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Are These Assets Dangerous at Wells Fargo?

By David Hanson and Matt Koppenheffer - Mar 1, 2014 at 7:00AM

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What do these asset titles mean?

Wells Fargo ( WFC -2.37% ) has a large chunk of Level 3 assets on its balance sheet – but what does that mean?

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson take a question from their mailbag about the difference between Level 1, 2, and 3.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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Stocks Mentioned

Wells Fargo & Company Stock Quote
Wells Fargo & Company
WFC
$47.75 (-2.37%) $-1.16

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