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Wells Fargo was an American banking company based in San Francisco, California, that was acquired by Norwest Corporation in 1998. During the California Gold Rush in early 1848 at Sutter's Mill near Coloma, California, financiers and entrepreneurs from all over North America and the world flocked to California, drawn by the promise of huge profits.
Map of Wells Fargo branches in August 2015 Wells Fargo branch in Berkeley, California A former Wachovia branch converted to Wells Fargo in the fall of 2011 in Durham, North Carolina American Express Co. early receipts (1853, 1869) Stagecoach with Christmas gifts at a Wells Fargo Bank, San Francisco Wells Fargo & Co. Express building circa 1860, Stockton, California Mud wagon — Wells Fargo U ...
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In 2018, Wells Fargo Bank created a television ad which mentions Cornelius Beekman. It mentions a Wells Fargo stage coach being robbed and the thieves being deceived by Beekman into stealing rocks. There is an explanation for how this deception worked. The robbers expected the express agents to use the strong box for gold.
He tried mining again but had no luck and in the 1870s took a job as a stagecoach shotgun messenger for Wells Fargo & Co. operating out of San Andreas and later Visalia, California [5] He was so successful at his job with Wells Fargo that in 1878, Wells Fargo superintendent J. J. Valentine ordered Paul to Arizona to deal with a series of gold ...
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, Wells Fargo acquired Century Bancshares of Texas. [8]
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It also provided fast railroad freight service through a subsidiary, the Wells Fargo Carloading Corporation. [6] Succeeding Jones as president of Wells Fargo was Ralph T. Reed in 1956, Howard L. Clark in 1960, R. D. Beals in 1963, and James A. Henderson in 1964. Wells Fargo continued its overseas express service until the 1960s; by the middle ...