Wells Fargo Related Content

Wells Fargo Names Tejada Chief Strategic Enterprise Risk Officer

Wells Fargo named Maria Teresa Tejada its new chief strategic enterprise risk officer. Tejada will join the company’s risk organization and report directly to chief risk officer Mandy Norton. read more

Construction Industry Optimism Remains High for Eighth Consecutive Year

For the eighth consecutive year, construction industry executives say they feel optimistic about the year ahead for their business sector, according to the 43rd Wells Fargo Construction Industry Forecast. read more

Bankruptcy Court Approves Sale of Waypoint Assets to Macquarie Group

According to a post on Helicoptor Leasing, a bankruptcy judge approved the sale of bankrupt helicopter lessor Waypoint Leasing’s assets – including most of its helicopters – to Macquarie Group and some of its secured lenders. read more

Wells Fargo Survey: Small Business Revenues Decrease, Optimism Declines

Small business owners indicated declining optimism in the latest quarterly Wells Fargo/Gallup Small Business Index, with an overall Index score of 106. read more

Wells Fargo Launches Recovery and Rebuilding Effort in Paradise, CA

Wells Fargo will provide an additional $3.25 million in financial resources to residents and organizations in Butte County, CA, to address challenges that remain after the 2018 wildfires. Funding will include loan capital earmarked for infrastructure, staff, inventory, equipment and other assistance. read more

Troutner Joins Wells Fargo as Western Region Bank Exec

Financial services executive Steve Troutner joined Wells Fargo as Western region bank executive. Troutner will be based in Los Angeles and report to Head of Consumer Banking Mary Mack. read more

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

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