Palo Alto, California — According to state and local development sources, Wells Fargo plans to invest $1,700,000.00 to build out new space in Palo Alto. The company plans to occupy the new space at 301 University Ave in Palo Alto, on or about December 1, 2024. According to the company website Wells Fargo and Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargos vision is to satisfy our customers financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 8,050 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 38 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo was ranked No. 26 on Fortunes 2018 rankings of Americas largest corporations.

To learn more about Wells Fargo, visit http://wellsfargo.com/

Company Contact:
Charles Scharf, Chief Executive Officer
charles.scharf@wellsfargo.com
866-878-5865

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