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Wells Fargo (1852–1998) Founded: 1929 ... Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco
During the financial panic of September 2008, Wells Fargo made a bid to purchase the troubled Wachovia Corporation. Although at first inclined to accept a September 29 agreement brokered by the Federal Deposit Insurance Corporation to sell its banking operations to Citigroup for $2.2 billion, on October 3, Wachovia accepted Wells Fargo's offer to buy all of the financial institutions for $15.1 ...