Wells Fargo will expand its recently established European securitization services team in the coming months. Ian Hancock, v.p. and head of the London office, says the firm will seek to add between two and four analysts to its securitization transaction management team depending on how quickly the business grows. Hancock joined Wells Fargo in April from Bank One and opened the London office in May. The team focuses on portfolio administration for mortgage-backed deals and collateralized debt obligations.
Wells Fargo To Expand Euro ABS Biz