Wells Fargo Related Content

Wells Fargo Names Shea New Relationship Manager

According to a news story that appeared on philly.com, Wells Fargo Commercial Banking’s National Food and Agribusiness Division in Philadelphia has named Michael Shea new relationship manager. read more

Bloomberg: Wells Fargo Front-Runner for GE Railcar Unit

Bloomberg, citing sources close to the matter, reported that Wells Fargo has become the front-runner to purchase GE’s railcar financing unit. read more

GE Capital Veteran to Head Wells Fargo SBA Sales

John Coad, a 24-year veteran of GE Capital, has been named national sales manager for SBA Lending by Wells Fargo. read more

Small Business Optimism Falls Again

According to the quarterly Wells Fargo/Gallup Small Business Index, optimism in the sector during Q2/15 fell to 59, down from 64 in April and 71 in January. read more

Ready for the Next Downturn … Diligent Credit and Risk Managers Worry

Monitor contributor, Susan Carol, reports on the ELFA’s Credit and Collection Conference where credit and risk managers remain confident when it comes to compliance and fundamental practices as they prepare for the next inevitable downturn.... read more

Wells Fargo Most Valuable Bank on Planet

According to a Zacks Research report, Wells Fargo has officially surpasses the Industrial and Commercial Bank of China to become the world’s most valuable money lender. read more

Bloomberg: Lenders Losing Patience With Drillers

According to a report from Bloomberg, bank regulators’ warnings about the risk involved with lending to U.S. drillers has patience from Wall Street lenders waning. read more

WSJ: Wells Still In Tough Competition For GE Capital Assets

According to the Wall Street Journal, Wells Fargo remains interested in acquiring parts of the GE Capital portfolio, even against elevated competition from non-banks. read more

Wells Fargo Loan Growth Reflects GE Capital Purchase

Wells Fargo reported Q2/15 earnings of $5.7 billion were about the same as Q2/14 and matched analysts’ expectations. Total sequential loan growth of $27.2 billion included $11.5 billion from a GE Capital loan purchase. read more

GE Capital Real Estate Closes $9.5B Towards Exit

GE its GE Capital Real Estate business has completed transactions totaling $9.5 billion with Blackstone, Wells Fargo, Shinsei Bank and other buyers for portfolios in Canada, Japan, Germany, UK and the U.S. read more

Wells, TD Explore Bids for GE Lending Assets

Bloomberg reported Wells Fargo and TD Bank are exploring offers for a batch of U.S. commercial-lending businesses General Electric Co. is selling as it whittles down its finance arm. read more

SNL: $1B+ Banks Report $2.5B from Q1 Overdraft Fees

According to SNL Financial, banks with more than $1 billion in assets collectively reported they took in $2.51 billion in overdraft fees in Q1/15. read more

Wells Fargo Lends $22.6B to Small Businesses

Wells Fargo extended $22.6 billion in new loan commitments to small business customers in the first 15 months of its five-year goal. read more

Wells Fargo Expands in New England, Names O’Brien Division Manager

Wells Fargo said it promoted Greg O’Brien to division manager of its recently established Commercial Banking New England Division. read more

WSJ: GE in Talks to Sell U.S. CLL Business to Wells Fargo

The Wall Street Journal reported General Electric is in talks to sell all or parts of its U.S. Commercial Lending and Leasing unit, with $74 billion in assets, to Wells Fargo and others. read more

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