In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss a presentation by Wells Fargo (WFC 1.20%) CFO Tim Sloan at the Citi U.S. Financial Services Conference, where he said, "At Wells Fargo, everything we do starts with our vision: to satisfy all our customers' financial needs and to help them succeed financially." Matt tells us how this philosophy is pervasive throughout the bank, and why it gives the company a major competitive advantage.
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1 Critical Thing Wells Fargo Reminded Us of This Morning
NYSE: WFC
Wells Fargo

This is why Wells Fargo outperformed the competition during the financial crisis.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Berkshire Hathaway and Bank of America. The Motley Fool recommends Berkshire Hathaway and Wells Fargo. The Motley Fool owns shares of Bank of America, Berkshire Hathaway, and Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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