Summer 2027
Diversified financial services: banking, lending, investments
$34.62/hr
No H1B Sponsorship
Charlotte, NC, USA
In Person
Bachelor's
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Wells Fargo offers a broad range of banking, mortgage, investing, credit card, and wealth and commercial services in the United States. Its products work through a network of branches, ATMs, and digital platforms, combining everyday banking with lending, investment products, and advisory services. The company differentiates itself with a large nationwide branch presence, a wide mix of financial services under one roof, and a focus on secure, user-friendly technology. Its goal is to help customers manage, protect, and grow their money by providing trusted, accessible financial solutions.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Francisco, California
Founded
1851
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Health Insurance
401(k) Retirement Plan
Paid Vacation
Paid Sick Leave
Parental Leave
Disability Insurance
Life Insurance
Tuition Reimbursement
Commuter Benefits
Adoption Assistance
Charles Schwab Corporation has completed a $2.6 billion debt offering, issuing two tranches of fixed-to-floating rate senior notes. The company sold $1.25 billion of 5.108% notes due 2032 and $1.35 billion of 5.655% notes due 2037. The offering was led by BofA Securities, Citigroup Global Markets, Morgan Stanley, TD Securities and Wells Fargo Securities as joint bookrunning managers. Charles Schwab is a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management and financial advisory services through its subsidiaries. The firm serves individual investors and independent investment advisors. Simpson Thacher represented the underwriters in the transaction, with a team led by Roxane Reardon.
Estimated net proceeds are about $692.4 million; the notes yield 6.070% to maturity, while the offering is expected to close Aug. 31 and mature in 2036.
Wall Street's largest banks are investing billions in AI, though questions persist about returns on these massive expenditures. JPMorgan leads with a nearly $20 billion annual technology budget, claiming its $2 billion AI investment has already matched costs in savings. The bank tracks how its engineers use AI tools and has deployed its proprietary platform to over 200,000 employees. Goldman Sachs spent $6 billion on technology this year, whilst announcing AI-driven efficiency measures that will slow hiring and reduce some roles. Citigroup takes a bottom-up approach with 4,000 employees trained as AI stewards, reporting nearly 90% staff usage of AI tools. Wells Fargo and Bank of America are also deploying AI across operations, from wealth advisory to code development. Morgan Stanley's partnership with OpenAI saved developers over 280,000 hours in the first half of last year. Despite widespread adoption, JPMorgan CEO Jamie Dimon noted banks don't "uniquely benefit from AI" since everyone now uses it.
$695M Financing Secured for 330 MW Cobalt Solar Recurrent Energy, a subsidiary of Canadian Solar, has secured $695 million in project financing and tax equ
Wells Fargo analyst Michael Turrin has set the highest Microsoft price target on Wall Street at $700, up from $650. The firm had previously cut its target to $625 in July amid concerns over AI infrastructure spending. The reversal came after Microsoft's 29 July earnings report showed Azure crossing $100 billion in annualised revenue, growing 43% in constant currency. Microsoft reported adjusted earnings per share of $4.74 on revenue of $90.01 billion, beating consensus estimates. Turrin maintained his Overweight rating, arguing Microsoft's enterprise AI leadership and corporate software dominance justify a premium valuation. The target implies roughly 39% upside from the current stock price of $503.81. The average analyst target across 35 firms sits at $562.