Wells Fargo & Co., headquartered in San Francisco, employs 223,000 and offers diverse financial services in banking, investment, and mortgage products across the U.S. and internationally. Its segments include Consumer Banking, Commercial Banking, and Wealth Management for affluent clients.
WFC has been in the news recently: In the first quarter of 2023, Wells Fargo's Brian Rehling advised long-term investors to rebalance their portfolios due to ongoing market volatility. Additionally, former Wells Fargo strategist Jim Paulsen recommended against panic selling as the S&P 500 briefly entered bear market territory.
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