Wells Fargo Overview
Wells Fargo provides customer, investment and business banking, charge cards, monetary solutions, foreign exchange exchange, private banking and equity, wide range administration and mortgages.
It really is considered among the “Big Four Banks, ” along side JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is headquartered in bay area, additionally the most of the business is owned by institutional holdings. Berkshire Hathaway Inc. (Warren Buffett’s company) could be the No. 1 owner of the stocks.
In 2014, it absolutely was known as while the No. 1 shopping mortgage lender and home loan servicer by Inside home loan Finance. That 12 months it had been the mortgage originator that is largest and domestic home loan servicer in the united kingdom. Last year, the mortgage was provided by it for just one in almost every four mortgage loans. In accordance with information through the customer Financial Protection Bureau, Wells Fargo’s total loan amount in 2015 had been a great $140,140,955,000.