GLOBAL FINANCE MAGAZINE NAMES WELLS FARGO BEST BANK IN U.S.
SALT LAKE CITY — September 14, 2000
Global Finance magazine has named Wells Fargo Bank as the "Best Bank" in the United States. Wells Fargo was named as the magazine announced its annual list of the best banks in the United States and Canada and the best banks globally in key categories.
"Our team members have won this great honor because they are the very heart and soul of Wells Fargo," said Terri Dial, President and CEO of Wells Fargo Bank, N.A. "They are our product, they are our brand, they are our company. Our people are our best asset and our competitive advantage because people bank with people, they don't bank with a bank. And it is our people who - day in and day out - loyally serve our customers with the care and commitment they deserve."
Global Finance rated banks on the basis of performance over the past year and other subjective criteria such as reputation and management excellence. The magazine's editors made the selections after extensive consultation with bankers, analysts and corporate financial executives throughout the world.
The report will be featured in the October issue of Global Finance, which will have extra distribution in the World Bank/International Monetary Fund annual meeting in Prague, Czechoslovakia, on September 25.
"These banks have been recognized for outstanding accomplishment and, in some cases, domination of their markets," said Global Finance publisher, Joseph D. Giarraputo. "Most have been market leaders and innovators over the years, and have shown a willingness to break new ground in areas such as online banking. They set the standard for competition in their primary markets."
Wells Fargo & Company is a $234 billion diversified financial services company providing banking, insurance, investments, mortgage and consumer finance through about 5,300 stores, the industry's largest Internet banking site (wellsfargo.com ) and other distribution channels across North America, including all 50 states, and elsewhere internationally.