Wells Fargo Overview
Wells Fargo provides consumer, investment and corporate banking, bank cards, monetary solutions, forex exchange, personal 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 san francisco bay area, and also the greater part of the company is owned by institutional holdings. Berkshire Hathaway Inc. (Warren Buffett’s business) could be the No. 1 owner of these stocks.
In 2014, it had been named because the No. 1 shopping mortgage lender and mortgage servicer by Inside home loan Finance. That 12 months it had been the mortgage originator that is largest and residential home loan servicer in the united kingdom. Last year, the mortgage was provided by it for starters in just about every four mortgages. In accordance with information through the customer Financial Protection Bureau, Wells Fargo’s loan that is total in 2015 ended up being a fantastic $140,140,955,000.