Treasury plans to sell Wells Fargo warrants

The US Treasury plans to auction off 110m warrants from San Francisco bank Wells Fargo as a way to recover some funds spent bailing out banks and other businesses. Banks issued warrants, which give holders the right to buy shares at a particular price, when the government gave them money during the bailout, formally known as the Troubled Asset Relief Program.

Most Popular Articles

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please