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

OCT 16, 2017 - 7:59 am

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

OCT 13, 2017 - 7:05 am

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

September/October 2017

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

OCT 9, 2017 - 6:43 am

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

SEP 29, 2017 - 6:55 am

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

SEP 25, 2017 - 7:03 am

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

SEP 15, 2017 - 7:20 am

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

SEP 1, 2017 - 6:58 am

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

AUG 17, 2017 - 7:06 am

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

AUG 8, 2017 - 5:09 am

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

AUG 7, 2017 - 7:29 am

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

Monitor 100 2017

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

JUL 25, 2017 - 7:30 am

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

JUL 19, 2017 - 6:54 am

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

JUL 17, 2017 - 7:08 am