Wells Fargo appoints new Asian boss

Wells Fargo International appoints Michael Gallagher as senior vice president and Asia regional manager.

Based in Hong Kong, Gallagher will lead the company's operations in Asia. Wells Fargo has outstanding US-oriented products and services which can be leveraged to serve Asia businesses, institutions and individuals, he says.

Gallagher says Wells Fargo's Asia focus is two-fold. The first is to grow its institutional and private wealth management business. Gallagher's predecessor, Ignatius Choong, who is now the managing director of Asia investment management, heads this effort up.

The second area is factoring and this is Gallagher's responsibility. Wells Fargo is looking to work with its affiliate, Century Business Facility, to bring its services to Asian companies. Gallagher says he will be working with Century to identify...

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