Wells Fargo named to annual list

Wells Fargo & Company has announced that Fortune magazine rated the company 14th on its annual list of “World’s Most Admired Companies” and is the survey’s highest-ranking financial services company. The list and related stories appear in the March 16 issue and at www.fortune.com.

“This is the highest ranking our company has ever achieved in this prestigious survey and also the first time Wells Fargo has been the highest ranked financial services company,” said John Stumpf, Wells Fargo’s president and CEO. “This achievement is a tribute to the hard work and customer focus of all 281,000 of our team members.”

Each year, Fortune asks more than 10,000 executives, directors and securities analysts to vote for the globally recognized companies that they admire most, from any industry. They rated 363 companies on nine criteria: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products/services and glo-bal competitiveness.

In February, Barron’s ranked Wells Fargo among the world’s 25 most-respected companies.

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