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American multinational banking and financial services company
Wells Fargo & Company is an American multinational financial services company. The company operates in 35 countries and serves more than 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the Big Four banks in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup.
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Though the banking giant reported more loans and deposits, along with benign credit quality, a dip in fee income dented its third-quarter results.