Wells Fargo Related Content

Wells Fargo Releases 2019 Stress Test Results Under Dodd-Frank Act

Wells Fargo & Company released the results of its latest company-run stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. read more

Wells Fargo Names Chrapaty Chief Technology Officer

Wells Fargo named Debra Chrapaty chief technology officer, making permanent a role she has held on an interim basis since May. She will continue reporting directly to Saul Van Beurden, head of Technology. read more

Wells Fargo Names Clifford-Toomey New COO of Corporate Risk

Wells Fargo named Kate Clifford-Toomey as chief operating officer for Corporate Risk, reporting to Chief Risk Officer Mandy Norton. Clifford-Toomey’s first day will be September 3, 2019. read more

Wells Fargo Restructures Commercial Banking Biz with Hranicky as Lead

Wells Fargo launched a new structure and leadership team for its Commercial Banking business, which will be led by Kyle Hranicky, a 25-year company veteran. read more

Noski Elected to Wells Fargo Board of Directors

Wells Fargo elected Charles H. Noski to its board of directors, effective June 1, 2019. Noski will serve on the board’s Audit and Examination Committee. read more

Wells Fargo Appoints Owen, Van Beurden to Tech Leadership Positions

Wells Fargo named Gary Owen chief information security officer and head of Information Security and Steve Hagerman head of Consumer Lending Technology. Both will report directly to Saul Van Beurden, head of Technology. read more

Reuters: OCC Will Reivew Wells Fargo CEO Pick

Reuters reported that the Office of the Comptroller of the Currency told Congress that it will will review the next pick for Wells Fargo’s chief executive. read more

Wells Fargo Named to 2019 LinkedIn Top Companies List

LinkedIn named Wells Fargo to its 2019 Top Companies list, which honors the 50 most sought-after companies in the U.S. read more

Wells Fargo Agents $302.7MM+ ABS Transaction for CCG

Independent commercial equipment finance company Commercial Credit Group closed a 144a privately-placed term asset-backed security transaction. Wells Fargo served as structuring agent and lead bookrunner on the $302.732 million financing. read more

Well Fargo Q1/19 C&I Interest Income Up 23%; Lease Financing Yields Drop Y/Y

Wells Fargo reported Q1/19 earnings of $5.9 billion was up from $5.1 billion a year earlier. C&I interest income was also up 23 percent compared to a year earlier while lease financing interest income and yields were down from Q1/18. read more

Wells Fargo Survey: Investors Favor ‘the Human Touch’ When Seeking Financial Advice

A Wells Fargo/Gallup Investor survey revealed 84 percent of investors are not replacing their financial advisors with automated investing technology. read more

Wells Fargo Asset Management Unveils Brand Redesign

As part of Wells Fargo’s recent branding campaign and redesign, Wells Fargo Asset Management (WFAM) launched a new brand initiative to provide clients with a more integrated, consistent product and solutions-focused experience. read more

Sloan to Retire as Wells Fargo CEO; Parker Appointed Interim CEO

Wells Fargo President and CEO Timothy Sloan has informed the company’s Board of Directors of his decision to step down as CEO, president, and board member effective immediately. The board has elected General Counsel C. Allen Parker as interim CEO. read more

After Consumer Scandals, Wells Fargo Struggles to Recruit Corporate Clients

Three years after a sales practice scandal rocked the bank, Wells Fargo is struggling to recruit new clients for its corporate bank, according to a new report from Reuters. read more

Wells Fargo CEO Testifies on Company Reforms Before Skeptical Congress

Wells Fargo CEO and President Tim Sloan testified before the House Financial Services Committee, asserting Wells Fargo has become a better bank through ongoing operational reforms. But numerous news services reported this testimony was met with skepticism by Congressional membership. read more

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