Wells Fargo (WFC) gets into the prime brokerage business, buying Merlin Securities for an...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

Wells Fargo (WFC) gets into the prime brokerage business, buying Merlin Securities for an undisclosed price. Merlin has about 500 hedge fund, family office, and investment adviser clients and about 100 employees. (PR)