Wells Fargo Overview
Wells Fargo provides customer, investment and business banking, charge cards, monetary solutions, foreign change exchange, personal banking and equity, wide range administration and mortgages.
Its considered among the “Big Four Banks, ” along side JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is headquartered in bay area, plus the greater part of the ongoing business is owned by institutional holdings. Berkshire Hathaway Inc. (Warren Buffett’s business) could be the number 1 owner of the stocks.
In 2014, it absolutely was called once the No. 1 shopping mortgage lender and home loan servicer by Inside home loan Finance. That year it had been the biggest home loan originator and domestic home loan servicer in the united states. Last year, it offered the home loan for just one in every four mortgages. Based on information through the customer Financial Protection Bureau, Wells Fargo’s loan that is total in 2015 had been a fantastic $140,140,955,000.
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Areas Offered by Wells Fargo
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Wells Fargo provides loans in most 50 states and has now over 8,600 physical places with 1,200 places providing mortgages. The lender does company with 70 million clients and it has approximately 269,000 workers in line with the Wells Fargo now 2016 fourth quarter fact sheet. Continue reading Established in 1852, Wells Fargo may be the U.S. That is fourth-largest bank assets totaling $1.75 trillion, based on SNL Financial.