WELLS FARGO & COMPANY
Latest Quote @ Tue Jun 6 01:30:49 (15 min delayed)
Last Day's Data
Wells Fargo &amp; Company (WFC) provides banking, insurance, investments, mortgage banking, and consumer finance in the United States and internationally. It operates in three segments: Community Banking (CB), Wholesale Banking (WB), and Wells Fargo Financial (WFF). The CB segment offers mutual funds, and personal and employee benefit trust, and agency assets. Loan products include equity lines and loans, equipment and transportation loans, and education loans. It also originates and purchases residential mortgage loans, and services mortgage loans and credit cards. The segment's deposit products include checking accounts, savings deposits, market rate and IRA accounts, and time deposits. CB segment also offers receivables and inventory financing, equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and medical savings accounts. WB segment provides commercial, corporate, and real estate banking products and services, including letters of credit, asset-based lending, mezzanine financing, international trade facilities, foreign exchange services, treasury management, investment management, institutional fixed income and equity sales, online/electronic products, insurance brokerage services, and investment banking services. It also provides trade financing and collection services; construction loans; interim financing arrangements for completed structures; rehabilitation loans; housing loans; permanent loans for securitization; and real estate and mortgage brokerage services. WFF segment offers consumer and real estate loans to individuals; purchases sales finance contracts from retail merchants and automobile dealers; and makes loans secured by automobiles. It also provides credit cards and other commercial financing. As of December 31, 2004, the company operated through 6,046 stores. WFC was organized in 1929 and is headquartered in San Francisco, California.