Wells Fargo eyes up Irish market

US banking giant Wells Fargo is eyeing up a potential move into the Irish market.

According to a banking source in London, who did not want to be named, four senior Wells Fargo executives have been relocated from the US to London to look at the UK and Ireland. It is not known what type of presence the US bank would consider in this country.

A spokesperson for Wells Fargo in London said it is not company policy to comment on market rumours.