Wells Fargo Overview
Wells Fargo provides customer, investment and banking that is corporate bank cards, economic solutions, foreign exchange exchange, personal banking and equity, wealth administration and mortgages.
Its considered one of the “Big Four Banks, ” along side JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is headquartered in bay area, and also the almost all the business is owned by institutional holdings. Berkshire Hathaway Inc. (Warren Buffett’s business) could be the No. 1 owner of the shares.
In 2014, it had been known as due to the fact No. 1 shopping mortgage lender and home loan servicer by Inside home loan Finance. That 12 months it absolutely was the mortgage originator that is largest and domestic home loan servicer in the united kingdom. Last year, the mortgage was provided by it for just one in almost every four mortgages. In accordance with information through the customer Financial Protection Bureau, Wells Fargo’s total loan amount in 2015 had been a great $140,140,955,000.