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Review on Wells Fargo by Douglas Cachazo

Revainrating 5 out of 5

Wells Fargo: Among the largest and oldest banks in the United States.

Who has not heard of this bank, Wells Fargo enjoys worldwide prestige, it began in 1852, at the beginning it offered transportation services and parcels, then it started operations as a banking institution, and since its foundation it has grown so much that it has absorbed other financial institutions to become what it is today, it is among the 5 largest in the categories of: It is among the top 5 in the categories of: largest capital in deposits, market capitalization and in the category of best banks, such is its importance that it is even ranked not only in the banking category, but is also considered among the best companies in the United States.

As a Universal bank it offers all the banking and financial services of a banking institution of that magnitude, but that does not stop there, it also offers insurance services with diverse coverage for investments, I do not believe it can offer banking and insurance services at the same time in all countries,
since there are regulations in that sense, but what I can assure is that they can offer insurance services as intermediaries with an insurance company, which after all belongs to the same financial group, that is legal all over the world.

Insurance banking services, business financing, commercial services and traditional commercial and credit banking are its main functions, but something that caught my attention is that despite being the powerful bank that it is, it offers help in the form of financing to small businesses and also provides support and guidance in the form of advice.


As is usual in banks of this magnitude, it has a very robust web portal where, apart from banking information, you can see news and articles of interest in the economic and financial area and others that impact on them in some way.

img 1 attached to Wells Fargo review by Douglas Cachazo



Pros
  • Among the best banks in the U.S. for several reasons
  • More than 70 million investors in its portfolio
  • Operates in many countries worldwide
  • Offers Insurance Banking services
  • Supports small businesses to grow.
Cons
  • Nothing against it