Chase manhattan and J.P. Morgan. Deutsche Bank and BT Alex. Brown. BankBoston and Robertson Stephens. First Union and EVEREN Capital. It seems a week doesn't pass without a commercial bank gobbling up an investment banker. But there's a glaring omission to the list: Wells Fargo. Since Glass-Steagall rules prohibiting banks from underwriting stocks were lifted last year, Wells has been an exception to the trend of banks bulking up their dealmaking business.
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