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Established in 1852, Wells Fargo could be the U.S. That is fourth-largest bank assets totaling $1.75 trillion, in accordance with SNL Financial.

Wednesday, March 11th, 2020

Wells Fargo Overview

Wells Fargo provides customer, investment and banking that is corporate bank cards, monetary solutions, foreign exchange exchange, personal banking and equity, wide range management and mortgages.

It really is considered one of the “Big Four Banks, ” along side JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is headquartered in bay area, and also the most of the business is owned by institutional holdings. Berkshire Hathaway Inc. (Warren Buffett’s business) may be the No. 1 owner of these stocks.

In 2014, it absolutely was called because the No. 1 shopping mortgage lender and home loan servicer by Inside home loan Finance. That 12 months it absolutely was the mortgage originator that is largest and domestic home loan servicer in the nation. Last year, the mortgage was provided by it for just one in almost every four mortgage loans. [more…]