Career and Company Analysis We all have some skills and we are all good in different areas. For me I have always been good in math and that is what led me to choose a career in accounting. At the moment I currently work as an accounting intern and I am gaining experience in being in an office. I think it would be beneficial to further my work experience and I think a bank would be a good choice so I can learn even more skills to become a good accountant. This is why I choose Wells Fargo as my company choice. Wells Fargo is an international banking and financial services holding company. Wells Fargo by market capitalization is the largest bank in the United States and by assets the third largest. The founders of Wells Fargo are Henry Wells and William Fargo. The current CEO is John G. Stumpf. Wells Fargo was founded March 18, 1852. Wells Fargo had a goal to provide financial services by the fastest means possible. This included by sailing a ship or steamer for overseas. They also used a stagecoach, Pony Express, or railroad for overland financial services. That is why they decided to put a stagecoach as the logo because at the time it was the fastest means of service at the time. Wells Fargo holds at the top of their organizational structure the executive officers, nine to be exact. Some of these include CEO John G. Stumpf, Timothy J. Sloan President and Chief Operating Officer, and John R. Shrewsberry Senior EVP and Chief Financial officer. Then there is also the board
Wells Fargo & Company is an American multinational operating in banking and financial services, headquartered in San Francisco. Known as fourth largest bank in United States of America, Wells Fargo has created benchmark in bank deposits, home mortgage servicing and debit cards. The company
Wells Fargo is an international company based in United States and Canada. Wells Fargo has several divisions and services, ranging from basic deposit accounts to complex commercial loans.
While working or while looking for work there are certain skills sets that are universally important. No matter what job or career path you have chosen these skills make it easier to obtain your goals, whatever they may be.
Businessmen in New York establish Wells, Fargo and Company, destined to become the leading freight and banking company of the West.
In 1852, Henry Wells and William Fargo founded Wells Fargo & Co. to serve the West during the American Gold Rush. There was a panic crisis where many business owners saw their doors closing in 1855. Following the survival of Wells Fargo, they were given two advantages. The first advantage being virtually no competition in California, and the second being Wells Fargo had already made a name for itself being reputable and dependable in their work. From 1855 to 1866 Wells Fargo saw exponential growth.
Henry Wells, William Fargo and several others signed the articles of association on the 18th of March, 1852. On the 18th of July, 1852, the California branch of Wells Fargo & Company opened in San Francisco and Sacramento. Wells Fargo & Company realized that they needed to get through to their customers in their own language. In 1855, Wells Fargo & Company began hiring translators to well… translate. In 1858, Wells Fargo & Company began shipping money… and people across the 2,757 miles. They decided to join in by helping to financially aid the Butterfield Line. (A transcontinental stagecoach line). The line provided twice-weekly service to Texas and other Southwestern states.
Wells Fargo is an American multinational diversified financial services company. The company operates throughout the world. It is one of the largest banks in the US in the state of assets. Moreover, Wells Fargo is the largest market capitalization bank in the US. It takes the second category in the field of deposits, delivery of home mortgage services, and delivery of credit cards. The company has its headquarters in Francisco, California. The company has coverage of more than twenty-four states in the US. In every state, it has established its headquarters that act as distribution and storage regions for the company's products and services. The company offers insurance, banking, mortgage, and consumer financing through the sale and distribution of its networks across the US. The advantages of Wells Fargo Company are widely distributed: they have helped it realize a stable market in the United States and around the globe.
When I went to work for Wells Fargo and Company nearly 16 years ago, I went based on the little I knew of the company at the time. My impression was that Wells Fargo and Company was exactly what I was seeking in a company. I felt they were a company I could build my career with. I saw Wells Fargo as an institution I could join for my personal and professional long-term growth. I knew the company as the image of the stagecoach and I saw what others see when they look at the company. The image of its stagecoach represented an aged and stable company with a strong reputation as a prosperous and growing yet conservative
Wells, Fargo & Co. came into America in the age of economic boom and westward expansion, and
Our paper today will be on Wells Fargo. Wells Fargo is an American bank that was created in 1852 by Henry Wells and James Fargo. It is the second largest bank in the USA in terms of market cap, operates in over 42 countries around the world, and has over 260,000 employees.
Wells Fargo was established in 1852 by Henry Wells and Williams Fargo who joined a group of other investors to form a transportation and banking company. In 1849, gold was discovered in California, which encouraged a huge demand for its cross country shipping and by 1852 Wells Fargo shipped its first consignment of gold. Wells Fargo also established merger deals with Pony expresses which made them one of the pioneers of pony transportation. This company later expanded to a company that offered not just pony and gold transportation services, but also offered banking services by purchasing gold and selling paper bank drafts as good as gold. In 1905, the banking branch of the company merged with the Nevada National Bank and established its new headquarters in San Francisco. ("Wells and Fargo start shipping and banking company", 2016).
Wells Fargo founded in 1852 is known for being a financial services company. Wells Fargo provides banking, insurance, investment, mortgage, and consumer and commercial financial services through more than 8,600 locations, 13,000 ATM’s, online, and mobile devices. Wells Fargo is headquartered in San Francisco, California but has a vision of being decentralized from that location. Being decentralized allows each location to act as a headquarters to provide their customers with specific financial services. Wells Fargo employs approximately 268,000 employees to serve 70 million customers.
Embarking a career with Deloitte instilled within me a deep sense of accountability. Factoring my learning proficiency, ability to accomplish goals while striking consensus with colleagues provided me an opportunity to become the quality assurance lead at an early stage. I recall this experience as one of the most challenging experiences in my career.
Since 1852, when Henry Wells and William Fargo founded the company, it has always had the main focus on its customers. Originally, the idea set aside this financial institution from the rest was the determination with the Pony Express and the classic stagecoaches to allow express banking. “Wells Fargo earned a reputation of trust by dealing rapidly and responsibly with people’s money” (Wells Fargo, 2017). The bank began to grow rapidly throughout the years and took on the motto “Ocean to Ocean”, it was a this time the stagecoaches began traveling miles and miles in order to deliver their customers banking needs in a timely manner. However, by the time the Great Depression hit, the bank unfortunately lost all their business and resorted back to their original stomping grounds in San Francisco. It wasn’t until during this time, the Wells Fargo stagecoach became a symbolic icon in the Hollywood western films. By taking on this credibility in the films, it provided a leverage for the company to come back and take back their “Ocean to Ocean” title. “New banking concepts not only changed where people banked, but how they banked. Drive-up tellers,
Companies often use a (CPM) – Competitive Profile Matrix to better understand their external environment as well as their competition within the industry they operate. The matrix identifies a company’s key competitors and draws a comparison using the industry’s critical success factors. The analysis also reveals a company’s strengths and weaknesses against its competition, making them aware of problematic areas needing improvement and also areas that are doing well and need to be protected (See Appendix F).