The number of employees at Wells Fargo fluctuated overall between 2009 and 2023. In 2023, there were nearly 225,870 employees at Wells Fargo, the lowest headcount recorded during the period under investigation.

Wells Fargo reported 217K in Employees for its fiscal year ending in December of 2024. Data for Wells Fargo | WFC - Employees Total Number including historical, tables and charts were last updated by Trading Economics this last March in 2025.

In 2023, about 53 percent of Wells Fargo's U.S.-based employees identified as white, making it the largest ethnic group at the major American bank. Hispanic or Latino employees made up 17 percent, while approximately 13 percent identified as Black or African American. Asians accounted for around 12 percent of the workforce.

JPMorgan Chase was the largest U.S. employer in the banking sector as of December 31, 2023. The bank had over 220,000 employees at the end of the year. Wells Fargo ranked second, with close to 200,000 employees. In 2023, JPMorgan Chase was also the largest U.S. bank in terms of number of branches, which may explain their high employee number. Employment in the U.S. banking sector The number of employees of FDIC-insured banks in the United States fluctuated during the last decade, from around 1.96 million in 2012, down to 1.91 million in 2014, and up to around two million in 2023. There is no clear downward trend in bank employment in the United States, despite the decreasing number of bank branches in the last several years. The largest banks The big four in the U.S. banking industry are JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup. The largest, JPMorgan Chase, is not only the leading bank in the United States in terms of market capitalization, but also the leading bank in the world. The bank had a market capitalization of around 492 billion U.S. dollars as of 2023.

In 2023, women made up 51 percent of Wells Fargo's global workforce, while men accounted for 49 percent. Although the share of female employees declined slightly between 2019 and 2023, it remained above 50 percent throughout this period.

Wells Fargo Des Employés Nombre total - Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Mar 2025.Data for Wells Fargo | Des Employés | Nombre total including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Wells Fargo is a public company headquartered in California with an estimated 238,698 employees. In the US, the company has a notable market share in at least six industries: Commercial Banking, Auto Leasing, Loans & Sales Financing, Loan Administration, Check Cashing & Other Services, Investment Banking & Securities Intermediation, Private Banking Services, Invoice Factoring and Commercial Banking. Their largest market share is in the Invoice Factoring industry, where they account for an estimated 12.5% of total industry revenue.

The number of employees of JPMorgan Chase worldwide increased overall between 2008 and 2023, despite some fluctuations. The number of JPMorgan Chase employees amounted to almost 310 thousand in 2023. JPMorgan Chase – additional information JPMorgan Chase, along with Wells Fargo, Bank of America and Citigroup, is one of the leading banks in the United States. Headquartered in New York, JPMorgan Chase ranked fifth among the largest banks worldwide in terms of total assets in 2023. JPMorgan Chase was also the largest banks in the world with regards to market capitalization. As of December 2023, the company's market cap amounted to approximately 492 billion U.S. dollars. The number of JP Morgan Chase employees has increased since 2016, when the bank employed 234,335 people. In 2023, the bank had just over 309 thousand employees. Along with Wells Fargo, JP Morgan Chase is one of the largest U.S. employers in the banking sector.

United States WFC: NE: Salaries & Employee Benefits data was reported at 6,557,000.000 USD th in Dec 2019. This records an increase from the previous number of 6,454,000.000 USD th for Sep 2019. United States WFC: NE: Salaries & Employee Benefits data is updated quarterly, averaging 5,047,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 15,728,000.000 USD th in Sep 2012 and a record low of 556,628.000 USD th in Dec 2000. United States WFC: NE: Salaries & Employee Benefits data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

Wells Fargo Funcionários Número total - Valores atuais, dados históricos, previsões, estatísticas, gráficos e calendário econômico - Feb 2025.Data for Wells Fargo | Funcionários | Número total including historical, tables and charts were last updated by Trading Economics this last February in 2025.

US Retail Banking Market Overview: The US retail banking market is projected to reach a valuation of XX million by 2033, driven by a CAGR of 4.00% from 2025 to 2033. The growth is attributed to several factors, including the increasing adoption of digital banking channels, the expanding middle class, and the rising demand for financial services from various customer segments. Moreover, the increasing use of artificial intelligence (AI) and machine learning (ML) in banking operations is expected to further fuel market expansion. Key Trends and Segmentation: One of the key trends driving the US retail banking market is the shift towards digital banking. Customers are increasingly using mobile banking, online banking, and other digital channels to access financial services. This trend is expected to continue in the coming years, as banks invest in improving their digital offerings. Another trend that is expected to impact the market is the changing demographic profile of the US population. The growing number of millennials and Gen Z consumers is creating new opportunities for banks. These consumers are more likely to use digital banking channels and are more open to new financial products and services. The US retail banking market is segmented into various product types, including transactional accounts, savings accounts, debit cards, credit cards, loans, and other products. Banks offer a wide range of products to meet the needs of different customer segments. The market is also segmented into various channels, including direct sales and distributors. Recent developments include: In May 2021, HSBC announced that it is exiting the retail and small business banking market in the United States, in line with its strategy to refocus on corporate and investment banking in Asia., In November 2020, Wells Fargo announced a new solution to help business customers eliminate paper checks by using one-time virtual card numbers to digitally pay invoices through the WellsOne Virtual Card Payments service.. Key drivers for this market are: Next generation technologies, Optimized physical distribution: Analytics and workforce fluidity; Developing an omnichannel workforce. Potential restraints include: Next generation technologies, Optimized physical distribution: Analytics and workforce fluidity; Developing an omnichannel workforce. Notable trends are: The Spending by Retail Banks for digital banking is increasing in US..

In 2024, Allied Universal was the largest company headquartered in California, employing about 800,000 people. Kaiser Permanente, Wells Fargo Capital II, Wells Fargo, and Continental. rounded out the top five employers headquartered in California that year.

The share of female employees among executive and senior level officials and managers varied on average between 26 and 42 percent among the largest U.S. banks in 2023. This is a relatively big difference compared to the share of female employees in the total workforce, where the share of women exceeded 50 percent at most banks. At 41.9 percent, Wells Fargo had the highest share of female executives and seniors, followed by the Citigroup (41.74 percent) and Bank of America (39 percent). The share of female employees at these levels was the lowest at TD Bank (27.1 percent) and Goldman Sachs (25.9 percent).Board diversity at leading banks A board of directors is the governing body of a company that makes key decisions on issues such as dividends, mergers, and the recruitment of senior managers. In case of a public company, the directors are elected by the shareholders. In 2023, diversity on the board of directors at the leading U.S. banks was slightly higher than at the executive and senior levels, although only Citigroup had more female directors than male ones. What is the world's leading company for gender equality? Gender equality has been in the spotlight for many years, and companies around the world attempt to address issues related to gender equality in various ways. The most common ways are to increase gender balance in the total workforce and on the board of directors, decrease gender pay gaps, and to introduce efficient policies on parental leave and sexual harassment. Based on these and other criteria, the world's leading public company for gender equality in 2022 was an Australian real estate company, called Mirvac.

Bank of America's quarterly net interest income varied significantly between 2012 and 2024, with 2023 and 2024 recording the highest levels during this period. In the fourth quarter of 2024, the bank's net interest income reached approximately 14.36 billion U.S. dollars.

As of January 14, 2025, the market capitalization of JPMorgan Chase amounted to 688.68 billion U.S. dollars, making it the largest bank in the United States. By this measure, the second-largest bank was Bank of America, followed by Wells Fargo. JPMorgan Chase and Bank of America were also the two largest banks in the world by market capitalization. What is market capitalization? Market capitalization, or stock market value, is the total value of shares issued by a publicly traded company. It reflects the equity value of a company. Market cap is calculated by multiplying the market price of one share by the number of shares outstanding. For example, the market cap of Bank of America can be calculated by multiplying its share price by the number of shares it has issued. Other measures of company size Total assets also allow to determine the size of a bank. Instead of focusing on the stock price, this metric measures the size of the bank’s operations by counting the size of its balance sheet. Bank revenue and income are also common indicators used to compare banks and their performance.

The “big four banks” in the United States are JPMorgan Chase, Bank of America, Wells Fargo, and Citibank. These banks are not only the largest in the United States, but also rank among the top banks worldwide by market capitalization, with JPMorgan Chase being the most valuable bank in the world. Total assets of banks As the largest bank in the United States, JPMorgan Chase had total assets worth over 3.5 trillion U.S. dollars as of September 2024. Despite being the bank with the highest market capitalization in the world, the bank ranked only fifth in terms of total assets worldwide, while the top four positions were all held by Chinese banks. Stability in the banking sector in the United States In the second quarter of 2024, all of the "big four" banks in the United States maintained a common equity tier 1 (CET1) capital ratio significantly above the required minimum of 4.5 percent. JPMorgan Chase reported a CET1 ratio of 15.33 percent. Meanwhile, the highest CET1 ratio among U.S. banks during this period was 16.77 percent, achieved by TD Bank, the tenth-largest bank in the country in 2024.

With almost 47,300 call center employees in 2018, Alorica, a California-based provider of outsourced customer management solutions (such as call centers), manages the largest call center operation in the country. While most of the largest call centers in the United States belong to familiar U.S. companies such as AT&T and Wells Fargo, number one on the list is conspicuous through not being a household name.

Call centers versus contact centers

A call center is a centralized office used to make or receive large volumes of telephone-based customer interactions. Often call centers also handle additional forms of customer interaction, with online forms of interaction such as email, live chat and social media becoming an increasingly important part of customer service. Strictly speaking, a call center that handles such additional channels is called a contact center.

U.S. call center industry

Despite the cliché of call centers being increasingly offshored, the number of call center operators in the United States has been consistently growing for the last five years (881114). Thousands of new jobs have been created in the call center industry over the last few years alone, mainly concentrated in Southwest and Southeast (802250). This pattern of growth coincides with the states that have the highest number of existing call center jobs. Most likely, this regional distribution of call center employment is connected to the higher wages in the northeastern states.

JPMorgan was the leading investment bank globally as of December 2024 in terms of market share of revenue. Between January and December 2024, JPMorgan's revenue accounted for 9.2 percent of the global investment banking revenue. Goldman Sachs followed, with a market share of 7.2 percent. What is the role of investment banks The main role of an investment bank is to assist companies, governments and other market participants in raising capital. The banks take on the role of transaction underwriters, making sure that the emission of bonds or stocks is executed optimally on both the buying and selling sides. It means that the prices of emitted securities are not too high or too low and that there are enough investors interested in the purchase of these securities. Investment banking activity also includes assistance in merger and acquisition transactions. The largest investment banks JPMorgan Chase and Goldman Sachs were the leading investment banks in the world in terms of generated revenues. Other leading investment banks were Morgan Stanley, Bank of America, and Citibank. JPMorgan generated revenue of roughly three billion U.S. dollars in 2023.

In 2021, Apple was the largest publicly traded company in California based on revenue. That year, they had a revenue of 365.82 billion U.S. dollars. Alphabet, Chevron, Wells Fargo and Meta rounded out the top five publicly traded companies in California.

Apple

Apple is a multinational company headquartered in California. It was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Known for their popular iPhones and Mac computers, they have further expanded into other products such as iPods, Apple Watch, Apple TV, Air Pods, and Apple Pay. It is now one of the world’s largest and most valuable companies. Their worldwide revenue has increased dramatically since 2004, with the largest share of their sales since 2012 coming from the Americas. Despite being one of the most successful technology companies, it has faced a lot of criticism from consumers. Some of the criticisms include tax avoidance, sweatshop use, and environmental destruction.

Fortune 500 Companies

In 2021, New York and California had the highest number of Fortune 500 companies, followed by Texas, Illinois, and Ohio. For New York, this can be attributed to its being the financial and cultural hub of the country. Fortune 500 Companies are ranked by Fortune magazine, which ranks the the top 500 companies in the United States based on revenue. Companies on this list are both publicly and privately held. The companies that get listed have changed over the years, for a variety of reasons such as company acquisitions, bankruptcies, and changes in the economy.