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News Summary
The bank is expanding its digital asset offerings with a new Bitcoin-backed bond and a structured note linked to BlackRock's IBIT, designed around Bitcoin's halving cycle. It also announced plans to build a massive new three-million square foot headquarters in London to accommodate 12,000 employees, signaling major global expansion. Wells Fargo raised its price target on the bank to $350, maintaining an Overweight rating. The bank's CEO also commented on AI's transformative impact on the economy and the workforce.