Wells Fargo & Co. (NYSE: WFC) to Hire 50 Employees in Santa Clara County, CA

Wells Fargo & Co. (NYSE: WFC) announced on Monday that it plans on making 50 new hires in Santa Clara County, CA.

The San Francisco-based bank has more than 2,000 employees and 62 offices in the country which many know as Silicon Valley. The firm says that it wants to add an additional 40 bankers and 10 tellers to the area.

“We’re seeking candidates who have a passion for exceeding customer expectations and interested in building a career at Wells Fargo,” Ken Jones, the bank’s Santa Clara Valley regional president, said in a statement.

Wells Fargo & Co. (NYSE: WFC) has more than 19,000 employees in the nine counties which comprise the San Francisco bay area. The company laid off 201 administrative employees in Santa Clara and Palo Alto in 2008 as part of the company’s closure of two former back offices of the Greater Bay Bancorp holding company, which Wells acquired in October 2007.

Wells Fargo & Company is a diversified financial services company. The Company provides retail, commercial and corporate banking services through banking stores located in 39 states and the District of Columbia. It provides other financial services, through subsidiaries engaged in various businesses, principally wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. The Company operates in three segments: Community Banking, Wholesale Banking, and Wealth, Brokerage and Retirement. As of December 31, 2009, the Company provided banking, insurance, investments, mortgage and consumer finance from more than 10,000 stores under various types of ownership and leasehold agreements.

Shares of Wells Fargo & Co. (NYSE: WFC) traded up 1.79% hitting $27.91 on Monday.