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Wells Fargo has no immediate plans to buy a UK-based asset manager -regional president

Reuters - UK Focus

LONDON, Nov 9 (Reuters) - Wells Fargo (Hanover: NWT.HA - news) has no immediate plans to acquire an asset manager in Britain, the U.S (Other OTC: UBGXF - news) . bank's regional president said, after a Sunday Times report said it was considering moves for several firms.

"We don't have any immediate plans to acquire a UK-based investment firm," Jim Johnston, president for Europe, the Middle East and Africa, told Reuters. (Reporting by Angus Berwick; editing by Simon Jessop)