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Wells Fargo files to register exchange-traded funds

Credit: REUTERS/JEENAH MOON

Wells Fargo & Co filed documents to register its own exchange-traded funds on Monday, making it the latest asset manager to enter the quickly growing industry.

July 27 (Reuters) - Wells Fargo & Co WFC.N filed documents to register its own exchange-traded funds on Monday, making it the latest asset manager to enter the quickly growing industry.

If approved, the San Francisco-based bank will be able to issue its own ETFs.

Banking giants JPMorgan Chase & Co JPM.N and Goldman Sachs Group Inc GS.N already have their own funds.

(Reporting by Imani Moise; Editing by Leslie Adler)

((Imani.Moise@thomsonreuters.com; 646-223-6335;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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