Wells Fargo unveiled details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic remain open, retain employees and rebuild. read more

JUL 13, 2020 - 6:53 am

According to the Wells Fargo Investment Institute’s 2020 midyear outlook, there will be a deep but short recession and a gradual U.S. economic recovery beginning in the second half of 2020. read more

JUN 18, 2020 - 7:31 am

Extraction Oil & Gas has voluntarily filed for petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Wells Fargo has underwritten a $125 million DIP financing facility, subject to Court approval.  read more

JUN 15, 2020 - 6:45 am

ELFA’s webinar addressed modification accounting, application of FASB COVID-19 related relief and operational considerations when modifying contracts. read more

JUN 3, 2020 - 6:50 am

Wells Fargo appointed two new Corporate Risk leaders, Kevin Reen and Bill Juliano, to provide greater oversight of all risk-taking activities and a more comprehensive view of risk across the company. read more

JUN 1, 2020 - 6:55 am

Wells Fargo and the National LGBT Chamber of Commerce launched the XLR8 Program to help LGBT entrepreneurs grow in a highly competitive market. read more

MAY 26, 2020 - 6:25 am

The Wells Fargo Innovation Incubator accelerated its awards program to provide $900,000 to cleantech and sustainable agriculture startups impacted by COVID-19. read more

MAY 19, 2020 - 6:30 am

Wells Fargo selected Nate Hurst to oversee a newly combined organization that includes Corporate Responsibility, Philanthropy, Community Relations, and Sustainability. He will also serve as president of the Wells Fargo Foundation. read more

MAY 15, 2020 - 6:35 am

Wells Fargo named Chintan Mehta CIO, head of Digital Technology & Innovation, and Munish Kumar CIO, head of Wealth & Investment Management Technology. read more

MAY 11, 2020 - 7:00 am

The WBENC Executive Education Program sponsored by Wells Fargo is a new executive education program to support women-owned businesses. read more

MAY 6, 2020 - 6:25 am

Wells Fargo Bank received a rating of “Outstanding” in its most recent Community Reinvestment Act Performance Evaluation. read more

MAY 5, 2020 - 6:25 am

Wells Fargo & Company and USHCC expanded into five new markets for the Avanzar Small Business Accelerator Program. read more

MAY 4, 2020 - 6:25 am

Wells Fargo appointed Lester Owens head of operations, responsible for building a more unified, integrated approach to Wells Fargo’s business operations functions. read more

APR 28, 2020 - 6:50 am

Wells Fargo reported Q1/20 net income of $653 million, down 88.9% from net income of $5.9 billion in Q1/19. Revenue of $17.7 billion was down 18% from $21.6 billion year over year. read more

APR 15, 2020 - 6:55 am

Wells Fargo named Julia Bates technology control executive. Bates joined from JPMorgan Chase’s Commercial Bank, where she served as chief control manager. read more

APR 10, 2020 - 7:00 am