Agenda
- Introduction
- History of Wells Fargo
- Stock Performance Over the Last 17 Years
- Wells Fargo Today
- Wells Fargo's Benefits/Culture
- Corporate Social Responsibility
- Conclusion
Why Wells Fargo?
- As a child, my parents always banked with Wachovia (now Wells Fargo)
- Many family members have worked here
- Room for upward mobility
History of Wells Fargo
- Founded in 1852
- New York Businessmen Wells and Fargo wanted to create a leading transport and banking company for California
- Gold Rush caused business to boom and facilitated the growth of California
- Acquired many competitors giving greater cash flows
- Acquired Wachovia during 2008 financial crisis giving global reach
Stock Performance over 17 Years
Wells Fargo Today
- 7th largest public company in the world (sales, profits, assets and market value)
- $1,900,000,000,000 ($1.9 trillion) in assets
- $1.3 trillion in deposits - 3rd place behind JP Morgan and Bank of America)
- 70 million customers along with 1 in 3 American households
- Over 269,000 employees in 42 countries
Wells Fargo Benefits/Culture
- 401(k) matching program up to 6% of quarterly pay
- $5000 reimbursement for adoption
- Will support active lifestyle changes
Corporate Social Responsibility
- Wells Fargo supports the community that makes it profitable
- Over 30,000 non-profits supported
- It would take one person 213 years to volunteer 1,867,122 hours like Wells Fargo
Conclusion
- Wells Fargo is a strong, historical, corporation
- Formidable presence throughout the United States
- Continues to impress on the balance sheet and income statements
- Recruitment begins in September for Wealth Management and Investment Banking
Works Cited
Fargo, Wells. Bank of America Merrill Lynch Future of Financials 2016 Conference. Bank of America-Merrill Lynch Conference. Wells Fargo, 15 Nov. 2016. Web. 11 Apr. 2017.
Wells Fargo. "Corporate Social Responsibility." Corporate Social Responsibility - Wells Fargo. Wells Fargo, Web. 11 Apr. 2017.
Wells Fargo. "Wells Fargo History." Wells Fargo History. Web. 11 Apr. 2017.
Credits:
Created with images by JeepersMedia - "Wells Fargo Bank"