Launched in 1852, Wells Fargo may be the 4th biggest U.S. bank with regards to assets, totaling $1.89 trillion, based on company Insider. Wells Fargo provides customer, investment and banking that is corporate bank cards, economic solutions, foreign trade exchange, personal banking and equity, wide range management and mortgages.
It’s 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 almost all the company is owned by institutional holdings. Berkshire Hathaway Inc. may be the No. 1 owner of these stocks.
In 2014, it absolutely was known as once the top mortgage that is retail 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 states. Last year, the mortgage was provided by it for just one in almost every four mortgage loans.