Wells Fargo

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Wells Fargo is a financial services company founded in 1852 and headquartered in San Francisco, California. Wells Fargo acquired Wachovia in 2008.

Record and Controversies

Revolving Door

  • Robert K. Steel, a director since January 2009 joined the board when Wachovia was acquired by Wells Fargo. He was Under Secretary of the Treasury for Domestic Finance from October 2006 to July 2008.[1][2]


Revolving Door.jpg This article is part of the Revolving Door project of Spinwatch.



  1. Wachovia, "Wachovia Names Robert K. Steel CEO and President," Press Release 09 July 2008, accessed 10 February 2011.
  2. Finger, Katy, "Who is Robert Steel, Wachovia's new chief?," Charlotte Business Journal, 10 July 2008, accessed 10 February 2011.