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It changed its name back to Wells Fargo Bank in 1962. In 1968, Wells Fargo was converted to a federal banking charter and became Wells Fargo Bank, N.A. In that same year, Wells Fargo merged with Henry Trione's Sonoma Mortgage in a $10.8 million stock transfer, making Trione the largest shareholder in Wells Fargo until Warren Buffett and Walter ...
Here are some of the biggest bank mergers and acquisitions in American history. ... Major U.S. bank mergers and acquisitions. Matthew Goldberg. ... Wells Fargo. Wachovia Corp. $15.1 billion. Aug ...
The lobby and teller windows retain decor commonly found in bank lobbies during the early 20th century. National Bank of Alaska (originally known as Bank of Alaska) was Alaska's largest financial institution for the latter part of the 20th century. In 2000, it was purchased by Wells Fargo, [1] giving the larger bank a presence in 23 states.
Bank of America: 1986 Wells Fargo Corp. Crocker National Bank: Wells Fargo Corp. (combined California bank uses Crocker's charter) Wells Fargo: 1987 Chemical Bank New York Trust Co. Texas Commerce Bank: Chemical Banking Corporation (TX banks continued to operate as Texas Commerce) $1.2 billion JPMorgan Chase: 1987 NBD Bancorp: USAmeribancs: NBD ...
With more than $1.4 trillion in assets, I wouldn't exactly call Wells Fargo an under-the-radar bank, but it typically doesn't make the headlines the way its big-bank peers do. That's a good thing.
In January 2007, Wells Fargo acquired Placer Sierra Bank. [3] In May 2007, Wells Fargo acquired Greater Bay Bancorp, which had $7.4 billion in assets, in a $1.5 billion transaction. [4] [5] In June 2007, Wells Fargo acquired CIT's construction unit. [6] In January 2008, Wells Fargo acquired United Bancorporation of Wyoming. [7] In August 2008 ...
The following table lists the 100 largest bank holding companies in the United States ranked by total assets of ... Wells Fargo: San Francisco, California: $1,922 9.2 ...
Big banks including JPMorgan Chase , Goldman Sachs Morgan Stanley and Wells Fargo rose between 11% and 13% Wednesday while Bank of America and Citigroup each rose more than 8%.