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Wells Fargo continues to reduce workforce at its Jordan Creek campus, this time laying off 40 workers and bringing the total over 1,400 since 2018. ... Wells Fargo’s continued layoffs were expected.
May 16, 2024 at 11:48 AM. Wells Fargo is laying off 24 employees from its West Des Moines campus, according to the state’s Worker Adjustment and Retraining Notification or WARN , website. The ...
Wells Fargo has announced 36 more layoffs from its Jordan Creek Parkway campus in West Des Moines. The reduction of workers was reported on Iowa's Worker Adjustment and Retraining Notification, or ...
Wells Fargo. Website. evergreeninvestments .com. Evergreen Investments was the investment management business of Wachovia. The brand was merged into Wells Fargo Advantage Funds and subsequently phased out following Wells Fargo 's acquisition of Wachovia. [1] The brand was officially retired on July 20, 2010.
Acquisitions in 1999–2000. Continuing the Norwest tradition of making numerous smaller acquisitions each year, Wells Fargo acquired 13 companies during 1999 with total assets of $2.4 billion. The largest of these was the February purchase of Brownsville, Texas -based Mercantile Financial Enterprises, Inc., which had $779 million in assets.
In June 2022, a former senior executive at Better filed a lawsuit alleging that the company misled investors in its filings. After an investigation by the U.S. Securities and Exchange Commission found no issues, the complaint was withdrawn and the company won a judgment against the filer. Layoffs and controversial comments by CEO
Wells Fargo’s headcount went down significantly, Scharf said. The company had more than 268,000 employees in 2020, according to a filing with the U.S. Securities and Exchange Commission .
Successor. Wells Fargo First Interstate BancSystem. Headquarters. Los Angeles, California. First Interstate Bancorp was a bank holding company based in the United States that was taken over in 1996 by Wells Fargo. Headquartered in Los Angeles, it was the nation's eighth largest banking company.