(Reuters) – Wells Fargo & Co said on Tuesday it had a prime brokerage relationship with Archegos Capital and that it no longer had any exposure and did not experience any losses.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sriraj Kalluvila)