MANIFEST DESTINY 1806 1855
ELECTION OF 1848 AND THE CALIFORNIA GOLD RUSH
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Henry Wells and William Fargo
|
|
|
Levi Strauss and John Studebaker
|
|
|
Philip Armour and Williams Fargo
|
|
|
Henry Wells and John Studebaker
|
Detailed explanation-1: -On March 18, 1852, our founders-Henry Wells and William G. Fargo-built an innovative start-up to help customers build businesses and manage money in a rapidly changing world.
Detailed explanation-2: -Fargo began his career in the transportation business in 1841 as a goods receiver on the Auburn and Syracuse railroad. This is where he met Henry Wells who, in a few years’ time, offered him to become an associated partner in Wells & Company.
Detailed explanation-3: -After its string of acquisitions, in 1998, Wells Fargo Bank was acquired by Norwest Corporation of Minneapolis, with the combined company assuming the Wells Fargo name.
Detailed explanation-4: -Key Takeaways. Wells Fargo is among the top five banks in the United States. The bank makes money by lending out at a higher rate than it borrows. Wells Fargo operates four segments including Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.