WELLS FARGO
A company that operated stage routes carrying mail, freight and passengers to and from the West from 1849. The firm issued stamps and applied cancels to envelopes which are considered very desirable. | ||||
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WELLS FARGO Definition from Encyclopedia Dictionaries & Glossaries
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Wells Fargo
Wells Fargo & Co. ( NYSE: WFC) is a diversified financial services company in the United States with consumer finance subsidiaries doing business in Canada and Puerto Rico.
Headquartered in San Francisco, California (its bank, Wells Fargo Bank, N.A., is legally chartered in Sioux Falls, South Dakota), Wells Fargo is a result of an acquisition of California-based Wells Fargo & Co. by Minneapolis-based Norwest Corporation in 1998. The new company chose to keep the name Wells Fargo, to capitalize on the 150-year history of the nationally-recognized Wells Fargo name and its trademark stagecoach (the company's slogan, "The Next Stage," is a nod to the company's wagons-west motif). After the acquisition, the company maintained its headquarters in San Francisco.
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