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Wells Fargo Research Paper

204 Words1 Pages
Wells Fargo is an American based company in the international banking and financial services industry. Henry Wells and William Fargo founded Wells Fargo in 1852 (History of Wells Fargo, n.d.). Wells Fargo has its headquarters in San Francisco, California but still has other sub headquarters all around the United States. Over time, Wells Fargo became one of the largest banks in the United States. Following a couple years of great success, the bank found itself entrenched in one of the biggest bank scandals in history. Wells Fargo is accused of creating over two million fake deposits and fake credit card accounts starting in 2011 (Blake, 2016). This was done to make the company look more appealing. This means that all these accounts and credit
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