Wells Fargo sees city as ripe for expansion: Commercial banking, capital management key to Indianapolis plan
Wells Fargo & Co. took a couple of quiet but important steps earlier this year as part of a plan to build a major presence in the Indianapolis banking and financial services market. The San Franciscobased corporation in March opened a local Commercial Banking Division headed by longtime banking executive Lex Curry and a capital management office headed by well-known stock manager Tom Pence. The moves, by the nation’s fifth-largest bank in terms of assets, are part of a corporate…