Wells Fargo Related Content

Wells Fargo Finances $10MM to Streamline Health Solutions

Streamline Health Solutions announced it finalized a $10 million senior term loan with a $5 million revolving line of credit with Wells Fargo. read more

Wells Fargo Names Southwest Region President

Wells Fargo announced that Southern California Lead Region President John Sotoodeh will head Wells Fargo’s Southwest Region. He succeeds Paul W. “Chip” Carlisle, who announced his retirement earlier this year. read more

Wells Fargo Named America’s Top SBA Lender

For the sixth straight year, Wells Fargo is American’s top SBA lender in dollar volume, approving a record $1.6 billion in SBA 7(a) loans for small businesses in federal fiscal year 2014. read more

Wells Fargo Adds Resources for Tech Sector in Mountain States

Wells Fargo announced it hired Matt Wysong to lead the expansion of its Technology Banking Group in the Mountain States, with emphasis on CO, UT, AZ, NV and ID. read more

Wells Fargo Taps Cavallari to Open Gainesville Office

Wells Fargo said it has opened a new commercial banking office in Gainesville, FL and has tapped Andrew Cavallari, an 18-year financial services veteran, to lead the effort. read more

Inside GE Capital

Jerry Parrotto

Recently, monitordaily reported GE Capital segment results showed overall net earnings for Q3/14 were $1.492 billion, down 22% from $1.903 a year earlier. All financial segments – Consumer, Real Estate, GECAS and Energy Financial – were off, with the exception... read more

Wells Fargo Q3 Y/Y Net Interest Margin Off 33 BPS

Wells Fargo reported Q3/14 net income of $5.7 billion was up from $5.6 billion in Q3/13. The bank noted that its Q3/14 net interest margin of 3.06% was down from 3.15% sequentially and 3.39% in Q3/13. read more

Wells Fargo EF Names Mayer Successor to McQueen

Wells Fargo announced that Bill Mayer will become head of its Equipment Finance group. Mayer will succeed John McQueen, a 21-year company veteran who announced his retirement earlier this year. read more

Wells Fargo Names Cole Division Manager

Wells Fargo announced Monica Cole will head Wells Fargo Commercial Banking Southern Division team as EVP and division manager. read more

Wells Fargo Equipment Finance’s John McQueen to Retire

Wells Fargo announced that John McQueen, head of Wells Fargo Equipment Finance, will retire from Wells Fargo at the end of 2014 after 21 years of service. read more

Wells Fargo: Construction Industry Optimism Hits Record High

According to Wells Fargo Equipment Finance’s 2014 Construction Industry Forecast, construction contractors and equipment distributors’ optimism brought the Optimism Quotient to a record high of 124, 18 points up from 2013. read more

Navitas Lease Closes $25 Million Credit Facility with Wells Fargo

Navitas Lease said it closed a three-year, $25 million senior secured credit facility with Wells Fargo Capital Finance to be used in executing its growth plans aimed at the small ticket equipment finance market. read more

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