Wells Fargo's Growing Footprint In U.K. Is Good News

The bank's decision to grow in Europe in general, and in the U.K. in particular, is aimed at addressing the cross-border banking needs of large- and medium-sized U.S.-based companies, as well as those of European firms that have a notable presence in the U.S., and presents a valuable growth potential for Wells Fargo - allowing it to leverage its stable domestic business for worldwide growth.