Wells Fargo banking charters combined in South Dakota - 2004-01-10
Wells Fargo & Co. has combined its separate-state bank charters, including its Minnesota bank, into one South Dakota-based bank.
Wells Fargo, which has added about 5,000 Twin Cities jobs since 1998 through its banking, mortgage and other operations, said it will not cut any of its 17,600 Minnesota jobs as a result of the consolidation.
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