Wells Fargo | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Wells Fargo & Company is a diversified, community-based financial services company headquartered in San Francisco, California. Founded...
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Wells Fargo & Company is a diversified, community-based financial services company headquartered in San Francisco, California. Founded in 1852, it offers a wide range of banking, investment, and mortgage products and services, as well as consumer and commercial finance. With approximately $1.9 trillion in assets and around 250,000 team members, Wells Fargo serves one in three households in the United States through a vast network of locations and digital platforms.
Website
Headquarters
San Francisco, California
Size
10,001+ employees
Industry
Financial Services
Specialities
Business Banking, Wholesale banking, Mortgage, Consumer Finance, Commercial Finance
🛍️ Wells Fargo Product and Pricing News →
👔 Wells Fargo CEO, Management and Leadership Team →
⚔️ Wells Fargo Alternatives and Competitors →
💼 Wells Fargo Hiring and Layoffs →
🤖 Wells Fargo Developer, Integration and Automation News →
📈 Wells Fargo Financials, Fundraising and Valuation News →
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🛍️ Wells Fargo Product and Pricing News
- Wells Fargo cleared a regulatory hurdle as the Office of the Comptroller of the Currency terminated a consent order related to its compliance risk management program, moving closer to having its Fed-imposed $1.95 trillion asset cap removed.
- A trial has opened against Wells Fargo over allegations of mismanaging a trust fund for the Seminole Tribe's children, with claims of over $800 million in damages due to improper fees and investment strategies.
- On February 13, 2025, Wells Fargo confirmed the termination of its 2018 compliance consent order by the Office of the Comptroller of the Currency, marking the closure of its tenth consent order since 2019.
- The National Labor Relations Board has accused Wells Fargo of threatening and retaliating against employees to prevent unionization at a California branch, which the company denies.
- Wells Fargo opened an Innovation Center in Silicon Valley to boost innovation and collaboration.
- Wells Fargo sponsored the Military Family Financial Readiness Coalition's 2025 kickoff meeting, focusing on financial readiness for military families.
- Wells Fargo sponsored the Turning Dollars Into Sense financial literacy workshop for Pasco County high school students.
👔 Wells Fargo CEO, Management and Leadership Team
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Executive Director
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Executive Director
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Executive Director
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Executive Director
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Executive Director
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Executive Director
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Executive Director
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Director
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Executive Director
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Executive Director
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Executive Director
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Managing Director
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Executive Director
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Executive Director
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Executive Director
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Managing Director
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Retired Executive
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Managing Director
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Executive Director
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⚔️ Wells Fargo Alternatives and Competitors
- JPMorgan Chase |
- Bank of America |
- Citigroup |
- U.S. Bank |
- Goldman Sachs |
- Morgan Stanley |
- UBS |
- HSBC |
- BNY Mellon |
- Deutsche Bank |
- Capital One |
- TD Bank Group |
- SVB Financial Group |
- Wellington-Altus |
- Investec |
- Credit Suisse |
- Wintrust Financial
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💼 Wells Fargo Hiring and Layoffs
- Sumeet Anand has joined Wells Fargo as Managing Director in India, previously holding a position at another company.
- Wells Fargo is currently hiring a Lead Digital Product Manager - Customer Identity and Access Management (CIAM) in India.
- Richard Turner has joined Wells Fargo as Managing Director, Global Head of Third Party Management in the United Kingdom, previously serving as Managing Director Global Head of Third Party Management at HSBC.
- Wells Fargo is currently seeking a Senior Lead Workday Payroll Product Owner in the United States.
- Wells Fargo is currently hiring for the position of Lead Business Accountability Specialist - Digital Transformation in the United States.
- Nitin Agrawal has joined Wells Fargo as Operations Director in India, previously serving as Director - India Head of Middle Office at Barclays.
- Gopala Rao Pentakota has joined Wells Fargo as Vice President in India, previously serving as Senior Consultant at EY.
- Vikas Kohli has joined Wells Fargo as Head of Transformation - Wholesale and Consumer Banking Group in India, previously holding a similar position at another company.
🤖 Wells Fargo Developer, Integration and Automation News
- Wells Fargo partnered with the SELCO Foundation to support 57 social institutions in India, reducing energy costs by 40% and generating 333.86 KW of solar energy over 4 years.
- Wells Fargo is partnering with digital banking service provider Q2 to enhance its commercial banking customer relationship services with real-time insights and data-driven intelligence.
📈 Wells Fargo Financials, Fundraising and Valuation News
- Wells Fargo experienced a 17.9% drop in short interest in January, with 27,260,000 shares shorted as of January 31st.
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