Wells Fargo Brand Expanding in Canada: “Trans Canada Credit Corporation, the consumer finance business that has served Canadians for more than 60 years, announced today it has changed its name effective Jan. 1 to Wells Fargo Financial Corporation Canada. The company remains a Canadian-based and Canadian-managed business, with headquarters in Mississauga.”
That is according to the news release issued January 4th, 2005, by parent company Wells Fargo & Company, the legendary banking brand that is deep rooted in American history and culture with its brand going back to 1852. According to the release, Wells Fargo Financial acquired Trans Canada Credit in November 1992 and operated it under that name until today. So essentially, Wells Fargo Financial Canada is a subsidiary of Wells Fargo Financial, the wholly-owned personal and commercial lending and financing arm of the publicly-traded Wells Fargo & Co. (NYSE: WFC).