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Wells Fargo & Company (WFC.MX)

744.49 Up 4.71(0.64%) Nov 26
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Wells Fargo & Company
420 Montgomery Street
San Francisco, CA 94104
United States - Map
Phone: 866-249-3302

Index Membership:N/A
Industry:Money Center Banks
Full Time Employees:263,900

Business Summary 

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company’s Community Banking segment offers checking and market rate accounts, savings and time deposits, individual retirement accounts, and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and credit and debit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, health savings accounts, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage, and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of March 7, 2014, it operated through 9,000 locations and 12,000 ATMs, and offices in 36 countries, as well as through The Company was founded in 1852 and is headquartered in San Francisco, California.

Key Statistics

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Key Executives 
Mr. John G. Stumpf , 60
Chairman, Chief Exec. Officer and Pres
Ms. Carrie L. Tolstedt , 54
Sr. Exec. VP of Community Banking
Mr. Timothy J. Sloan , 53
Sr. Exec. VP of Wholesale Banking
Ms. Avid Modjtabai , 52
Head of Consumer Lending Group and Sr. Exec. VP
Mr. David M. Carroll , 56
Sr. Exec. VP of Wealth, Brokerage & Retirement
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in MXN.