Wells Fargo and Wachovia merger Issue Wachovia and Wells Fargo faced many issues as though all banking institution when they merge. Wells Fargo’s home office of San Francisco‚ California $609 billion in Asset Corporation with more than 3000 branches in over 24 states (Casale‚ 2008). In Charlotte‚ NC‚ “the banking capital of the world” is the home office of Wachovia which‚ has 812 billion in assets‚ more than 3000 branches in over 21 states. In my research I discovered that Citigroup Inc; initially
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correlation between job satisfaction and job performance could aid investigating employee retention within Wells Fargo Sioux Falls Premier sales. It can also answer the secondary question: Does satisfied‚ well-performing bankers come from the internal or external candidate pool? Report on the Data Collection Experience The Premier Sale Queue consists of fifty-one employee who work with our Wells Fargo Customers. The Survey was delivered by email on Wednesday April 20‚ 2011. Employees were given three
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Wells Fargo is considered one of the largest financial institutions in the US and one of America’s largest employers with more than 150‚000 team members. Wells Fargo is a successful financial institution because they grow with people and technology. Technology such as computers‚ cell phones‚ i-pods‚ webcams‚ and other new technology devices are reshaping the way we play‚ communicate‚ and plan our lives and where we work. Wells Fargo uses their website to provide information to its customers‚ investors
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Wells Fargo & Company Company Overview I. Overview Wells Fargo & Company is an American multinational banking and financial services holding company with operations across the world. The company was founded in 1852 and is headquartered in San Francisco‚ California. Today Wells Fargo is the fourth largest bank in the US. Wells Fargo has $1.4 trillion in assets and more than 265‚000 team members in more than 35 countries across more than 80 businesses lines. The company’s diversified
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including a brief history and description of the current situation Wells Fargo is one of the largest banking and financial services entities in the United States. It has built a well-respected brand name and image through its excellent products and services. These products and services have helped generate substantial growth and a solid foundation over its 150 plus years of existence for the company and its customers. Wells Fargo offers a wide array of products and services including banking‚ lending
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Competitive Position Wells Fargo has started rebuilding trust with their customers by sending out email blasts with a marketing strategy geared to reinforce their commitment to ethics and integrity focusing everything the bank does on the customers they serve. Finances The purpose of the financial analysis is to evaluate the financial stability of an organization. The analysis can help identify areas for possible improvement‚ and areas of strengths that will enhance or compliment the strategic plan of the
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and social responsibility aspects of the Lori Wigod vs. Wells Fargo case. State and federal law will be discussed in the legal section and analyzed in accordance with the case. In the ethics section three very popular ethical theories will be reviewed that will encourage open-mindedness from the reader. Finally‚ the social responsibility section will take into account both the law and ethics among other characteristics to see if Wells Fargo was benefiting or hurting society. Table of Contents
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Commercial Bank: Wells Fargo Background: Wells Fargo is the largest bank in terms of market capitalization and the fourth largest bank in the United States in terms of assets. The present Wells Fargo is a result of a merger between San Francisco-based Wells Fargo & Company and Minneapolis-based Norwest Corporation in 1998. Later on October 3‚ 2008‚ Wells Fargo acquired Charlotte-based Wachovia for about $15.1 billion in a stock-for-stock transaction. Its headquarters is currently located in
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This article by John Maxfield analyzes Wells Fargo and explains the good and bad aspects associated with this company. Wells Fargo seems to be a profitable and efficient organization‚ but not all their success can be contributed to hard work. One of Wells Fargo’s factors to success has been their cautiousness to risk. Leading up to the financial crisis of 2008‚ Wells Fargo did not overindulge in the mortgage bubble before the housing market failed. As a result‚ they did not lose billions of dollars
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to analyze the dealings and negotiations between the merge of Wells Fargo & Company and Wachovia Corporation. Wachovia Corporation had been in talks with Citigroup regarding the merging of the two companies around the end of September in 2008. By September 28‚ 2008‚ Wells Fargo had expressed an interest in obtaining the Wachovia Corporation and by October 3‚ 2008‚ announced that they were going to go through with the merge. “Wells Fargo had expressed interest in buying Wachovia‚ but suddenly withdrew
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