When I wrote about Wells Fargo's 1916 office in the Philippines a couple weeks ago, I got this response:
Thanks for this entry. My wife grew up in the Philippines and I just eat up anything I can regarding FIlipino [sic] history, especially pre WWII. I think it is very important for me to learn as much about Pinoy history and culture as I can so I can help my childeren [sic] understand and be proud of their own heritage and see Filipino culture as something deeper than what we see on ASAP & The Buzz (popular Filipino TV shows). So, thanks for the post. A question: how long did Wells maintain a presence in the Philippines and what were the reasons for their exit from the island?
Thanks!
Dave
Before I answer Dave's question, this is a great example for why we celebrate Asian Pacific Heritage Month. (Indeed, all diversity.) Not only have people from different places and cultures contributed to our national parade, as it were, they also have — are! — contributing every moment. As with Dave and his family, they get married, move to new places, have kids and send them to school. They do everything that everybody does. Recognizing diversity isn't about calling out the differences one day or one month each year, it's about seeing all we have in common, beneath the physical and cultural differences.
From there, sharing any differences makes everybody better off. I mean, how can you be suspicious of Southeast Asian differences after you've eaten cuisine from the region? How can you dismiss Latin Americans' differences after you learn Spanish and discover its poetic genius, maybe the loveliest expression of being human?
OK, I'm getting all worked up about the potential of One World
, so I'll stop. Just promise me you'll go to the next local ethnic festival
, eat the food and listen to the sounds. It's a day well spent, and I stake my good looks on it!
Back to Dave's question about Wells Fargo in the Philippines. Wells Fargo & Co.'s Express opened offices there starting in 1902. In 1918, the Express was absorbed by the U.S. Government as a wartime measure, but Wells Fargo Bank continued operations in San Francisco. With dozens of correspondent offices worldwide, including 16 in the Philippines, Wells Fargo Bank transacted financial services around the globe.
In 1935, Wells Fargo Chairman Frederick L. Lipman declared, "The Bank of the Philippines at Manila is an old correspondent." Since the 1960s, relationships with other international financial services companies, and Wells Fargo's own remittance services, continue Wells Fargo's global reach.
Short answer: Wells Fargo is still there!

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