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In 2022, Wells Fargo generated $13.2 billion in net income, or $3.17 per common share. Our results were significantly impacted by $7 billion of operating losses, primarily related to putting historical issues behind us, including litigation, regulatory matters, and customer remediations. However, our
With some $1.7 trillion in assets, it operates out of 4,286 branches that serve 64 million customers. Banking is the ultimate intangible industry, moving assets from lower-valued to...
Wells Fargo spent $12.064 billion within its Wealth and Investment Management segment in 2023, up from $11.613 billion in 2022.
the blueprint for the future of Wells Fargo. In doing so, we remain committed to our diversified business model. And we are mindful of the important role Wells Fargo plays in the economic success of the U.S. and in each customer’s financial success. Moving forward, the company has a renewed focus and commitment around our risk
By LaToya Irby. Quick Answer. The top largest U.S. banks manage a combined $12.56 trillion in assets. These banks include Chase, Bank of America, Wells Fargo and Citibank. The top 10 U.S. banks manage about $12.56 trillion in assets, as of June 30, 2024 and serve millions of consumers and businesses across the country.
Find answers to your top questions and get help with Wells Fargo products and services, online account services, and more.
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JPMorgan Chase, Bank of America, Wells Fargo, and Citibank not only dominate the U.S. market but also rank among the top seven largest banks worldwide by market capitalization.
This report offers the reader a comprehensive overview of Wells Fargo customers in the United States: who they are; what they like; what they think; and how to reach them.