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
Doosan Fuel Cell America established a strategic alliance with Wells Fargo Vendor Financial Services to expand its business in the U.S. read more
JUN 30, 2017 - 8:01 am
Andrew Rowe was selected as head of Wells Fargo’s Community Banking Customer Segments team. Rowe will join from Bank of America where he most recently served as a consumer risk executive. read more
JUN 14, 2017 - 7:05 am
Wells Fargo named 16-year company veteran Brendon Riley to its Dallas Middle Market Banking leadership team as regional vice president. read more
JUN 6, 2017 - 6:39 am
Small business optimism held onto recent gains in Q2/17, according to the latest findings from the Wells Fargo/Gallup Small Business Index. read more
MAY 9, 2017 - 6:14 am
Maxim Crane Works entered into a stock purchase agreement to acquire Coast Crane. To support the acquisition, Coast entered an amendment to its credit agreement with Wells Fargo as agent. read more
APR 21, 2017 - 7:59 am
Recent SEC filings revealed Wells Fargo’s chief executive, Timothy Sloan and chairman Stephen Sanger bought a combined 97,342 shares of stock at a per share price of $51.65. Following the news, shares were trading over 2% higher and closed at $52.65 on April 17, 2017. read more
APR 18, 2017 - 7:14 am
Wells Fargo reported its lease financing average balances of $19,070 million in Q1/17 were up 26.7% compared to $15,047 million for the same quarter a year earlier. read more
APR 14, 2017 - 7:30 am
David Marks was named head of Wells Fargo Capital Finance. Marks succeeds Guy Fuchs, who left the company in March. read more
APR 10, 2017 - 7:59 am
The Huffington Post reported that former CFA Executive Director Robert Trojan has filed a lawsuit against the CFA and Wells Fargo, charging that he was fired after reporting a conflict of interest between Wells and the bank’s auditors, Freed Maxick to CFA president, Andrea Petro. read more
APR 3, 2017 - 8:07 am
Reuters reported Wells Fargo must face litigation seeking to hold it responsible for billions of dollars of claimed investor losses stemming from its alleged failures as a trustee overseeing risky RB securities. read more
APR 3, 2017 - 7:03 am
Rush Enterprises entered into a $100 million revolver credit agreement with a group of banks led by BMO Harris serving as administrative agent. read more
MAR 28, 2017 - 7:08 am
Wells Fargo promoted veteran commercial banker Grant Friesth to head the Central Division for Middle Market Banking. read more
MAR 15, 2017 - 7:09 am
On February 15, Popeyes Louisiana Kitchen amended its credit agreement with Wells Fargo as administrative agent, providing a $150 million revolver expansion. On February 21, Restaurant Brands International, the parent company of Burger King, purchased Popeyes for $1.8 billion. read more
FEB 23, 2017 - 7:07 am