Alliant the frontrunner for Wells Fargo unit: reports

Alliant is the frontrunner in the process to buy Wells
Fargo's insurance broking and consulting business, according to
reports.
Bloomberg reported this afternoon (26 June) that rival retailer
USI Insurance Services also remains in the chase to secure the
intermediary.
The report added that the San Francisco-based bank could
announce a sale of the unit within weeks.
With Wells Fargo the seventh largest broker in the US at the end
of 2015 based on revenue, a combination with Alliant, currently...