Wells Fargo Related Content

Wells 2018 Revenue Down Slightly While Earnings Hold Steady

Wells Fargo reported net income of $22.4 billion in 2018, compared with $22.2 billion in 2017. Revenue of $86.4 billion was down from $88.4 billion year over year. read more

Wells Fargo Hires JPMorgan Vet Van Beurden as Head of Technology

Wells Fargo named Saul Van Beurden head of Technology, a new role. Van Beurden, a 25-year financial services veteran, most recently served as chief information officer of consumer and community banking at JPMorgan Chase. read more

Top Five Construction Equipment Lenders Account for 43.2% of November Total

Statistical data for the construction equipment market provided by EDA showed the lenders in the segment, in the aggregate, completed a total of 11,167 new construction equipment related filings during the month of November 2018. read more

Top Five Lenders Account for 47.6% of New Equipment Filings in November

Statistical data provided by EDA showed the top 20 lenders in the aggregate, filed financing statements covering a total of 26,853 new equipment related filings during the month of November 2018. read more

Wells Fargo to Pay $575MM to Settle Claims with Attorney Generals

Wells Fargo reached an agreement with all 50 state Attorneys General and the District of Columbia and will pay $575 million to resolve claims. read more

Construction Strength Builds Its Own Challenges: Significant 2018 Growth Could Point to a More-Moderate 2019

After achieving a 20-year high this year, the construction industry is undoubtedly thriving. But have we reached the top of the cycle? John Crum examines the factors that have fueled growth over the last five years and the indicators that the pace of expansion will slow in 2019.... read more

Small Business Optimism Soars on Strong Revenues and Cash Flow

Optimism among small business owners jumped significantly in the latest quarterly Wells Fargo/Gallup Small Business Index, with an overall Index score of 129, the highest in the survey’s 15-year history. read more

Wells Fargo Equipment Finance Promotes Dore to Chief Credit Officer

Dore, a 25-year industry veteran brings strong risk-management experience to the chief credit office role for Wells Fargo Equipment Finance. read more

Top Five Lenders Account for 67% of New Equipment Filings in October

Statistical data provided by EDA showed the top 20 lenders, in the aggregate, filed financing statements covering a total of 16,373 new equipment related filings during the month of October 2018. read more

Wells Fargo Donates Additional $1.5MM to California Wildfire Relief

Wells Fargo announced a donation of $1.5 million to aid in the ongoing recovery and relief efforts resulting from the devastating wildfires in California. read more

Wells Fargo and BlackRock Plaintiffs Settle RMBS Trustee Litigation

Wells Fargo and a group of institutional investors, including funds affiliated with BlackRock and PIMCO, reached a settlement that resolves two class action lawsuits. read more

Wells Fargo Vendor Services Extends Hyster-Yale Program Agreement

Wells Fargo announced the extension of its joint venture vendorfinancing relationship with Hyster-Yale Group through 2023. read more

Top Five Construction Equipment Lenders Account for 42.5% of September Total

Statistical data for the construction equipment market provided by EDA showed the lenders in the segment, in the aggregate, completed a total of 8,476 new construction equipment related filings during the month of September 2018. read more

Top Five Lenders Account for 84% of New Equipment Filings in September

Statistical data provided by EDA showed the top 20 lenders in an industry group encompassing agriculture, construction, lift trucks, logging equipment, machine tools, office equipment, printing, trucking and woodworking, in the aggregate, filed financing statements covering a total of 23,811 equipment related filings during the month of September 2018. read more

Hardison, Julian Take Leaves of Absence from Wells Fargo

Chief Administrative Officer Hope Hardison and Chief Auditor David Julian have begun leaves of absence from Wells Fargo and will no longer be members of the company’s Operating Committee. read more

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