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The Story of Money

The Story of Money

Can Wells Fargo make it in investment banking?

Jan 28, 2026 · 20m

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About this episode

For more than 170 years, Wells Fargo built a reputation as an all-American Main Street lender. Now, it is charting a new path and pushing into investment banking, something that many other banks have tried and failed to do. The FT’s US banking editor Joshua Franklin and US banking correspondent Akila Quinio discuss what Wells Fargo does — and doesn’t have — going for it as it pursues this strategy. Clips from, CNN, CBS News, CNBC, CNN, HBO, KPIX, KRON4, NBC News, Wells Fargo The FT does not use generative AI to voice its podcasts. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading: Wells Fargo wants to be taken seriously as an investment bank. Will it succeed? Wells…