Tuesday, June 9, 2009

Wells Fargo in the Q.C.: A "hubquarter"

Posted By on Tue, Jun 9, 2009 at 9:47 AM

The former Wachovia, swallowed whole by Wells Fargo, has lost some clout on the world stage. But, we saw that coming, didn't we? What we don't know is how many jobs will be axed.

Even as it cuts jobs here, Wells has continued to stress its dedication to the city, with CEO Stumpf calling it one of the bank's 10 “hubquarters” in his annual letter to shareholders. The bank plans to make the same charitable donations in Charlotte this year as last year (about $8 million) and says it will occupy space in the new skyscraper it's building on South Tryon Street, although Duke Energy will put its name on the tower.

“As a strong, stable and growing company, Wells Fargo is and will continue to be an important and vital part of the Charlotte community,” spokeswoman Mary Eshet said.

Read more at Charlotte.com.

Tags: , , , ,

Pin It
Submit to Reddit


Subscribe to this thread:

Add a comment

Creative Loafing encourages a healthy discussion on its website from all sides of the conversation, but we reserve the right to delete any comments that detract from that. Violence, racism and personal attacks that go beyond the pale will not be tolerated.

Search Events

items in Creative Loafing Charlotte More in Creative Loafing Charlotte pool

© 2019 Womack Digital, LLC
Powered by Foundation