SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo has been named Global Best in Service for U.S. Dollar cash management for financial institutions by Euromoney magazine in their 2022 Cash Management Financial Institutions Survey. In its 21^st year, the annual survey asks cash managers, treasurers, and financial officers worldwide to rank and assess their top providers of cash management services.

�The results reinforce that our service has been and continues to be a key differentiator for us in the marketplace,� said Marcus Sehr, Wells Fargo�s Global Treasury Management (GTM) Banks Leader. �We are proud to have received this recognition from Euromoney and the industry and are honored that our clients trust us as their partner of choice for cash management services.�

The award, along with recent industry success, including being the top ACH originator for the 10^th consecutive year, demonstrates Wells Fargo�s industry leadership in payments and cash management.

�We strive to provide our clients with innovative products and service that empower their success,� added Joanne Strobel, GTM�s Corporate & Investment Banking Segment Solutions & Advisory Leader. �This award reaffirms that we are prioritizing service and partnering with our clients to deliver solutions that are right for their business.�

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 41 on Fortune�s 2022 rankings of America�s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.

News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo

News Release Category: WF-AR

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Sam Arenson, 612-414-7618

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