Wells Fargo Sells 52 Retail Bank Branches to Flagstar Bank

November 30, 2018

S&C represents Wells Fargo & Company in its sale of 52 retail bank branches to Flagstar Bank, FSB, a subsidiary of Flagstar Bancorp, Inc. The S&C team on the transaction was led by Mitchell Eitel and Stephen Salley, along with Nathan Baum and Charlene Kim. Marc Treviño, along with Jeannette Bander and Sarah Remmer Long advised on executive compensation and benefits matters; Benjamin Weber and Brian O'Reilly, along with Jason Wasser advised on real estate matters; Ronald Creamer and Eric Lopata advised on tax matters; and Matthew Brennan advised on environmental matters.