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Saturday, December 5, 2009, 2:27PM ET - U.S. Markets Closed. Dow Up 0.22% Nasdaq Up 0.98%
Wells Fargo & Company (WFC)On Dec 4: 26.96  Up 0.47 (1.77%)  
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Wells Fargo & Company
420 Montgomery Street
San Francisco, CA 94104
United States - Map
Phone: 866-249-3302
Fax: 651-450-4033
Web Site: http://www.wellsfargo.com

DETAILS 
Index Membership:S&P 100
S&P 500
S&P 1500 Super Comp
Sector:Financial
Industry:Money Center Banks
Full Time Employees:265,100

BUSINESS SUMMARY 
Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services principally in the United States. The company operates through three segments: Community Banking, Wholesale Banking, and Wells Fargo Financial. The Community Banking segment offers deposit products, including checking accounts, savings deposits, market rate accounts, individual retirement accounts, time deposits, and debit cards. Its loan products include lines of credit, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, and credit cards. This segment also provides receivables and inventory financing, equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing services. The Wholesale Banking segment provides commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, mezzanine financing, high-yield debt, foreign exchange services, treasury management, investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market. The Wells Fargo Financial segment engages in consumer finance and auto finance operations. Consumer finance operations make direct consumer and real estate loans to individuals and purchase sales finance contracts from retail merchants; and finance operations engage in making loans secured by autos. This segment also offers credit cards, as well as lease and other commercial financing products. As of December 31, 2008, Wells Fargo & Company provided its services through 11,000 stores. The company was founded in 1929 and is headquartered in San Francisco, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Wells Fargo & Company's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 6.3% of S&P 500 companies and 67.8% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Richard M. Kovacevich , 65
    Chairman
    $ 992.00K $ 0
    Mr. John G. Stumpf , 55
    Chief Exec. Officer, Pres, Director and Pres of Wells Fargo Bank
    $ 878.00K $ 259.00K
    Mr. Howard I. Atkins , 57
    Chief Financial Officer, Head of Investor Relations, Head of Treasury, Head of Corp. Devel., Head of Investment Portfolio, Head of Corp. Properties, Head of Venture Capital, Sr. Exec. VP and Head of Controller's Division
    $ 598.00K $ 2.31M
    Mr. Mark C. Oman , 54
    Sr. Exec. VP of Home & Consumer Fin.
    $ 598.00K $ 819.00K
    Mr. David Allen Hoyt , 53
    Sr. Exec. VP of Wholesale Banking
    $ 598.00K $ 1.95M
    Dollar amounts are as of 31-Dec-08 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.
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