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Wells Fargo Securities (WFS) is the investment banking division of Wells Fargo & Co. headquartered in Charlotte, with other U.S. offices in New York, Minneapolis, Boston, Houston, San Francisco, and Los Angeles and with international offices in London, Hong Kong, Singapore, and Tokyo.
Wells Fargo initially emerged as the frontrunner to acquire the ailing Wachovia's banking operations, but backed out due to concerns over Wachovia's commercial loans. With no deal in place as September 28 dawned, regulators were concerned that Wachovia wouldn't have enough short-term funding to open for business the next day.
Wells Fargo had 2.5 million online banking customers, including small businesses. Online customers proved more loyal and profitable than regular customers. In October 2001, Bank of America customers executed a record 3.1 million electronic bill payments, totaling more than $1 billion.
Since its discovery, it has been found to have infected more than two dozen major banking institutions in the United States, including TD Bank, Chase, HSBC, Wells Fargo, PNC, and Bank of America. It is designed to steal users' sensitive data, such as account login information and banking codes.
Wells Fargo: 224.87 5 China Construction Bank: 257.399 6 HSBC Holdings PLC: 219.270 7 Agricultural Bank of China: 203.244 8 Citigroup Inc. 203.165 9 Bank of China: 137.72 10 HDFC Bank: 134.4 11 Goldman Sachs: 131.680 12 China Merchants Bank: 122.616 13 Royal Bank of Canada: 122.564 14 Banco Santander: 115.696 15 Commonwealth Bank: 112.227 16
Mizuho Corporate Bank, Ltd. (株式会社みずほコーポレート銀行, Kabushiki-gaisha Mizuho Kōporēto Ginkō), or MHCB, was the corporate and investment banking subsidiary of Mizuho Financial Group, the second-biggest Japanese financial services conglomerate, prior to the reintegration of investment banking services under the Mizuho Bank name in July 2013.
Svenska Handelsbanken AB is a Swedish bank providing banking services including traditional corporate transactions, investment banking and trading as well as consumer banking including insurance. Handelsbanken is one of the major banks in Sweden with a nationwide branch network.
History. Zerodha was founded in 2010 by Nithin Kamath and Nikhil Kamath. The name Zerodha is a portmanteau of words Zero and Rodha (Sanskrit word for barrier).. In June 2020, Zerodha attained a self-assessed valuation of over $1 billion based on ESOP buyback at more than four times the book value of ₹700 per share.