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Wells Fargo seems to be getting its Minnesota mojo back Bank investing in businesses, nonprofits in the home of its roots. April 18, 2021 2:00pm Text size Copy shortlink:
Wells Fargo may be getting its mojo back, nationally and in the Twin Cities.
Minnesota is no longer the organizational heart that it was after former Norwest CEO Dick Kovacevich moved from Minneapolis to San Francisco in 1999 to become CEO of the merged bank-holding company that took the Wells Fargo name and California headquarters.
Wells Fargo, under its third CEO in five years, seems to have put behind it billions in fines and years of damage to its reputation that dimmed its star and capped growth and left Minnesota a declining regional hub.
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