Wells Fargo Overview
Wells Fargo provides customer, investment and business banking, bank cards, economic 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 bay area, additionally the most of the ongoing business is owned by institutional holdings. Berkshire Hathaway Inc. (Warren Buffett’s business) could be the # 1 owner of the stocks.
In 2014, it absolutely was called once 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 domestic home loan servicer in the nation. Last year, it offered the home loan for starters in just about every four mortgage loans. Based on information through the customer Financial Protection Bureau, Wells Fargo’s loan that is total in 2015 had been a great $140,140,955,000.