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341 firms on file · 202 identified entity records 73 carry a published regulator notice

COUNTERPARTY FILE · last re-checked 2026-09

Wells Fargo Corporate & Investment Banking FX — institutional liquidity provider

This record highlights potential gaps in transparency regarding FX platform details and self-reported metrics.

Wells Fargo & Company; UK entity: Wells Fargo Securities International Limited; US arm: Wells Fargo Securities, LLC · San Francisco, California, USA

evidence score
77/100

Licence, read literally

RegulatorLicence numberJurisdictionTierSource
FCA186745United KingdomT1open source
SEC/FINRA (broker-dealer)8-65876United StatesT1open source
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.

Residuals a counterparty carries

2

  1. R01

    Unpublished FX platform details

    The FX platform name and venue/connectivity list are not published on the bank's CIB pages.

    Source: firm disclosures page

  2. R02

    Self-measured client growth

    'FX client base almost doubled since 2021' is a self-measured claim by the bank.

    Source: firm disclosures page

The claims ledger

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

  • Own CIB page states the Foreign Exchange team was recognized as the 2025 Best Bank in North America by Euromoney (wellsfargo.com/cib)
  • 'Since 2021, our FX client base has almost doubled, and we have made substantial investments in both top-tier talent and advanced technology' (wellsfargo.com/cib)
  • Own about page: 'serving customers… since our founding by Henry Wells and William Fargo in 1852' (wellsfargo.com/about)

Claims we cannot verify from outside

  • 'Best Bank in North America 2025' is a Euromoney award relayed on the bank's own page — third-party award, not a measured metric
  • FX client base 'almost doubled since 2021' — self-measured

Perimeter and coverage

Asset classes
FX
Venues
Connectivity
Clients accepted
Corporates, Institutions
Explicitly refused
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as disclosure, not as a defect.