Wells Fargo

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See additionally: History of Wells Fargo

For different utilizations, see Wells Fargo (disambiguation).

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Wells Fargo and Company

Wells Fargo Bank.svg

Organization logo since 2009

Wellsfargohq.jpg

464 California Street,

San Francisco, California, U.S.

Type

Open

Exchanged as NYSE: WFC

S&P 100 Component

S&P 500 Component

Industry Banking, monetary administrations

Predecessors Crocker National Bank

First Interstate Bancorp

Bank of North America

First Security Corporation

Norwest Corporation

Wachovia

Founded March 18, 1852 (166 years back)

New York, New York, U.S.[1]

Founder Henry Wells

William Fargo

Headquarters 420 Montgomery Street,[2]

San Francisco, California, U.S.

Number of areas

8,200 retail monetary focuses and 13,000 robotized teller machines

Region served

Around the world

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Key individuals

Elizabeth Duke

(Seat)

Timothy J. Sloan

(President and CEO)

Products Asset administration, financier administrations, business keeping money, items, purchaser saving money, corporate saving money, Mastercards, buyer back, values exchanging, fund and protection, remote cash trade, outside trade exchanging, fates and choices exchanging, protection, speculation saving money, venture administration, currency showcase exchanging, contract credits, prime financier, private saving money, retail saving money, retail business, hazard administration, treasury and security administrations, endorsing, riches administration

Revenue Increase US$88.389 billion (2017)[3]

Working salary

Lessening US$27.377 billion (2017)[3]

Net salary

Increment US$22.183 billion (2017)[3]

Add up to assets Increase US$1.952 trillion (2017)[3]

Add up to equity Increase US$206.936 billion (2017)[3]

Owner Berkshire Hathaway (10%)[4]

Number of workers

262,700 (2017)[3]

Divisions Wells Fargo Rail

Website wellsfargo.com

Wells Fargo branch,

Berkeley, California

Wells Fargo and Company is an American worldwide monetary administrations organization headquartered in San Francisco, California, with focal workplaces all through the country.[5] It is the world's second-biggest bank by market capitalization[6] and the fourth biggest bank in the U.S. by aggregate assets.[7] Wells Fargo is positioned #26 on the 2018 Fortune 500 rankings of the biggest United States partnerships by aggregate revenue.[8] In July 2015, Wells Fargo turned into the world's biggest bank by market capitalization, edging past ICBC,[7] before slipping behind JPMorgan Chase in September 2016, in the wake of an outrage including the formation of more than 2 million phony ledgers by Wells Fargo employees.[6] Wells Fargo outperformed Citigroup Inc. to end up the third-biggest U.S. bank by resources toward the finish of 2015 yet fell behind Bank of America to third in bank stores in 2017.[9] Wells Fargo remains the second-biggest bank in home loan adjusting and platinum cards.
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