Wells Fargo & Co


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Next Event

Q3 2020 Wells Fargo & Co Earnings Release

Latest Developments


Wells Fargo Launches New Low-Cost Account With No Overdraft Fees

Mark A. Chancy Elected To Wells Fargo’S Board Of Directors

Soros Fund Management Dissolves Share Stake In Walt Disney, Takes In Wells Fargo


About Wells Fargo & Co

Wells Fargo & Company is a bank holding company. The Company is a diversified financial services company. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Company offers its services under three categories: personal, small business and commercial. It provides retail, commercial and corporate banking services through banking locations and offices, the Internet and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in other countries. It provides other financial services through its subsidiaries engaged in various businesses, including wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing services, investment advisory services, mortgage-backed securities servicing and venture capital investment.


Regional Banks

Contact Info

420 Montgomery St



United States


Executive Leadership

Charles H. Noski

Independent Chairman of the Board

Charles W. Scharf

President, Chief Executive Officer, Director

William M. Daley

Vice Chairman of the Board - Public Affairs

John R. Shrewsberry

Chief Financial Officer, Senior Executive Vice President

Scott E. Powell

Chief Operating Officer, Senior Executive Vice President

Key Stats

2.82 mean rating - 28 analysts
Revenue (MM, USD)
















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Latest News

Latest News

Value of U.S. commercial property slashed by 27%, Financial Times reports

The economic effects of the coronavirus are battering the U.S. commercial-backed securities market, raising the question of the value of hotels, malls, and other buildings that act as collateral for mortgages, according to a report in the Financial Times on Sunday.

Wells Fargo signs data exchange agreement with Envestnet Yodlee

Wells Fargo & Co and data aggregator Envestnet Yodlee said on Thursday they had signed a data exchange agreement, the latest move in an ongoing tug of war between fintechs and large banks over information sharing.

Exclusive: Wells Fargo CEO ruffles feathers with comments about diverse talent

Wells Fargo & Co <WFC.N> Chief Executive Charles Scharf exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there was not enough qualified minority talent, two participants told Reuters.

Wells Fargo CEO sorry for 'insensitive comment' on diversity

Wells Fargo & Co <WFC.N> Chief Executive Officer Charles Scharf has apologized for making insensitive remarks around race and diversity, seeking to quell a row over his references to a shortage of talent among minority groups.

Wells Fargo CEO apologizes for remark about diverse talent

Wells Fargo & Co Chief Executive Officer Charles Scharf apologized on Wednesday for "making an insensitive comment reflecting my own unconscious bias", a day after Reuters reported he had exasperated Black employees by saying the bank had trouble with diversity goals due...

U.S. bank regulator fines three former Wells Fargo executives over sales scandal

A U.S. bank regulator announced Monday it had fined three former executives at Wells Fargo Bank <WFC.N> for their roles in the company's sales practices scandal.

U.S. homebuilder confidence hits record high in September

U.S. single-family homebuilder confidence increased to a record high in September as historically low mortgage rates continue to boost the housing market despite the COVID-19 recession, which has left tens of millions of Americans unemployed.

Buffett's Berkshire slashes Wells Fargo stake

Warren Buffett's Berkshire Hathaway Inc <BRKa.N> said on Friday it had cut its Wells Fargo & Co <WFC.N> stake to 3.3%, further reducing what had once been a $32 billion investment in the bank.

U.S. regulator sanctions Wells Fargo over variable annuity switches

Wells Fargo & Co <WFC.N> agreed to pay $2.12 million in fines and restitution to settle U.S. regulatory charges its brokers failed to properly account for the costs of switching customers who owned variable annuities to new investments.

Wells Fargo is fined for violations related to variable annuity switches--FINRA

Wells Fargo & Co agreed to pay $2.1 million in fines and restitution to settle charges it failed to properly supervise brokers' recommendations that customers sell variable annuities and use proceeds to buy other investments, the Financial Industry Regulatory Authority said...

Oakland's fair housing lawsuit against Wells Fargo can proceed, says 9th Circuit

A lawsuit by Oakland, California against Wells Fargo & Co seeking damages for lost property tax revenue which it said was caused by the bank's discriminatory mortgage lending practices can proceed, a federal appeals court has ruled.

Wells Fargo resumes job cuts after pandemic break

Wells Fargo & Co resumed job cuts in early August after it paused layoffs in March because of the COVID-19 pandemic, a spokeswoman said on Friday.

Wells Fargo's chief compliance officer quits: FT

Wells Fargo & Co's <WFC.N> compliance chief is leaving after two years of trying to turn around the scandal-plagued bank's internal oversight and risk management functions, the Financial Times reported on Thursday, citing people familiar with the decision.

Wells Fargo appoints CFO as part of leadership shakeup

Wells Fargo & Co <WFC.N> said on Tuesday Mike Santomassimo would replace John Shrewsberry as chief financial officer when he retires in the fall after more than two decades at the firm.

Wells Fargo appoints Mike Santomassimo CFO

Wells Fargo & Co said on Tuesday it has appointed Mike Santomassimo as chief financial officer to replace John Shrewsberry, who will retire after more than two decades at the bank.

Wells Fargo will cut costs further after first loss since 2008

Wells Fargo & Co will launch a broad cost-cutting initiative this year, executives said on Tuesday, as the bank braces for massive loan losses caused by the coronavirus pandemic and continues to work through expensive regulatory and operational problems tied to a long-running...

Wells Fargo swings to loss on higher provisions to cover soured loans

Wells Fargo & Co swung to a loss in the second quarter after setting aside $9.5 billion to cover potential loan losses due to the coronavirus pandemic, the bank said on Tuesday.

Wells Fargo names new head of mortgage

Wells Fargo & Co <WFC.N> said on Thursday it has hired Flagstar Bank's Kristy Fercho to run its mortgage division following the retirement of 23-year veteran Michael DeVito from the company.

MOVES-Wells Fargo names new head of mortgage

Wells Fargo & Co said on Thursday it has hired Flagstar Bank's Kristy Fercho to run its mortgage division following the retirement of 23-year veteran Michael DeVito from the company.

Wells Fargo preparing to cut thousands of jobs: Bloomberg Law

Wells Fargo & Co <WFC.N> is preparing to cut thousands of jobs starting later this year, Bloomberg Law reported on Thursday, citing people familiar with the matter.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.