- Business
- Wells Fargo & Company is a diversified financial services company that provides consumer, small business, commercial and corporate banking, mortgage lending and servicing, auto lending, credit cards, wealth and investment management, treasury management, capital markets, brokerage, trust, and insurance-related products and services. Founded in 1852 and headquartered in San Francisco, California, the company serves retail, commercial, institutional, and high-net-worth clients in the United States and international markets through branch locations, ATMs, online banking, and mobile channels. Its operating segments include Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. In recent years, Wells Fargo has continued to reshape its business mix through strategic product and platform expansion, including the April 2025 acquisition of the remaining interest in its merchant services joint venture, which broadened its card-fee revenue base. The company has also advanced digital and payments capabilities, expanded strategic relationships in cloud and technology, and introduced newer offerings such as tokenized deposits for corporate and commercial clients and expanded international remittance tools.