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

Wells Fargo terminated four current or former senior managers based on its board of directors’ ongoing independent investigation into the company’s retail banking sales practices and related matters. read more

FEB 22, 2017 - 7:09 am

The board of directors of Wells Fargo elected Karen B. Peetz, retired president of The Bank of New York Mellon, and Ronald L. Sargent, retired chairman and CEO of Staples, as new independent directors. read more

FEB 21, 2017 - 6:50 am

OnDeck Funding, a subsidiary of OnDeck Capital, amended its existing ABL revolver that provides for an increase in lenders’ commitment from $100 million to $150 million. Ares Agent Services served as administrative agent. read more

FEB 15, 2017 - 7:11 am

Bristow U.S., a subsidiary of Bristow Group, entered into a $200 million term loan credit agreement with Macquarie Bank as administrative agent and security agent. read more

FEB 6, 2017 - 7:31 am

Wells Fargo named Jafar Amin regional president for its Asia Pacific region, succeeding Jim Johnston who served as interim regional president. Amin is also now head of Global Financial Institutions for the region. read more

JAN 26, 2017 - 7:10 am

Seeking to better align its international banking services with the customers they serve, Wells Fargo announced its International Group will be integrated into other Wholesale Banking business lines. read more

JAN 20, 2017 - 7:32 am

Richard Yorke, who previously headed the International Group, was named chief operating officer of Wells Fargo Wholesale Banking, reporting to Perry Pelos, senior executive vice president and head of Wholesale Banking. read more

JAN 20, 2017 - 7:05 am

Wells Fargo interest income on lease financing average balances of $17.95 billion was $916 million in 2016, up 59% from $577 million on average balances of $12.30 billion a year earlier. read more

JAN 16, 2017 - 7:29 am

The FDIC and Federal Reserve rejected Wells Fargo’s latest “living will” plan and, as a result, has placed restrictions on bank’s ability to grow its international and non-bank activities. read more

DEC 14, 2016 - 7:11 am

Famous Dave's signed a new $11 million credit line with Venture Bank. The new loan was used to pay off the company’s $9.9 million loan with Wells Fargo. read more

DEC 12, 2016 - 6:42 am