A Review of Management Techniques and Practices at Wells Fargo Bank

4114 Words 17 Pages
A Review of Management Techniques and Practices at Wells Fargo Bank

Over the past 150 years, Wells Fargo Bank has become one of the largest financial institutions in the North America. Wells Fargo Bank is much more than a bank. It’s a premium financial service provider. It believes in its people and products to help them to succeed. So how has Wells Fargo become such a leader in the financial world? It measures its success by its management staff and team members. Wells Fargo has developed and implemented its own management structure and answers the following questions regarding existing success:

1. How does the management team contribute to Wells Fargo’s achievements? 2. Can managers work to create a fun and
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While the bank does not share information to third parties it does share information within Wells Fargo companies so that subsidiaries may work together to serve the customers needs. Recently these policies have come to include helping customers to protect themselves from fraud and theft.

Wells Fargo Bank has its own personal legal issues to protect. Copyright laws help to protect all of the creative work that Wells Fargo has for the company. One good example is the Wells Fargo online banking system. This system is the highest ranking banking internet system in North America according to Global Finance. ( ) The copyrighted materials on the wellsfargo.com include, but are not limited to, the text, design, software, images, graphics, source code, and the content on the site. Trademarks are also a large part of the Wells Fargo name. The Wells Fargo stagecoach and the Wells Fargo logo box are federally registered trademarks owned by Wells Fargo. Managers at Wells Fargo from the executive level down to the store level are required to abide by all rules and guidelines set forth by the Wells Fargo legal team as wells as laws by government agencies. Team members not adhering to these laws are subject to disciplinary action as well as legal punishments by government agencies.

Wells Fargo has a Code of Ethics which is the foundation for every team member. All team members
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