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: Wells Fargo has lifted its $1.95 trillion asset cap, expecting to save $700 million in 2025 through reduced compliance costs and improved operations. RBC Capital Markets has upgraded Wells Fargo to an "outperform" rating with an $80 price target, suggesting an 18% potential increase amid recent stock declines.
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