news boxnewsbox
In its’ present form the company is a result of a merger between San-Francisco based Wells Fargo & company and Minneapolis based Norwest corporation in 1998 and acquisition of Wachovia in 2008.Wells Fargo is one of the Big four Banks of the United States and operates across 35 countries with over 70 million customers globally.Wells Fargo offers services in around 80 different business lines and three segments- community banking, wholesale banking and wealth, brokerage and retirement. Total Assets: $1701.4 B, Profits: $23.1 B , Market Value: $278.3 B, Return On Assets Ratio: 1.36%.
