Wells Fargo bank was founded in New York City in 1852. Wells Fargo—one of the Big Four banks in the United States with Bank of America, Citigroup and JP Morgan Chase—is now headquartered in San Francisco, California.
The Wells Fargo nickname “Hells Fargo” (or “Hell’s Fargo") has been cited in print since at least 1992. Other Wells Fargo nicknames include “Wells Fargone” (cited in print since 1997) and “Wells Fiasco” (cited in print since 2010).
Wikipedia: Wells Fargo
Wells Fargo & Company (NYSE: WFC) is an American multinational diversified financial services company with operations around the world. Wells Fargo is the fourth largest bank in the US by assets and the second largest bank by market capitalization. Wells Fargo is the second largest bank in deposits, home mortgage servicing, and debit card. In 2007 it was the only bank in the United States to be rated AAA by S&P, though its rating has since been lowered to AA-[ in light of the financial crisis of 2007–2010.
The firm’s primary U.S. operating subsidiary is national bank Wells Fargo Bank, N.A., which designates its main office as Sioux Falls, South Dakota for legal purposes.
Wells Fargo in its present form is a result of an acquisition of California-based Wells Fargo & Company by Minneapolis-based Norwest Corporation in 1998. Although Norwest was technically the surviving entity, the new company renamed itself Wells Fargo, capitalizing on the 150-year history of the nationally-recognized name and its trademark stagecoach. Following the acquisition, the company transferred its headquarters to Wells Fargo’s headquarters in San Francisco and merged its operating subsidiary with Wells Fargo’s operating subsidiary in Sioux Falls.
In 2010 Wells Fargo had 6,335 retail branches (called stores by Wells Fargo), 12,000 automated teller machines, 280,000 employees and over 70 million customers. Wells Fargo operates stores and ATMs under Wells Fargo’s and Wachovia’s names.
Wells Fargo is one of the Big Four banks of the United States with Bank of America, Citigroup and JP Morgan Chase.
Google Groups: ba.general
Date: Tue, 31 Mar 1992 00:09:05 GMT
Local: Mon, Mar 30 1992 7:09 pm
Subject: Wells Fargo-difficulties
In addition to other problems I’ve had with Hells Fargo is the amount of time it takes to clear deposits made thru their Automatic tellers.
Yamaha R1 Forum
03-01-2005, 07:22 AM
Hells Fargo supports our troops
OSAWATOMIE, Kan.—A Kansas soldier who is on active duty in Iraq is also fighting for his home.
A bank is trying to foreclose on Sgt. Steve Welter’s house in Osawatomie, which is illegal. It is a violation of a 64-year-old federal law to foreclose on a soldier’s property while he or she is at war.
Welter has been fighting in Iraq since September. Meanwhile, Wells Fargo Home Mortgage is threatening to foreclose on the house where his wife and three children live.
Google Groups: misc.consumers
From: “Bright Shiny Objects Fascinate Me...”
Date: 3 Apr 2007 17:05:03 -0700
Local: Tues, Apr 3 2007 7:05 pm
Subject: Re: Restaurants and credit cards
Oddly enough, Wells Fargo (whom I have dubbed Hells Fargo in previous years) was on the ball for me and I didn’t have to pay a cent...now only if their banking side could be like their credit side I’d go back to them in a heartbeat.
12-24-2008 02:05 PM
geez.....glad I don’t owe Hells Fargo any money
Wells Fargo(Hells Fargo)
Wells Fargo Complaint by Shenandoah198
Posted On: 2010-11-21
New York City • Banking/Finance/Insurance • (0) Comments • Wednesday, April 13, 2011 • Permalink