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Wells Fargo & Company 2008 Highlights

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Investing in Our Communities Wells Fargo is one of America s largest financial contributors to communities. Even during the 2008 economic downturn we increased our giving to nonprofits. 226 million given to nonprofits up 5 percent. Wells Fargo s stand-alone 2008 giving rose 11 percent from 2007 about 280 000 every day. Wachovia gave 124 million to 22 000 nonprofits. 6. 4 billion in community development loans and investments to revitalize neighborhoods. Both Wells Fargo and Wachovia earned ...

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Is Wells Fargo bigger than Bank of America?

If youre looking for a bank that offers confidence, convenience and a comprehensive suite of services, your search will likely turn up both Bank of America and Wells Fargo. Theyre the countrys second- and third-largest banks, respectively, as ranked by assets.

How big is Wells Fargo now?

Wells Fargo, a financial services giant with approximately $1.9 trillion in assets, encompasses an array of divisions including consumer and small-business banking and lending; wealth and investment management; and corporate and investment banking.

Why is Wells Fargo so famous?

Wells Fargo is among the top five banks in the United States. The bank makes money by lending out at a higher rate than it borrows. Wells Fargo operates four segments including Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

What exactly does Wells Fargo do?

About Wells Fargo Today, Wells Fargo is a leading financial services company with approximately $1.9 trillion in assets. In the U.S., it serves one in three households and more than 10% of small businesses, and is a leading middle-market banking provider.

Is Wells Fargo a Big Four?

The big four banks in the United States are JPMorgan Chase, Bank of America, Wells Fargo, and Citibank.

Is Wells Fargo a big company?

Wells Fargo is ranked 41st on the Fortune 500 list of the largest companies in the U.S.

What is the salary of freshers in Wells Fargo?

Average Wells Fargo Program Associate salary in Bengaluru/Bangalore is ₹18.8 Lakhs for less than 1 year of experience to 3 years. Program Associate salary at Wells Fargo Bengaluru/Bangalore ranges between ₹13.0 Lakhs to ₹24.0 Lakhs.

What exactly does Wells Fargo do?

Is Wells Fargo a strong company?

WFC is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of B. Shares are currently trading at a forward P/E of 8.4X for the current fiscal year compared to the Banks - Major Regional industrys P/E of 8.4X. Additionally, WFC has a PEG Ratio of 0.8 and a Price/Cash Flow ratio of 7.7X.

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