More locations: Charlotte, NC, USA | Pineville, NC, USA
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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
The Federal Reserve raised interest rates by 25 basis points to 3.75–4% on 16 September 2026, its first increase since July 2023. The move could support Wells Fargo's net interest income (NII), as higher rates typically allow banks to earn greater yields on loans and interest-earning assets. Wells Fargo's NII rose 5.2% year-over-year in the first half of 2026, driven by lower deposit costs and stronger loan balances. The Fed's removal of the bank's asset cap in June 2025 has given Wells Fargo additional flexibility to expand lending. However, higher deposit costs and potential credit demand weakness may limit gains. Wells Fargo expects 2026 NII of $50 billion.
Snorkel AI has raised $350 million at a $3.5 billion valuation, nearly triple its $1.3 billion valuation from May 2023. The San Francisco-based data startup's annualized revenue has surged to $350 million from roughly $20 million a year earlier, driven by its data-as-a-service business launched in September 2023. Founded in 2019 by Stanford AI lab researchers, Snorkel shifted from selling software to supplying finished datasets and reinforcement-learning environments for AI training. The company uses an "agentic data development platform" combining human experts with specialised AI models to create and verify training data across fields including coding, law and medicine. Led by Insight Partners and S32, the funding round included Addition, Greylock and Wells Fargo. Snorkel will use the capital to hire researchers and engineers whilst expanding enterprise and government operations. The company expects to reach profitability this year.
Form Energy has closed a $270 million credit facility to support its energy storage technology development. The facility comprises a revolving credit facility and a tax credit advance facility linked to Section 45X Advanced Manufacturing Production Credit. An accordion feature allows the facility to expand to $1 billion. Barclays served as sole structuring bank, with Citi, Jefferies, JPMorgan Chase, RBC Capital Markets, Societe Generale, Stifel, and Wells Fargo participating in the lending syndicate. The financing follows Form Energy's $750 million Series G funding round in August, bringing total equity raised to over $2 billion. Proceeds will fund manufacturing scale-up and working capital as the company produces iron-air battery systems at its Weirton, West Virginia facility.
Janus Living, Inc. , a pure-play senior housing real estate investment trust , announced today that it has closed on the upsize of its $1.25 billion unsecured revolving credit facility. The credit...
Inclusive of Prior Hedging Activity, the All-In Interest Rate of the Notes is 5.36% ...