Wells Fargo & Company

Henry Wells and William Fargo established Wells, Fargo & Co. in 1852 to provide banking and courier services for valuable goods. The company opened to capitalize on the gold rush of San Francisco and the broad West of the United States. Wells, Fargo & Co. operated a stagecoach line in the 1860s and it established itself as the dominant player in the courier services ecosystem. In 1866, the company consolidated all mail stage lines under its purview under the name Wells Fargo.

In the present period, Wells Fargo is a multinational company with greatly diversified business operations. The company is a major player in the global financial services industry where it offers banking services to a wide range of customers. Specifically, Wells Fargo’s operates as a provider of community banking services, and wholesale banking. In addition, the institution manages wealth and investments. Wells Fargo has its headquarters in San Francisco, California. The company’s shares trade on NYSE under WFC as its symbol.

Latest Wells Fargo & Company News

FTSE 100 Index – Highlights Of The Past Week

The FTSE 100 index opened at 7247.08 on Monday, October 14th, 2019. The index traded below the opening level throughout the week and have closed at 7,160.87 on Friday. The market presented a sharp decline of around 87 points in...

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