Wells Fargo appoints new Asian boss

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. T…