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With Wells Fargo Home Mortgage, Wells Fargo Banks, Wells Fargo Insurance, Wells Fargo Private Client Services (composed of brokerage, trust, and private banking), Norwest Private equity, Foothill (Corporate Asset based lending) and Wells Fargo Financial ( consumer finance), the company sells virtually every type of financial service available.
Headquarted in San Francisco, Wells Fargo is a result of the acquisition of California-based Wells Fargo & Co. by Minneapolis-based Norwest Corporation in 1998. Norwest changed its name to Wells Fargo by the start of 2000.
Henry Wells and William Fargo founded Wells Fargo & Co. in 1852 as a stagecoachA stagecoach is a type of four-wheeled enclosed passenger and/or mail coach, strongly sprung and drawn by four horses, widely used before the introduction of railway transport. A stagecoach would stop periodically at so-called staging posts to take on fre company during the California Gold RushThe California Gold Rush was a period in history marked by hysteria concerning a gold discovery in Northern California. The period is also marked by mass migrations into California by people, almost exclusively men, seeking an easy fortune. Most, however,. Its major focus was its express business until World War IWorld War I (also known as the First World War , the Great War the War of the Nations and the "War to End All Wars") was a world conflict occurring from 1914 to 1918. No previous conflict had mobilized so many soldiers, or involved so many in the field of, when the U.S. government nationalized the express business; the company then shifted its focus to financial services. The stagecoach still appears prominently in Wells Fargo advertising and brand image.The current CEO is Richard KovacevichRichard "Dick" Kovacevich is the CEO of Wells Fargo. A graduate of Stanford University, Kovacevich worked for General Mills before joining Citicorp. According to some calculations, he was the 7th highest paid CEO in the world in 2003. At Citicorp he was m.
Wells Fargo recieved a 100% rating on the Corporate Equality Index released by the Human Rights CampaignThe Human Rights Campaign HRC is the largest lesbian, gay, bisexual, and transgender ( LGBT) equal rights organization in the United States. The HRC "envisions an America where [LGBT] people are ensured of their basic equal rights, and can be open, honest starting in 20042004 is a leap year starting on Thursday (the link is to a full 2004 calendar), and has also been designated the: International Year of Rice International Year to Commemorate the Struggle against Slavery and its Abolition Elections are to be held in 73 co, the third year of the report.