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Wells Fargo: Earth's most valuable bank

Lender rides relatively simple business lines to title of bank with world’s largest market capitalisation

Wells Fargo: Earth's most valuable bank

Quick: Can you name the most valuable bank in the world? It isn’t who you think.

San Francisco-based Wells Fargo & Co recently surpassed Industrial & Commercial Bank of China as the lender with the largest market value in the world. Now, Wells Fargo's market capitalisation is approaching $300 billion, a first for a US bank - and $42 billion and $120 billion more than JP Morgan and Citigroup, respectively.

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