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ADDING and REPLACING Wells Fargo Statement Regarding System Issues

February 7, 2019

SAN FRANCISCO--(BUSINESS WIRE)--Feb 7, 2019--Add new second paragraph.

The release now reads: 

WELLS FARGO STATEMENT REGARDING SYSTEM ISSUES

Wells Fargo & Company issued the following statement:

We’re experiencing system issues due to a power shutdown at one of our facilities, initiated after smoke was detected following routine maintenance. We’re working to restore all our services as soon as possible.

We apologize for the inconvenience caused by these system issues, and we want our customers to know that any Wells Fargo fees incurred as a result of these issues will be reversed.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s 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 7,800 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 37 countries and territories to support customers who conduct business in the global economy. With approximately 259,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190207005714/en/

CONTACT: Media Contact

Hilary O’Byrne, 415-715-4958

Hilary.OByrne@wellsfargo.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Wells Fargo & Company

Copyright Business Wire 2019.

PUB: 02/07/2019 05:20 PM/DISC: 02/07/2019 05:20 PM

http://www.businesswire.com/news/home/20190207005714/en

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