Exhibit 23
                                                                      ----------



                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS



The Board of Directors
Norwest Corporation:


We consent to incorporation by reference of our report dated January 16, 1997
relating to the consolidated balance sheets of Norwest Corporation and
subsidiaries as of December 31, 1996 and 1995, and the related consolidated
statements of income, cash flows and stockholders' equity for each of the years
in the three-year period ended December 31, 1996, which report appears in the
December 31, 1996, Form 10-K of Norwest Corporation, in the following
Registration Statements of Norwest Corporation:  Nos. 033-10820, 033-11438, 033-
21484, 033-21485, 033-35162, 033-38767, 033-42198, 033-50305, 033-50307, 033-
50309, 033-50311, 033-65007, 033-65009, 333-02485, 333-09413 and 333-12423 on
Form S-8, Nos. 033-50435, 033-59629, 033-61045, 033-63911, 333-01737, 333-02309,
333-03573, 333-09489 and 333-12925 on Form S-3 and Nos. 333-20263 and 333-20995
on Form S-4.


                                                       /s/ KPMG Peat Marwick LLP


Minneapolis, Minnesota
March 4, 1997