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Wells Fargo files to register exchange-traded funds

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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.

[BENGALURU] 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.

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

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

REUTERS

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