Wells Fargo provided an update on the progress the company has made and is making as part of its transformation to build a better, stronger company in a new progress report available on its website. read more

MAR 12, 2019 - 6:50 am

Wells Fargo appointed David Gillespie to head of Coverage for Corporate & Investment Banking and John Hudson to vice chair, Chair of Client Origination. read more

MAR 7, 2019 - 7:05 am

Wells Fargo named Maria Teresa Tejada its new chief strategic enterprise risk officer. Tejada will join the company’s risk organization and report directly to chief risk officer Mandy Norton. read more

MAR 5, 2019 - 6:50 am

For the eighth consecutive year, construction industry executives say they feel optimistic about the year ahead for their business sector, according to the 43rd Wells Fargo Construction Industry Forecast. read more

FEB 27, 2019 - 6:45 am

According to a post on Helicoptor Leasing, a bankruptcy judge approved the sale of bankrupt helicopter lessor Waypoint Leasing’s assets – including most of its helicopters – to Macquarie Group and some of its secured lenders. read more

FEB 20, 2019 - 7:00 am

Small business owners indicated declining optimism in the latest quarterly Wells Fargo/Gallup Small Business Index, with an overall Index score of 106. read more

FEB 11, 2019 - 7:15 am

Wells Fargo will provide an additional $3.25 million in financial resources to residents and organizations in Butte County, CA, to address challenges that remain after the 2018 wildfires. Funding will include loan capital earmarked for infrastructure, staff, inventory, equipment and other assistance. read more

JAN 28, 2019 - 6:55 am

Financial services executive Steve Troutner joined Wells Fargo as Western region bank executive. Troutner will be based in Los Angeles and report to Head of Consumer Banking Mary Mack. read more

JAN 25, 2019 - 6:55 am

Wells Fargo reported net income of $22.4 billion in 2018, compared with $22.2 billion in 2017. Revenue of $86.4 billion was down from $88.4 billion year over year. read more

JAN 17, 2019 - 6:30 am

Wells Fargo named Saul Van Beurden head of Technology, a new role. Van Beurden, a 25-year financial services veteran, most recently served as chief information officer of consumer and community banking at JPMorgan Chase. read more

JAN 10, 2019 - 7:00 am

Statistical data for the construction equipment market provided by EDA showed the lenders in the segment, in the aggregate, completed a total of 11,167 new construction equipment related filings during the month of November 2018. read more

JAN 4, 2019 - 6:45 am

Statistical data provided by EDA showed the top 20 lenders in the aggregate, filed financing statements covering a total of 26,853 new equipment related filings during the month of November 2018. read more

JAN 3, 2019 - 6:50 am

Wells Fargo reached an agreement with all 50 state Attorneys General and the District of Columbia and will pay $575 million to resolve claims. read more

JAN 2, 2019 - 7:00 am

After achieving a 20-year high this year, the construction industry is undoubtedly thriving. But have we reached the top of the cycle? John Crum examines the factors that have fueled growth over the last five years and the indicators that the pace of expansion will slow in 2019.... read more

November/December 2018

Optimism among small business owners jumped significantly in the latest quarterly Wells Fargo/Gallup Small Business Index, with an overall Index score of 129, the highest in the survey’s 15-year history. read more

DEC 7, 2018 - 6:25 am