Founder Mr.Henry Wells & Mr.William J Fargo

Fortune ranking 29

Year of Establishment New York City March 18, 1857

Industry Banking, Financial Service

Chairman & CEO Mr.John G. Stumpf

Products Retail Banking, Investment Banking, Commercial Banking, Mortgages,

Consumer Finance

Official Website www.wellsfargo.com

Branches 6335

ATM’s 12,094

Employees 281,000

Customers 70 million

• Created by Henry Wells andWilliam Fargo in March of 1852.

• Started in San Francisco,California.

• Banking started as minersputting their gold into the bankand receiving a receipt.

• Wells Fargo & Co is a diversified financial services company.

• It provides retail, corporate and commercial banking services

through banking stores and offices, the internet and other

distribution channels to individuals, businesses and institutions.

• Motto is: “Standing together with our customers and communities”

• Wells Fargo is the fourth largest bank in the US by assets and the

second largest bank by market capitalization.

– Community Banking• Deposits

• Checking accounts

• Savings accounts

• Loans

– Wholesale Banking• Commercial, corporate, and real estate banking

– Wells Fargo Financial• Credit cards

• Auto finance operations

1. Focus on Vision & Values.

2. Promoting talented & Worthy People & Assigning Responsibilities.

3. Making People Responsible for their actions

4. Rewarding Outstanding Performance & Appraisal

5. Building A Culture of Team Spirit

6. Evaluating Employee Performance

7. Developing future leaders

8. Developing a culture of shared responsibility

• The group believes in the philosophy that treat people how we liketo be treated:– Work as a team’s

– Trust and respect each other

– Listen, support and say thank you

– Share knowledge and experience

• When trying to gain a competitive edge, the group tries to ensurethat its vision for society & values at running the organisation arenot kept aside.

The group believes that it must attract, develop, retain and motivatethe most talented people who care and who work together as partnersacross business units and functions.

• Encourage talented people to join Wells Fargo and stay.

• Match the right people to the right roles and take action wherethere are gaps.

• Empower people to be the best they can be Build pride in WellsFargo.

The group believes in want to giving its people the training they needto succeed in their work. They want them to be responsible andaccountable for their businesses and functions.

• The group believes in recognizing and thanking its people for itsoutstanding performance.

• They believe everyone on their team is important and deservesrespect for who they are and how they can contribute to oursuccess.

• Celebrate success through recognition schemes, including Spotlightwhich give employees credit for exceptional performance.

• The Group believes in referring to its employees as “teammembers” not “employees” because their people are a preciousresource to be invested in, not expenses to be managed—andbecause teamwork is essential to help their customers & theirbusiness succeed financially.

• The group believes that products and technology don’t fulfil thepromise behind a brand people do, people who are more talented,more motivated, more energized than their competitors.

They value the contribution every team member can make towardtheir company’s success by:

Holding themselves personally accountable for results.

Taking prudent risks.

Leading by example.

Leading by having the courage to speak what we believe is thetruth.

Making decisions locally, close to the customer.

Caring about each other and showing it.

Each year, the Wells Fargo group invest millions of dollars in teammember training for education, mentoring and coaching, developingmanagement and leadership skills, and helping team members findchallenging new assignments.

They believe the greatest skill is the skill to learn new skills. At WellsFargo, career development is a shared responsibility between teammembers and their managers. They believe that they are expected totake charge of our own career development.