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Wells Fargo, in its present form, is a result of a merger between the original Wells Fargo & Company and Minneapolis-based Norwest Corporation in 1998. The merged company took the better-known Wells Fargo name and moved to Wells Fargo's hub in San Francisco.
Wells Fargo Securities was established in 2009 to house Wells Fargo's new capital markets group, which it obtained during the Wachovia acquisition. Prior to that point, Wells Fargo had little to no participation in investment banking activities, though Wachovia had a well-established investment banking practice which operated under the Wachovia ...
The bank was renamed in the mid-1980s after a series of mergers. After being acquired by First Union Corporation, which later also acquired Wachovia National Bank to become Wachovia Corporation, CoreStates Financial Corporation became a part of Wells Fargo in 2008 when Wachovia (formerly known as First Union) was acquired by that company.
Wells Fargo & Company (NYS: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells ...
However, it retains Norwest's pre-1998 stock price history and corporate structure, and all pre-1998 SEC filings are under Norwest, not Wells Fargo. Former Wells Fargo stockholders held 52.5 percent of the newly combined company and former Norwest stockholders held 47.5 percent. Paul Hazen, chairman and CEO of Wells Fargo, become chairman of ...
The company has been consolidating its Charlotte footprint with leasing the entire 300 South Brevard building, [26] expanding their employee space at the Duke Energy Center following Duke's departure, [27] and relocating additional employees in Three Wells Fargo Center. Wells Fargo's departure will leave several large blocks of continuous space ...
The project received the 1986–1987 and 2003–2004 Building Owners and Managers Association (BOMA) Office Building of the Year Award, and numerous others. A branch of the Wells Fargo History Museum is located at the center. [10]
With a solid 2.30% dividend and many headline issues in the rearview mirror, this money-center giant makes sense now. Wells Fargo & Co. is a financial services company that provides diversified ...