Henry Wells and William G. Fargo found Wells, Fargo & Co., offering banking and express services for the Gold Rush port of San Francisco. The company’s board of directors resolves to “make arrangements with a Bank, Banker, or other parties in the principal cities and towns in the U.S. and Canada to sell and pay the Drafts or Bills of Exchange of Wells, Fargo & Co.”
Wells Fargo opens an express bank in Victoria, BC during the Frasier River gold rush. Locals and prospectors agree, “Such an establishment is much needed.” A full-service bank is open in Victoria until 1873.
Wells Fargo acquires the Alaska-Pacific Express Company.
Wells Fargo expands its express service to Port Stanley.
Wells Fargo establishes subsidiaries in Canada, including Wells Fargo & Company Ltd. and Wells Fargo Realty of Canada during the 1970s.
Canadian banking laws now permit more foreign banks to operate here. Wells Fargo Bank Canada opens with headquarters in Calgary.
Congress Financial, predecessor to Wachovia Capital Finance Corp. (Canada), opens in Toronto.
Wells Fargo joins with Norwest, which has 147 consumer finance locations across Canada through its 1992 acquisition of Trans Canada Credit Corporation Ltd.
Wells Fargo Foothill opens a new Canadian affiliate, Wells Fargo Foothill Canada. Wells Fargo Business Credit Canada opens.
Wells Fargo increases its presence through its acquisition of Wachovia and it’s many holdings.
Wachovia Capital Finance Corp. (Canada), Wells Fargo Business Credit Canada, and Wells Fargo Foothill merge and rebrand under the trade name Wells Fargo Capital Finance.
Wells Fargo acquires the North American portions of GE Capital’s Commercial Distribution Finance and Vendor Finance businesses, as well as a portion of its Corporate Finance business.