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Wells Fargo & Company (WFC)

-NYSE

31.86 Up 0.05(0.16%) May 25, 4:00PM EDT|After Hours: 31.76 Down 0.10 (0.31%) May 25, 7:56PM EDT

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Wells Fargo & Company
420 Montgomery Street
San Francisco, CA 94104
United States - Map
Phone: 866-878-5865
Website: http://www.wellsfargo.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Money Center Banks
Full Time Employees:264,900

Business Summary 

Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The Community Banking segment offers deposits, including checking, market rate, and individual retirement accounts; savings and time deposits; and debit cards. Its loan products comprise lines of credit, auto floor plans, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, health savings accounts, and credit cards. This segment also provides equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, loans secured by autos, and merchant payment processing services; purchases sales finance contracts from retail merchants; and a family of funds, and investment management services. The Wholesale Banking segment offers commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury and 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, and real estate and mortgage brokerage services. The Wealth, Brokerage, and Retirement segment offers financial advisory, brokerage, and institutional retirement and trust services. As of December 31, 2010, the company served its customers through approximately 9,000 banking stores in 39 States and the District of Columbia. Wells Fargo & Company was founded in 1929 and is headquartered in San Francisco, California.

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Corporate Governance 
Wells Fargo & Company’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (High Concern), Board (Medium Concern), Compensation (Low Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. John G. Stumpf , 58
Chairman, Chief Exec. Officer and Pres
5.91M0.00
Mr. Timothy J. Sloan , 51
Chief Financial Officer and Sr. Exec. VP
2.75M1.30M
Mr. David Allen Hoyt , 56
Sr. Exec. VP of Wholesale Banking
3.89M642.00K
Ms. Carrie L. Tolstedt , 52
Group Exec. VP of Regional Banking and Sr. Exec. VP of Community Banking
3.11M0.00
Mr. David M. Carroll , 54
Sr. Exec. VP of Wealth Management, Brokerage & Retirement Services Operations
2.91M4.05M
Amounts are as of Dec 30, 2011 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 USD.
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