Wells Fargo Related Content

Wells Fargo Reports 8.5% Increase in Lease Financing Average Balances

Wells Fargo reported lease financing average balances for the first nine months of 2017 were $19.1 billion, up 8.5% from $17.6 billion a year earlier. The YTD yield of 4.78% was down from 4.86% in 2016. read more

Roemer Named Wells Fargo Chief Compliance Officer

Wells Fargo named Mike Roemer chief compliance officer. Roemer, a 27-year financial services veteran, most recently served as group head of compliance for Barclays. read more

Skillful Sailing: Extraordinary Performance Driven by Cultural Winds

The culture of a company — the invisible force that determines vision and values — will ultimately determine its success or failure. Dexter Van Dango embarks on an expedition to uncover the power of culture. He examines recent cultural breakdowns that made headlines and shares insights from equipment finance leaders on the impact of corporate culture on their organizations.... read more

Federal Judge Rules Lawsuit Necessary for Wells Fargo Execs Over Fake Accounts

A federal judge ruled that a shareholder lawsuit will be necessary against Wells Fargo CEO Tim Sloan and other executives of the company in connection with a fake account opening scandal. read more

Despite Downgrade, Wells Fargo Remains One of Highest Rated Banks

DBRS downgraded the long-term ratings for Wells Fargo, including the company’s long-term issuer rating to AA(low) from AA. DBRS said the bank remains among the highest rated banks reflective of its highly scaled and diversified franchise. read more

Report: JPMorgan Most Popular Brand, U.S. Bank Most Loyal Customers

According to Brand Finance research, JPMorgan Chase was ranked as the most popular brand in the U.S. Wells Fargo was voted the least trusted bank. U.S. Bank proved to have the most loyal customers. read more

Wells Fargo Promotes Valcq to Lead SE Wisconsin Operations

Wells Fargo Middle Market Banking named 20-year banking veteran Robert Valcq to lead its Southeastern Wisconsin team as regional vice president, effective immediately. read more

Wells Fargo Expanded Review Reveals Additional Unauthorized Accounts

Wells Fargo announced the completion of an expanded third-party review dating back to the beginning of 2009. The results revealed an additional 1.4 million of potentially unauthorized accounts. read more

Wells Fargo Announces Board Changes; Duke to Succeed Sanger

Wells Fargo has taken a range of board refreshment actions, including naming Elizabeth A. Duke to succeed Stephen W. Sanger as independent chair. read more

Wells Fargo CEO Shares Updates on Rebuilding Trust in Message

Wells Fargo CEO Tim Sloan sent a company wide message to team members regarding the bank’s second quarter 10-Q filing and updates on its rebuilding trust efforts. read more

Wells Fargo: Small Business Optimism Reaches Highest Point in Decade

According findings from the Wells Fargo/Gallup Small Business Index, small business optimism continues to climb in the third quarter as business owners said they are the most optimistic in more than a decade. read more

Asset-Backed Securities: A Critical Tool in the Equipment Finance Market

Wells Fargo Securities’ Kevin Ryan provides an overview of the equipment-backed ABS market. Thanks to its performance history and value spread, equipment lenders will continue to have to access this market, which bodes well for the industry at large, especially independents, captives and large cap finance company subsidiaries.... read more

Wells Fargo Names Business Banking Head for New OH & Western PA Region

Wells Fargo named Don Hayes as Head of Business Banking for New Ohio & Western Pennsylvania Region. Wells also announced Keith Alves was named business banking manager for its new operations in Pittsburgh. read more

Wells Fargo Names New Head of Middle Market Banking in Nevada

Wells Fargo Middle Market Banking named Denette Suddeth to lead its continued growth in Nevada. Suddeth succeeds former Region Manager Phil Horrell who was promoted to market executive. read more

Wells Fargo Lease Financing H1/17 Average Balances Up 12%

Wells Fargo reported lease financing average balances of $19.06 billion in H1/17 were up 12.1% from $17.0 billion for the same period a year earlier. The average yield of 4.88% compared to 4.95% in H1/16. read more

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