Investors may be surprised to learn which big bank performed the worst last year. No, it wasn't Bank of America (BAC 0.57%) or Citigroup (C 0.43%), the most frequently maligned too-big-to-fail banks. Instead, it was Wells Fargo (WFC +0.41%), the nation's fourth largest lender by assets and arguably the most respected of the bunch. In the video below, Fool contributor John Maxfield explains how this irony came to be.
Wells Fargo has been the worst performing big bank over the past year.
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I write about banks, trying my best to balance the good and the bad.