Wells Fargo will pay $2.09 billion to resolve a previously disclosed investigation by the U.S. Department of Justice regarding claims related to certain 2005 to 2007 residential mortgage-backed securities activities. read more
AUG 6, 2018 - 6:35 am
Wells Fargo reported lease financing average balances for the six months of 2018 were $19.3 billion compared to $19.1 billion a year earlier. The average yield for the period of 4.89% compared to 4.88% for the same six months in 2017. read more
JUL 16, 2018 - 7:25 am
John Silvia, chief economist for Wells Fargo, will retire as head of the Economics Group at Wells Fargo Securities after 16 years with the company. read more
JUL 9, 2018 - 1:12 pm
Popular completed the regulatory clearance process for its previously announced agreement to acquire certain assets and liabilities related to Wells Fargo’s auto finance business in Puerto Rico. read more
JUL 6, 2018 - 7:34 am
Innergex Renewable Energy acquired a sizable 250MWAC/315 MWDC photovoltaic solar project located in Winkler County, TX from Longroad Energy Partners. read more
JUL 5, 2018 - 7:11 am
The top 20 lenders in the segment, in the aggregate, completed a total of 6,834 new construction equipment related filings during the month of May 2018. read more
JUL 3, 2018 - 7:05 am
The top 20 lenders in the industry, in the aggregate, filed financing statements covering a total of 21,156 equipment related filings during the month of May 2018. read more
JUL 2, 2018 - 7:53 am
The SEC announced Wells Fargo Advisors agreed to settle charges of misconduct in the sale of financial products known as market-linked investments to retail investors. read more
JUN 26, 2018 - 7:23 am
In its 2018 midyear outlook, the Wells Fargo Investment Institute makes the case the economic recovery, which coincides with the equity bull market, has more room to run. read more
JUN 19, 2018 - 7:14 am
Wells Fargo said the class-action lawsuit settlement concerning improper retail sales practices received final approval in an order from the U.S. District Court for the Northern District of California. read more
JUN 18, 2018 - 7:14 am
Statistical data provided by EDA showed the top 20 lenders in the industry, in the aggregate, filed financing statements covering a total of 19,707 equipment related filings during the month of April 2018. read more
JUN 12, 2018 - 7:30 am
The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 47 woodworking equipment related filings during the month of April 2018. read more
JUN 11, 2018 - 7:55 am
The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 378 logging equipment related filings during the month of April 2018. read more
JUN 8, 2018 - 7:41 am
Wells Fargo announced 13 Community Development Financial Institutions around the U.S. were selected to receive $12.1 million in lending capital under the Wells Fargo Works for Small Businesses. read more
JUN 5, 2018 - 6:49 am
Banco Popular de Puerto Rico filed a notice with the Federal Reserve System for to its subsidiary Popular Auto to be permitted to consummate its acquisition of Wells Fargo’s auto finance business in Puerto Rico. read more
JUN 5, 2018 - 6:24 am