Statements (338)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:financial_institutions
gptkb:investment_banking |
| gptkbp:acquired |
gptkb:Wachovia
gptkb:Wachovia_Corporation gptkb:First_Interstate_Bancorp gptkb:Wells_Fargo_&_Company |
| gptkbp:acquisition |
gptkb:Wachovia_Corporation
gptkb:Wells_Fargo_Bank,_N._A. gptkb:Wells_Fargo_Home_Mortgage gptkb:First_Security_Corporation gptkb:First_Interstate_Bancorp gptkb:Wells_Fargo_Advisors gptkb:Norwest_Corporation gptkb:Wells_Fargo_Financial_Corporation Merger |
| gptkbp:acquisition_year |
gptkb:2008
|
| gptkbp:advertising |
gptkb:Mary_Mack
|
| gptkbp:amended_by |
marketing strategies
corporate governance policies risk management strategies financial reporting practices compensation structures customer complaint processes loan approval processes |
| gptkbp:apologized_to |
gptkb:customers
|
| gptkbp:assets |
$1.9 trillion (2020)
$200 billion (2022) over $1.9 trillion $1.9 trillion (2022) |
| gptkbp:atm |
multiple locations
approximately 13,000 over 13,000 ATMs |
| gptkbp:awards |
gptkb:Diversity_Inc_Top_50_Companies_for_Diversity
Best Places to Work Fortune 500 company World's Most Ethical Companies Corporate Responsibility Magazine's 100 Best Corporate Citizens |
| gptkbp:branch |
approximately 5,000
over 7,000 branches more than 30 states |
| gptkbp:brand |
$20 billion (2022)
|
| gptkbp:capital |
over $200 billion
$200 billion (2021) |
| gptkbp:ceo |
gptkb:2019
gptkb:Charles_W._Scharf |
| gptkbp:challenges |
fintech competitors
|
| gptkbp:collaborated_with |
regulatory agencies
|
| gptkbp:community_involvement |
gptkb:Philanthropy
Sponsorships Volunteerism Volunteer programs philanthropy and volunteerism |
| gptkbp:conducted |
internal audits
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:created |
over 2 million unauthorized accounts
|
| gptkbp:customer_base |
millions of customers
over 70 million customers |
| gptkbp:customer_support |
1-800-869-3557
|
| gptkbp:developed_by |
new training programs
|
| gptkbp:digital_banking |
gptkb:Wells_Fargo_Online
|
| gptkbp:employees |
around 259,000 (2020)
|
| gptkbp:employs |
over 250,000 people
|
| gptkbp:engaged_in |
community outreach programs
|
| gptkbp:established |
whistleblower protections
customer service improvements |
| gptkbp:executives_resigned |
multiple executives
|
| gptkbp:expansion |
financial literacy programs
international banking services small business lending programs |
| gptkbp:faced |
regulatory scrutiny
legal challenges |
| gptkbp:faced_lawsuits_from |
shareholders
|
| gptkbp:financial_products |
gptkb:merchants
gptkb:Wealth_Management gptkb:trust Credit Cards Loans Retirement Accounts Auto Loans Mortgage Loans Savings Accounts Insurance Products Investment Accounts Business Accounts Checking Accounts Investment Advisory Services Financial Planning Services Home Equity Lines of Credit |
| gptkbp:fined |
$3 billion
|
| gptkbp:founded |
1852
|
| gptkbp:founded_by |
gptkb:William_Fargo
gptkb:Henry_Wells |
| gptkbp:founded_in |
1852
|
| gptkbp:founder |
gptkb:William_Fargo
gptkb:Henry_Wells The Clearing House Association |
| gptkbp:global_presence |
Cross-border transactions
International branches Global services |
| gptkbp:has |
gptkb:merchants
community development programs customer loyalty programs financial advisors home equity loans investment products investment services mobile banking services mortgage loans risk management services wealth management services commercial banking services investment banking services financial planning tools online banking services cybersecurity measures employee training programs compliance programs ATM services business loans credit counseling services retail banking services financial reporting standards trust services corporate social responsibility programs business credit cards credit card services fraud prevention services commercial real estate services financial technology partnerships small business services investment banking advisory services branches across the U. S. mortgage servicing rights |
| gptkbp:has_a_credit_rating_of |
A-from S& P
|
| gptkbp:has_a_focus_on |
risk management
digital transformation. |
| gptkbp:has_a_presence_in |
gptkb:California
international markets |
| gptkbp:has_a_reputation_for |
customer loyalty programs
|
| gptkbp:has_awards |
Fortune 500 company
Most Innovative Bank (2019) Best Customer Service (2018) Best Bank in America (2019) Best Bank in America (2020) |
| gptkbp:has_brand |
Together we'll go far.
|
| gptkbp:has_history |
mergers and acquisitions
customer service awards Founded during the California Gold Rush Acquired Wachovia in 2008 Expanded into banking services in the 1900s Involved in various controversies and scandals Merged with Norwest Corporation in 1998 Originally a stagecoach company |
| gptkbp:has_part |
gptkb:Wells_Fargo_Bank_International
gptkb:Wells_Fargo_Advisors_LLC gptkb:Wells_Fargo_Center gptkb:Wells_Fargo_Arena gptkb:Wells_Fargo_History_Museum gptkb:Wells_Fargo_Foundation |
| gptkbp:has_website |
www.wellsfargo.com
|
| gptkbp:headcount |
approximately 250,000
approximately 250,000 (2021) approximately 250,000 (2023) |
| gptkbp:headquartered_in |
gptkb:San_Francisco,_California
|
| gptkbp:headquarters |
gptkb:San_Francisco
gptkb:San_Francisco,_California gptkb:United_States |
| https://www.w3.org/2000/01/rdf-schema#label |
Wells Fargo
|
| gptkbp:increased |
social media engagement
collaboration with local businesses transparency measures focus on sustainability initiatives community investment initiatives customer service staff focus on diversity and inclusion focus on customer experience. focus on ethics training |
| gptkbp:industry |
gptkb:financial_services
|
| gptkbp:investigates |
gptkb:Consumer_Financial_Protection_Bureau
|
| gptkbp:investment |
Digital banking solutions
Cybersecurity measures Mobile banking app |
| gptkbp:involved_in |
fake accounts scandal
|
| gptkbp:is_a_member_of |
gptkb:S&_P_500
|
| gptkbp:is_a_top_lender_for |
small businesses
|
| gptkbp:is_committed_to |
diversity and inclusion
|
| gptkbp:is_criticized_for |
consumer advocacy groups
|
| gptkbp:is_displayed_in |
gptkb:New_York_Stock_Exchange
|
| gptkbp:is_enhanced_by |
data security measures
employee training programs customer feedback mechanisms customer onboarding processes |
| gptkbp:is_implemented_in |
new account opening procedures
|
| gptkbp:is_involved_in |
gptkb:Philanthropy
financial literacy initiatives environmental sustainability initiatives anti-money laundering efforts capital markets sustainable finance environmental sustainability efforts commercial lending real estate investment trusts community banking mortgage servicing community development lending data analytics for banking services regulatory compliance training. |
| gptkbp:is_known_for |
community involvement
diversity and inclusion initiatives customer satisfaction surveys philanthropic efforts financial education programs customer service issues customer feedback initiatives digital banking innovations risk assessment practices mortgage assistance programs mortgage refinancing options its extensive branch network |
| gptkbp:is_regulated_by |
gptkb:Office_of_the_Comptroller_of_the_Currency
|
| gptkbp:launched |
public relations campaigns
new compliance measures new investment products new digital banking features new mobile app features |
| gptkbp:legal_issue |
gptkb:2016_fake_accounts_scandal
Regulatory fines Consumer lawsuits |
| gptkbp:lives_in |
multiple lawsuits
|
| gptkbp:loyalty_program |
gptkb:Wells_Fargo_Rewards
|
| gptkbp:market_cap |
$200 billion (2021)
approximately $200 billion (2023) $150 billion (2022) |
| gptkbp:member |
with diverse backgrounds
|
| gptkbp:mobile_app |
gptkb:Wells_Fargo_Mobile
|
| gptkbp:net_income |
$3.3 billion (2020)
$13.2 billion (2022) |
| gptkbp:notable_event |
gptkb:2016_fake_accounts_scandal
2008 financial crisis impact Acquisition of Wachovia in 2008 Settlement of $3 billion in 2020 for fake accounts scandal |
| gptkbp:notable_release |
settlement agreements
job cuts |
| gptkbp:number_of_employees |
approximately 250,000
|
| gptkbp:offers |
gptkb:financial_services
credit cards investment products personal loans auto loans retirement planning services student loans business loans foreign exchange services diversified financial services |
| gptkbp:operates_in |
gptkb:Canada
gptkb:China gptkb:India gptkb:Mexico gptkb:Philippines gptkb:United_Kingdom gptkb:United_States |
| gptkbp:operating_income |
$20.5 billion (2020)
$20.5 billion (2022) $22.5 billion (2022) |
| gptkbp:parent_company |
gptkb:Wells_Fargo_&_Company
|
| gptkbp:parent_organization |
gptkb:Wells_Fargo_&_Company
|
| gptkbp:part_of |
gptkb:S&_P_500
|
| gptkbp:participated_in |
financial literacy initiatives
federal government programs |
| gptkbp:partnership |
gptkb:Habitat_for_Humanity
gptkb:National_Urban_League gptkb:American_Red_Cross gptkb:United_Way gptkb:Boys_&_Girls_Clubs_of_America non-profit organizations |
| gptkbp:partnerships |
gptkb:educational_institutions
Community Organizations Local businesses Local Governments Nonprofits Various non-profits |
| gptkbp:provides |
gptkb:financial_services
gptkb:Wealth_Management gptkb:investment_banking credit cards insurance services mortgage loans personal banking auto loans mortgage services retirement planning services commercial banking |
| gptkbp:public_reaction |
significant backlash
|
| gptkbp:reformed |
executive leadership team
internal practices |
| gptkbp:reported_by |
loss of customer trust
|
| gptkbp:reputation |
Mixed reviews
severe damage |
| gptkbp:revenue |
interest income
$86.4 billion (2020) $86.4 billion (2022) approximately $86 billion (2020) |
| gptkbp:service_area |
gptkb:United_States
International |
| gptkbp:services |
gptkb:Bank
gptkb:Insurance_Company gptkb:investors gptkb:real_estate |
| gptkbp:services_provided |
mortgage loans
financial technology solutions banking, investment, mortgage |
| gptkbp:social_responsibility |
gptkb:Wells_Fargo_Foundation
Environmental sustainability Financial literacy programs Environmental initiatives Diversity and inclusion initiatives Community support programs Employee volunteerism Community development investments |
| gptkbp:stock_exchange |
gptkb:Yes
|
| gptkbp:stock_symbol |
WFC
|
| gptkbp:subsidiary |
gptkb:Wells_Fargo_Securities
gptkb:Wells_Fargo_Bank,_N._A. gptkb:Wells_Fargo_Home_Mortgage gptkb:Wells_Fargo_&_Company gptkb:Wells_Fargo_Advisors |
| gptkbp:sued_by |
gptkb:California_Attorney_General
|
| gptkbp:sustainability_initiatives |
gptkb:administration
gptkb:community_development Diversity and Inclusion Environmental Responsibility |
| gptkbp:traded_on |
gptkb:New_York_Stock_Exchange
|
| gptkbp:type |
gptkb:public_company
gptkb:Public |
| gptkbp:website |
www.wellsfargo.com
wellsfargo.com |
| gptkbp:bfsParent |
gptkb:The_George_Washington_University
|
| gptkbp:bfsLayer |
3
|