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

MAY 6, 2015 - 7:13 am

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

APR 21, 2015 - 6:58 am

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Wells Fargo reported its Q1/15 lease financing average balance was $12.32 billion with a reported yield of 4.95% compared to $12.26 billion with a reported yield of 6.12% in Q1/14. read more

APR 15, 2015 - 7:36 am

Blackstone and Wells Fargo announced they signed agreements to purchase most of the assets of GE Capital Real Estate in a transaction valued at approximately $23 billion. read more

APR 13, 2015 - 7:42 am

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Wells Fargo named Julie Caperton head of Corporate Development, responsible for supporting business leaders across Wells Fargo by managing the company’s acquisition and divestiture process. read more

MAR 30, 2015 - 7:20 am

According to the U.S. Attorney’s office in FL, a man posing as an executive of a number of companies has been indicted and charged with fraud against Wells Fargo, CIT Group and Key Bank. read more

FEB 6, 2015 - 7:39 am

Wells Fargo announced it opened a new commercial banking office in New York City to expand its services to the apparel industry. Joe Pollicino, Doug Taliaferro and Gary Vessecchia were hired to spearhead the initiative. read more

JAN 16, 2015 - 12:17 am

Wells Fargo reported record FY 2014 earnings of $23.1 billion, up from $21.9 billion in 2013. The bank noted its lease financing portfolio of $12.3 billion was providing a yield of 5.63%, down 47 bps from 6.10% a year earlier. read more

JAN 14, 2015 - 3:09 am

Wells Fargo hired Kelly Madden to lead commercial banking operations in Florida. Madden was previously the North Florida region president and retail bank director for Greater North Florida with Wells Fargo predecessor Wachovia Bank. read more

DEC 24, 2014 - 7:12 am

According to the latest Wells Fargo/Gallup Small Business Index, small business owners are the most optimistic they have been in more than six years, and business owners are feeling the most upbeat about the year ahead since the start of the Great Recession. read more

DEC 4, 2014 - 7:01 am

Wells Fargo appointed Michael Bromfield to lead its new Commercial Banking office as part of an expansion in the Chicago suburbs set to happen over the next several years. read more

NOV 26, 2014 - 6:24 am

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

NOV 25, 2014 - 7:29 am

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

NOV 18, 2014 - 7:14 am

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

NOV 11, 2014 - 7:15 am

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

NOV 3, 2014 - 7:07 am