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Wells Fargo on the hunt for a rainmaker

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Wells has lagged in traditional investment banking areas such as financial advisory and capital markets.

New York

WELLS Fargo & Co, in a bid to boost its dealmaking franchise, is hunting for a new head of mergers and acquisitions, according to people familiar with the matter.

The bank's existing head of mergers, John Laughlin, has moved to a vice-chairman role, a spokeswoman said

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