What it does: Wells Fargo provides banking, investment, mortgage, and consumer and commercial finance through more than 8,400 locations, 13,000 ATM machines, digital (online, mobile, and social) and mobile banking platforms, and has offices in 42 countries and territories to support customers who conduct business in the global economy.
Mission: Wells Fargo is a diversified, community-based financial service that aims to satisfy all its customers' financial needs and help them succeed financially.
Size and Presence: Wells Fargo has more than 265,000 team members, and serves one in three U.S. households. It is the fourth-largest bank in the US by assets and the largest bank by market capitalization.
Best known for: Wells Fargo is best known for its stagecoach logo and as one of the "big four" banks in the United States.
The good bits: Wells Fargo is a great place to work if you're looking for a stable, secure job. The company offers a wide range of benefits and perks.
The not-so-good bits: The workload at Wells Fargo can be intense and the hours can be long, particularly if you're working in a branch.
Wells Fargo has a long and storied history, dating back to 1852 when it was founded in New York City. The company has been through a lot over the years, including the California Gold Rush, the Great Depression, and two World Wars. Today, Wells Fargo is one of the biggest banks in the world, with operations in more than 30 countries.
Wells Fargo's values are based on four pillars: teamwork, diversity and inclusion, ethics and integrity, and community. The company is committed to creating a workplace where all team members can be their best selves. It is best suited for candidates willing to work in a fast-paced, high-pressure environment. Wells Fargo is an equal opportunity employer. The company is committed to diversity and inclusion in the workplace and offers a number of programs and resources.
The interview procedure is straightforward. You must complete a written test (duration: 50 minutes) that focuses on both verbal and analytical abilities. The questions are quite challenging, ranging from medium to high difficulty levels. After being selected, you must participate in one round of interviews. The interview is primarily HR, though they may ask some technical questions based on your resume.
Working at Wells Fargo can be a great way to jumpstart your career in the financial services industry. The company offers a wide range of opportunities for career growth and development. For instance, you could start out in a branch working with clients and then move up to a job in corporate finance or investment banking.
For graduates, an entry-level position of Associate Financial Analyst at Wells Fargo India begins at an annual salary of INR 2.9 Lakhs.
Wells Fargo is committed to supporting the communities in which it operates. The company has a long history of philanthropy and gives back through both financial donations and team member volunteerism. Wells Fargo has donated more than $400 million to charitable causes over the past five years. In addition, team members logged more than 2 million volunteer hours.
Wells Fargo has been embroiled in a number of controversies in recent years. In 2016, the company was fined $185 million for opening up millions of fake accounts in order to meet sales targets. The scandal led to the firing of 5,300 employees and the resignation of CEO John Stumpf.