Wells Fargo & Company (NYSE:WFC) (NYSE: WFC) is a diversified financial services company that provides banking, lending, investment, and wealth management services to individuals, businesses, institutions, and government entities. Its offerings include checking and savings accounts, credit cards, personal and commercial loans, mortgages, payment services, and other deposit and credit products.
The company also provides investment banking, capital markets, brokerage, advisory, asset management, and retirement services through its corporate and investment banking and wealth and investment management businesses. Wells Fargo serves customers primarily in the United States, with additional international capabilities supporting corporate, institutional, and investment banking clients.
Wells Fargo traces its history to 1852, when Wells Fargo & Company was established during the California Gold Rush. The modern company was formed through the 1998 merger of Norwest Corporation and Wells Fargo, followed by the 2008 acquisition of Wachovia. Charlie Scharf serves as Wells Fargo’s chief executive officer and president.
