trending Market Intelligence /marketintelligence/en/news-insights/trending/qCvQ4gzsMAWQ8pEIIr3d2A2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Report: Principal Financial in talks to buy Wells Fargo's retirement business

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Principal Financial in talks to buy Wells Fargo's retirement business

A more than $1 billion deal under which Principal Financial Group Inc. would acquire Wells Fargo & Co.'s retirement plan service business could be announced later in March, if negotiations end successfully, Reuters reported, citing sources.

The business, which includes Wells Fargo's 401(k) savings accounts business, would help Principal Financial grow a similar business.

The news comes as Wells Fargo works on streamlining its business after the Federal Reserve imposed an asset cap on the bank in February 2018.

Representatives of Principal Financial and Wells Fargo said the companies do not comment on rumors or speculations.