Exclusive | Wells Fargo to Sell San Francisco Headquarters.

Wells Fargo is planning to sell its San Francisco headquarters at 420 Montgomery St. and shift its power base to the East Coast, with CEO Charlie Scharf and key executives now based in New York. The bank has hired Eastdil Secured as an adviser for the sale and will be moving to a new office at 333 Market St. in San Francisco. This move marks a shift away from San Francisco, where Wells Fargo has had a presence since the 1850s, but the city remains important to the bank. [Extracted from the article]