Wells Fargo Related Content

Top Five Construction Equipment Lenders Account for 50.1% of August Total

Statistical data for the construction equipment market provided by EDA showed the lenders in the segment, in the aggregate, completed a total of 10,203 new construction equipment related filings during the month of August 2018. read more

Wells Fargo Q3 Earnings Up 32%; Lease Financing, C&I Loan Yields Higher

Wells Fargo reported Q3/18 net income of $6.01 billion was up 32% from $4.54 billion in Q3/17. The bank also noted YTD U.S. C&I Loan and Lease Financing yields of 4.08% and 4.82%, respectively were up from 3.70% and 4.78% for the same period in 2017. read more

Top Five Lenders Account for 50.7% of New Equipment Filings in August

The top 20 lenders in an industry group encompassing agriculture, construction, lift trucks, logging equipment, machine tools, office equipment, printing, trucking and woodworking filed financing statements covering a total of 28,863 equipment related filings during August 2018. read more

Kenrick Tapped to Lead Wells Fargo Silicon Valley Middle Market Banking

Wells Fargo selected 33-year banking veteran Alfred (Al) Kenrick to lead Middle Market Banking in Silicon Valley. read more

Wells Fargo Promotes Khoury to Lead Middle Market Banking in Portland

Wells Fargo appointed Megdy Khoury to lead Middle Market Banking in greater Portland, OR as regional manager. read more

Wells Fargo Risk Executive Departs After Fed Slaps Bank Again

The Wall Street Journal reported Wells Fargo Chief Operational Risk Officer Mark D’Arcy is leaving after an 18-month tenure following a Federal enforcement action against the bank. read more

Top Five Construction Equipment Lenders Account for 78.3% of June Total

The top 20 lenders in the segment, in the aggregate, completed a total of 7,035 new construction equipment related filings during the month of June 2018. read more

Top Five Lenders Account for 70.1% of New Equipment Filings in June

The top 20 lenders in an industry group encompassing agriculture, construction, lift trucks, logging equipment, machine tools, office equipment, printing, trucking and woodworking, filed financing statements covering a total of 21,989 equipment related filings during June 2018. read more

Wells Fargo Survey: Small Business Optimism Hits Record High

Small business optimism is at an all-time high, according to the latest quarterly Wells Fargo/Gallup Small Business Index, conducted July 11-18, 2018. read more

Wells Fargo Reaches Agreement with DOJ to Resolve Legacy RMBS Claims

Wells Fargo will pay $2.09 billion to resolve a previously disclosed investigation by the U.S. Department of Justice regarding claims related to certain 2005 to 2007 residential mortgage-backed securities activities. read more

Wells Fargo Reports ‘Flat’ H1/18 Lease Financing Results

Wells Fargo reported lease financing average balances for the six months of 2018 were $19.3 billion compared to $19.1 billion a year earlier. The average yield for the period of 4.89% compared to 4.88% for the same six months in 2017. read more

Wells Fargo Chief Economist John Silvia to Retire

John Silvia, chief economist for Wells Fargo, will retire as head of the Economics Group at Wells Fargo Securities after 16 years with the company. read more

Popular Completes Regulatory Clearance Process for Wells Fargo Buy

Popular completed the regulatory clearance process for its previously announced agreement to acquire certain assets and liabilities related to Wells Fargo’s auto finance business in Puerto Rico. read more

CIT Supports Innergex Solar Energy Project

Innergex Renewable Energy acquired a sizable 250MWAC/315 MWDC photovoltaic solar project located in Winkler County, TX from Longroad Energy Partners. read more

Top Five Construction Equipment Lenders Account for 75.9% of May Total

The top 20 lenders in the segment, in the aggregate, completed a total of 6,834 new construction equipment related filings during the month of May 2018. read more

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