Wells Fargo & Co. completed one of the biggest systems conversions of its kind last week, melding the trust administration service accounts of its merger partners - the old Wells and Norwest Corp., which bought it.

Also, this week the $222.3 billion-asset company will close, and lay off staff at, one of the two trust headquarters sites it was left with following the merger. The trust business will be centralized in Minneapolis, where Norwest's trust business was based before the November 1998 merger.

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