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

OCT 20, 2014 - 7:36 am

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

Oct 2014

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

OCT 15, 2014 - 7:31 am

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

OCT 6, 2014 - 7:18 am

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

SEP 23, 2014 - 11:19 am

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

JUL 17, 2014 - 7:12 am

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

FEB 26, 2014 - 7:11 am

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

MAY 6, 2011 - 9:32 am