Wells Fargo & Co - Company Profile
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View moreWells Fargo & Co (WFC) is a diversified financial service holding company that offers retail and wholesale banking, and wealth management services to individuals, businesses, high-net-worth individuals, and institutions, through its subsidiaries. It provides a range of commercial and consumer loans, agricultural finance, card products, deposit services, and transaction services. It provides services such as mortgage banking, equipment leasing, insurance agency, and brokerage, securities brokerage and investment banking, trust services, computer and data processing, investment advisory, mortgage-backed securities servicing, and venture capital investment. It operates through branches, ATMs, and mobile and internet distribution channels globally. WFC is headquartered in San Francisco, California, the US.
Wells Fargo & Co premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Accounts and Deposits: | Foreign Exchange | Wells Fargo |
Checking Accounts | Wealth Management | |
Savings Accounts | Remittance | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In February, the company announced a collabration with ChargePoint and EnTech Solutions to provide financing solutions for businesses building out charging infrastructure for EV fleets. |
2024 | Contracts/Agreements | In January, the company enhanced its banking relationship with Grow Credit to secure depository and treasury services across operations from collection and disbursement accounts to fund transfers. |
2023 | Contracts/Agreements | In November, the company entered an agreement with Team Rubicon to solve the overall shortage of credentialed contractors in communities. |
Competitor Comparison
Key Parameters | Wells Fargo & Co | JPMorgan Chase & Co | Bank of America Corp | Citigroup Inc | The Goldman Sachs Group Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | San Francisco | New York | Charlotte | New York | New York |
State/Province | California | New York | North Carolina | New York | New York |
No. of Employees | 226,000 | 309,926 | 213,000 | 239,000 | 45,300 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Steven D. Black | Chairman | Executive Board | 2021 | 70 |
Charles W. Scharf | Chief Executive Officer; President; Director | Executive Board | 2019 | 58 |
Michael P. Santomassimo | Senior Executive Vice President; Chief Financial Officer | Senior Management | 2020 | 47 |
Scott E. Powell | Chief Operating Officer; Senior Executive Vice President | Senior Management | 2019 | 60 |
Muneera S. Carr | Executive Vice President; Chief Accounting Officer; Controller | Senior Management | 2020 | 54 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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