Wells Fargo and Company, with corporate headquarters in San Francisco, California, is a multinational financial services company that traces it roots back to 1852. Founded by Henry Wells and William Fargo to offer banking and express services, the company today serves consumers at more than 9,000 locations.
World's Most Valuable Bank in 2014
In 2014, Wells Fargo held $1.5 trillion in assets -- fourth among U.S. banks -- but ranked first in the world in value based on market capitalization. John G. Stumpf, chairperson, president and CEO of the company, leads a group of 12 executive vice presidents. In addition, the company employees more than 265,000 individuals in 36 countries and serves 70 million customers worldwide. At the end of the first quarter in 2014, Wells Fargo's stock capitalization was valued at $262 billion. It trades on the New York Stock Exchange under the symbol WFC.
Vicki A Benge began writing professionally in 1984 as a newspaper reporter. A small-business owner since 1999, Benge has worked as a licensed insurance agent and has more than 20 years experience in income tax preparation for businesses and individuals. Her business and finance articles can be found on the websites of "The Arizona Republic," "Houston Chronicle," The Motley Fool, "San Francisco Chronicle," and Zacks, among others.