• Safi Bello

Wells Fargo to Sell 52 Retail Bank Branches to Flagstar Bancorp

Wells Fargo press release -------- Wells Fargo & Company (NYSE: WFC) announced today it has entered into an agreement to sell 52 retail bank branches to Flagstar Bank, FSB, a subsidiary of Flagstar Bancorp, Inc. (NYSE: FBC). The sale comprises all Wells Fargo branches in Indiana (33), Michigan (14) and Ohio (1), and a small number of Wisconsin branches (4), and involves approximately 490 team members, all of whom will receive offers of employment from Flagstar. To learn more click on the picture below to read the release.

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