A market cap of $285.5bn.
That beats the previous record set by Citigroup on Feb. 5, 2001, when its value reached $283.4bn, the data show.
Wells Fargo, which counts Warren Buffett’s Berkshire Hathaway as its largest shareholder, doubled its size in 2008 by outmaneuvering Citigroup to purchase Wachovia. Chief Executive Officer John Stumpf made one of every four U.S. mortgages last year and now oversees the most U.S. bank branches.
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