Greg Thorne joined Wells Fargo Corporate & Investment Banking’s technology, media and telecom coverage group as a managing director focused on software investment banking. Prior to joining Wells Fargo, Thorne was a managing director at Deutsche Bank. read more
SEP 18, 2020 - 7:15 am
The overall score of the Q3/20 Wells Fargo/Gallup Small Business Index rose 12 points from last quarter’s historic low-water mark. However, the overall positive movement in sentiment was contrasted by the third successive quarterly decline in optimism about current business conditions. read more
SEP 10, 2020 - 6:48 am
Wells Fargo appointed six new corporate risk leaders as part of its enhanced risk model. In addition, Mike Roemer, the current chief compliance officer of Wells Fargo, decided to leave the company. Paula Dominick will join Wells Fargo as chief compliance officer in October. read more
AUG 14, 2020 - 7:11 am
United Rentals’ subsidiary, United Rentals North America (URNA), intends to redeem all of the outstanding $1.1 billion principal amount of its 6.5% senior notes due 2026 on Aug. 10, 2020. read more
AUG 3, 2020 - 6:44 am
Mike Santomassimo will join Wells Fargo in fall 2020 as CFO. Santomassimo will report to Charlie Scharf, CEO of Wells Fargo, and serve on the company’s operating committee. Santomassimo will succeed John Shrewsberry, who plans to retire. read more
JUL 22, 2020 - 7:13 am
Ather Williams III will join Wells Fargo in October 2020 as head of strategy, digital and innovation. Williams will join Wells Fargo from Bank of America, where he worked for nine years and most recently served as head of business banking. read more
JUL 21, 2020 - 7:54 am
Wells Fargo named Lola Ninonuevo chief operating officer and added Richard Place as chief financial officer for the Europe, Middle East and Africa region. read more
JUL 17, 2020 - 7:22 am
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