Wells Fargo brings US TLAC push to euros with popular floater

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Wells Fargo brings US TLAC push to euros with popular floater

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FILE - In this Jan. 18, 2011 file photo, a customer exits a Wells Fargo bank branch in Los Angeles. Wells Fargo & Co. said Tuesday, July 19, 2011, its second-quarter profit rose 30 percent, boosted by a release of reserves set aside to cover souring loans as its customers continued to improve their loan and credit card payments. (AP Photo/Reed Saxon, file) | Reed Saxon/ASSOCIATED PRESS

Wells Fargo may have lifted the lid on a flurry of US senior trades in euros this week, opting for a rare but popular floating rate bond to become the first of the nation’s banks to head to Europe after reporting its results.

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