Wells Fargo
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67% above
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About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.
Wells Fargo ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy.
Wells Fargo Subsidiaries
Wells Fargo Advisors
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.9/5 based on 6k reviews | 4.0/5 based on 4.5k reviews | 3.9/5 based on 1.5k reviews | 3.8/5 based on 4.3k reviews |
Highly Rated for | Work-Life balance Job Security Company culture | Job Security Work-Life balance Company culture | Salary & Benefits Job Security Company culture | Job Security |
Critically Rated for | Promotion/Appraisals | Promotion/Appraisals | No critically rated category | Promotion/Appraisals |
Primary Work Policy | Hybrid 84% employees reported | Hybrid 87% employees reported | Hybrid 68% employees reported | Hybrid 70% employees reported |
Rating by Women Employees | 4.0 Good rated by 1.9k women | 3.9 Good rated by 1.4k women | 3.9 Good rated by 505 women | 3.8 Good rated by 1.3k women |
Rating by Men Employees | 3.9 Good rated by 3.9k men | 4.0 Good rated by 2.7k men | 4.0 Good rated by 928 men | 3.9 Good rated by 2.8k men |
Job Security | 4.0 Good | 4.1 Good | 3.8 Good | 3.9 Good |
Wells Fargo Salaries
Senior Software Engineer
Financial Analyst
Software Engineer
Senior Financial Analyst
Assistant Vice President
Lead Software Engineer
Associate Financial Analyst
Senior Analyst
Technology Specialist
Team Lead
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Wells Fargo News
Software startup ServiceTitan valued at $8.97 billion as shares jump 42% in Nasdaq debut
- Shares of ServiceTitan rose about 42% in their US market debut, giving the company a valuation of $8.97 billion.
- The company's shares opened at $101 apiece in their Nasdaq debut, compared to the IPO price of $71.
- ServiceTitan joins other venture capital-backed firms that have gone public this year, including Reddit and Rubrik.
- Goldman Sachs, Morgan Stanley, Wells Fargo, and Citigroup led the underwriting syndicate for the IPO.
Wells Fargo CEO More Confident in Bank’s Compliance Controls
- Wells Fargo CEO, Charlie Scharf, expresses confidence in the bank's compliance controls.
- The bank has detailed plans in place for regulatory deliverables and tracks progress weekly.
- Wells Fargo is working to remove a $1.95 trillion asset cap imposed as a result of the fake account scandal.
- Scharf expects the incoming Trump administration to strengthen the U.S. economy.
Why the Fed Will Cut Rates After November's Job Report
- The Federal Reserve might cut interest rates after November's job report.
- Job growth rebounded from previous disruptions, but the unemployment rate rose to 4.1%.
- Strong consumer disposable income and wage growth are driving the economy.
- Market expectations indicate an 85% chance of a rate cut at the upcoming Fed meeting.
Wells Fargo Selling San Francisco HQ in Eastward Expansion
- Wells Fargo is selling its San Francisco headquarters as part of its move away from the city.
- The bank has already had informal conversations with potential buyers.
- Most of Wells Fargo's top executives are based in New York or Charlotte, NC.
- Wells Fargo has roughly 23,000 employees in California, accounting for 10% of its workforce.
Atlanta Falcons Team Up With HBCUs To Offer Pipeline To Sports And Entertainment Jobs
- The Atlanta Falcons continue their collaboration with HBCUs for the AMB Sports and Entertainment Fellowship.
- The fellowship program provides opportunities for students to pursue careers in sports and entertainment.
- The program has expanded from 12 fellows to 15 fellows and covers a wider range of departments.
- Wells Fargo has joined the initiative to offer fellowships to HBCU students in the Atlanta area.
Trump’s AI Czar and the Wild West of AI regulation: Strategies for enterprises to navigate the chaos
- The regulatory landscape for AI in the U.S. is in chaos with a lack of federal-level regulation.
- President-elect Trump is considering appointing an 'AI czar' to coordinate federal policy and governmental use of AI, but the extent of regulation is uncertain.
- The absence of federal AI regulation poses risks and uncertainties for enterprises, including potential liabilities and lack of accountability for model providers.
- Enterprise leaders must adopt proactive strategies to navigate the complex compliance landscape and leverage AI's benefits while minimizing regulatory risks.
The area of the stock market investors should avoid in 2025, according to Wells Fargo
- Wells Fargo's senior global market strategist, Scott Wren, predicts a bullish backdrop for stocks in 2025.
- He forecasts the S&P 500 could rise to 6,600 by the end of next year, fueled by a resilient US economy and falling interest rates.
- Wren advises investors to avoid defensive stocks, such as utilities, healthcare, and consumer staples, and focus on cyclical sectors that are sensitive to the economy.
- He highlights financial stocks and large-cap stocks as potential beneficiaries in a better economy.
Yash Mohan will head HR for Wells Fargo, India and Philippines
- Yash Mohan has been appointed as the head of human resources for Wells Fargo in India and the Philippines.
- Mohan has more than 22 years of experience in global human resources across various industries.
- He previously worked at BNY for over 15 years and held various HR leadership positions during his tenure.
- Mohan expressed his excitement to work with the Wells Fargo team and contribute to growth, connection, and innovation.
Ready to Champion Growth and Innovation: Yash Mohan Joins Wells Fargo as Head of HR
- Yash Mohan has been appointed as the Head of Human Resources at Wells Fargo India and the Philippines.
- Yash brings over 22 years of experience in global HR, including 15 years at Bank of New York.
- He has a strong track record of leading change and transformation programs.
- Yash will focus on talent development and transformation in his new role at Wells Fargo.
Why The Fed May Not Cut Rates in December
- The strong U.S. economic and inflation data decreases the chances of a December rate cut by 10%.
- Treasury Bond yields rose in response to the data, impacting the TLT and IEF exchange-traded funds.
- Bank stocks like JPMorgan Chase, Citigroup, and Wells Fargo are trading at their highs for the year.
- The U.S. dollar is stronger, while currencies like the Canadian Dollar, Yen, Euro, and Pound slumped sharply.
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