Wells Fargo

American multinational banking and financial services company

Wells Fargo (Under CC License)

Wells Fargo & Company is an American multinational financial services company headquartered in San Francisco, California, with central offices throughout the United States. It is the world's fourth-largest bank by market capitalization and the fourth largest bank in the US by total assets. Wells Fargo is ranked #26 on the 2018 Fortune 500 rankings of the largest US corporations by total revenue. In July 2015, Wells Fargo became the world's largest bank by market capitalization, edging past ICBC, before slipping behind JPMorgan Chase in September 2016, in the wake of a scandal involving the creation of over 2 million fake bank accounts by Wells Fargo employees. Wells Fargo fell behind Bank of America to third by bank deposits in 2017 and behind Citigroup to fourth by total assets in 2018.

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Wells Fargo & Co reported higher quarterly earnings on Tuesday, due in part to lower expenses, but the bank reined in its outlook for cost cuts to invest in..
Credit: Reuters - Published 13 hours ago

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New York โ€” Wells Fargo reported higher quarterly profit on Tuesday despite flat revenue, as the bank benefited from lower costs. Revenue fell at Wellsโ€™s..
14 hours ago • WorldNews
Wells Fargo & Co reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from lower costs.
Credit: Reuters - Published 17 hours ago

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