Wells Plans Major Hiring in LA

Wells Fargo & Co., San Francisco, has announced plans to hire over 400 employees in Los Angeles this year, including more than 100 home mortgage loan consultants, terming it the company's "most aggressive hiring plan in recent memory" in any of its markets.Wells Fargo Home Mortgage expects to open six mortgage stores in low- to moderate-income and multicultural areas of the city, the parent company said. "Los Angeles is the city of the 21st century, and it's Wells Fargo's largest and fastest-growing market," said Shelley Freeman, regional president for Wells Fargo's LA Metro Community Bank. ".... We opened nine new banking stores last year in Los Angeles and will more than double that number this year." In addition to the more than 100 mortgage consultants, Wells Fargo said its planned hires will include more than 200 community bankers, nearly 40 business bankers in its California Business Banking division, 30 personal financial consultants in its Private Client Services group, and several commercial bankers in its Specialized Financial Services group. The company can be found online at http://www.wellsfargo.com.