According to the latest Wells Fargo/Gallup Small Business Index, after reaching a seven-year high in January, small business owners are feeling less optimistic today than they were a year ago. read more
DEC 11, 2015 - 7:31 am
Wells Fargo has promoted Cavan Harris to regional vice president of its Charlotte West Commercial Banking team that covers Charlotte and western North Carolina middle market companies. read more
DEC 11, 2015 - 6:48 am
Aircraft lessor AerCap Holdings said it completed the closing of $1.3 billion of new credit facilities that will be used to acquire 22 aircraft from Boeing and Airbus through the end of 2016. read more
DEC 10, 2015 - 7:16 am
Bloomberg reported that JPMorgan Chase, Bank of America and Wells Fargo are among eight large U.S. banks that had credit grades cut one level by Standard & Poor’s on the prospect that the U.S. government is less likely to provide aid in a crisis. read more
DEC 3, 2015 - 7:21 am
Avolon Capital Partners has acquired one Airbus A320-200 aircraft on lease to VivaAerobus. This is the ninth aircraft to deliver to Avolon Capital Partners. read more
DEC 1, 2015 - 1:27 pm
Wells Fargo’s board of directors has named 28-year company veteran Timothy J. Sloan to be president and chief operating officer, reporting to chairman and CEO John G. Stumpf, effective immediately. read more
NOV 18, 2015 - 7:14 am
Wells Fargo announced the addition of Doug Bryant, a retired regional sales manager for the Northeast division of Commercial Banking, to its New England advisory board. read more
NOV 10, 2015 - 6:56 am
The Wall Street Journal reported that Wells Fargo finance chief John Shrewsberry said it is unlikely that the bank will pursue any other GE-related acquisitions. read more
OCT 16, 2015 - 7:36 am
Wells Fargo reported its year-to-date 2015 lease financing interest income of $441 million was down 16% from $526 a year earlier. The related YTD yield of 4.77% was down 96 basis points from 5.73% in 2014. read more
OCT 15, 2015 - 6:51 am
GE reached an agreement to sell GE Capital’s global Commercial Distribution Finance, North American Vendor Finance and Corporate Finance platforms to Wells Fargo. read more
OCT 14, 2015 - 7:37 am
U.S. Small Business Administration data shows Wells Fargo approved more SBA 7(a) loan dollars and units than any other lender for 2015 federal fiscal year. read more
OCT 13, 2015 - 7:23 am
Reuters reported that GE is in advanced talks to sell a finance portfolio worth more than $30 billion to Wells Fargo. Reuters said the deal encompasses vendor financing, commercial distribution finance and direct lending assets. read more
OCT 12, 2015 - 8:12 am
GE Capital has signed nearly $95 billion in deals to reduce its size as of the end of Q3/15. read more
OCT 5, 2015 - 7:55 am
GE announced it reached separate agreements to sell its tank car fleet assets and repair facilities to Marmon Holdings, and its remaining railcar leasing business to Wells Fargo. read more
OCT 1, 2015 - 7:14 am
Jack in the Box announced its Board authorized an additional $200 million stock buyback program commencing in fiscal 2016. The company noted Wells Fargo was agent on the company’s recent revolver upsize amendment increase that creates room for the buyback. read more
SEP 24, 2015 - 7:38 am