Wells Fargo Related Content

Wells Fargo Survey: Small Business Optimism Hits 11-year High

According to findings from the latest Wells Fargo/Gallup Small Business Index, small business owners entered the new year feeling the most optimistic since early 2007. read more

Wells Fargo’s Chief Risk Officer Mike Loughlin to Retire

Wells Fargo announced Senior Executive Vice President Mike Loughlin will retire as the company’s chief risk officer. read more

Wells Fargo Q4 Results Reflect $3.35B Tax Act Benefit

Wells Fargo reported 2017 net income of $22.2 billion was up from $21.6 billion a year earlier. The bank noted Q4/17 results included a $3.35 billion after tax benefit from the tax act. read more

Top Five Lift Truck Lenders Account for 72.2% of November Total

Statistical data from EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 985 new lift truck related filings during the month of November 2017. read more

Construction Activity Up in 2017: Residential Upsurge Makes Up for Declines in Infrastructure Spending

Red tape may have put public construction projects on hold this year, but a surge in private spending drove an overall increase in construction activity. Wells Fargo’s John Crum examines this and other key industry observations including the rental market, new equipment sales, used equipment prices and the effects of hurricane season. Looking ahead to 2018, he predicts it could be another great year for construction if this year’s pattern holds.... read more

Wells Fargo Names Three New Independent Directors

The board of directors of Wells Fargo elected three new independent directors as part of its succession planning and refreshment process. The three new directors, Celeste A. Clark, Theodore F. Craver and Maria R. Morris, will join the board on January 1, 2018. read more

Wells Fargo Says WSJ Foreign Exchange Story Misleading

In a news release, Wells Fargo strongly disputed the characterization of its foreign exchange pricing as being unfair and unfavorable to its customers, as alleged in a story published by the Wall Street Journal. read more

Wells Fargo Fires Senior Executive Vice President

Wells Fargo announced Franklin Codel, a senior executive vice president and head of Consumer Lending, was dismissed from the company, effective immediately. read more

Top Five Lift Truck Lenders Account for 67.8% of September Total

Statistical data for the lift truck equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 764 new lift truck related filings during the month of September 2017. read more

Survey: Small Businesses Planning to Hire, But Face Challenges

Following the largest increase in a decade, small business optimism held steady in Q4/17, according to the latest Wells Fargo/Gallup Small Business Index. read more

Wells Fargo Names Northern California Middle Market Banking Leader

Wells Fargo named Steve Sloan head of Middle Market Banking for Northern California. Sloan succeeds Rohan Kalbag, who was promoted to Middle Market Banking chief risk officer. read more

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

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