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Its earliest and most significant tasks included transporting gold from the Philadelphia Mint and "express" mail delivery that was faster and less expensive than U.S. Fargo, who had helped found American Express along with John Butterfield, formed Wells Fargo & Company in 1852 to provide "express" and banking services to California, which was growing rapidly due to the California Gold Rush.

3.23 Steering customers to more expensive retirement accounts.

3.22 Failure to Supervise Registered Representatives.

3.20 Discrimination against female workers.

3.19 Doing business with the gun industry and NRA.

3.18 Failure to comply with document security requirements.

3.17 Financing of Dakota Access Pipeline.

3.16 Racketeering lawsuit for mortgage appraisal overcharges.

3.14 SEC settlement for insider trading case.

3.13 Discrimination against African Americans in hiring.

3.10 Violation of New York credit card laws.

3.9 Lawsuit regarding excessive overdraft fees.

3.8 Lawsuit due to premium inflation on forced place insurance.

3.7 Lawsuit by FHA over loan underwriting.

3.6 SEC fine due to inadequate risk disclosures.

3.5 Settlement and fines regarding mortgage servicing practices.

3.3 Failure to monitor suspected money laundering.

3.2 Higher costs charged to African-American and Hispanic borrowers.

3.1 1981 MAPS Wells Fargo embezzlement scandal.

Bloomberg Businessweek reported in March 2022 that Wells Fargo was the only major lender in 2020 to reject more home refinancing applications from Black applicants than it approved. In September 2021, Wells Fargo incurred further fines from the United States Justice Department charging fraudulent behavior by the bank against foreign-exchange currency trading customers. The company has been the subject of several investigations by regulators on February 2, 2018, account fraud by the bank resulted in the Federal Reserve barring Wells Fargo from growing its nearly $2 trillion-asset base any further until the company fixed its internal problems to the satisfaction of the Federal Reserve. Wells Fargo is ranked 37th on the Fortune 500 list of the largest companies in the US. Wells Fargo became a coast-to-coast bank with the 2008 acquisition of Charlotte-based Wachovia.

At the same time, its banking subsidiary merged with Wells Fargo's Sioux Falls-based banking subsidiary. While Norwest was the nominal survivor, the merged company took the better-known Wells Fargo name and moved to Wells Fargo's hub in San Francisco. Wells Fargo, in its present form, is a result of a merger between the original Wells Fargo & Company and Minneapolis-based Norwest Corporation in 1998. It is one of the most valuable bank brands. Along with JPMorgan Chase, Bank of America, and Citigroup, Wells Fargo is one of the " Big Four Banks" of the United States. It is the fourth largest bank in the United States by total assets and is one of the largest as ranked by bank deposits and market capitalization. The firm's primary subsidiary is Wells Fargo Bank, N.A., a national bank chartered in Wilmington, Delaware, which designates its main office in Sioux Falls, South Dakota. It is considered a systemically important financial institution by the Financial Stability Board. The company has operations in 35 countries with over 70 million customers globally.

Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California, operational headquarters in Manhattan, and managerial offices throughout the United States and internationally. $2 stamp and 10 cents stamped envelope with Pony Express cancellation, carried from San Francisco to New York City in 12 days, during June 1861.