Wells Fargo Related Content

Wells Fargo Sponsors WBENC Education Program for Women-Owned Businesses

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

Wells Fargo Receives ‘Outstanding’ Community Reinvestment Act Rating

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

Wells Fargo, USHCC Expand Innovative Small Business Accelerator Program

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

Wells Fargo Names Owens New Head of Operations

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

Wells Fargo Q1/20 Net Income Down 88.9%, Revenue Down 18% Y/Y

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

Wells Fargo Names Bates Technology Control Executive

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

Wells Fargo Expands Participation in the Paycheck Protection Program

Wells Fargo expanded its participation in the Paycheck Protection Program to offer loans to a broader set of its small business and nonprofit customers subject to the terms of the program. read more

Wells Fargo Reaches Lending Capacity Under Paycheck Protection Program

Wells Fargo announced it is targeting to distribute a total of $10 billion to small business customers under the requirements of the PPP and will focus on serving two segments of its customer population: nonprofits and small businesses with fewer than 50 employees. read more

Wells Fargo Provides Aid for Customers, Communities Impacted by COVID-19

Wells Fargo announced additional comprehensive steps to help customers, communities and employees grappling with the impact of COVID-19. read more

Wells Fargo Hires TD Vet Patterson as General Counsel

Ellen Patterson will join Wells Fargo as its senior executive vice president and general counsel. She most recently served at TD Bank as group head and general counsel. read more

Election Leads to Cautiously Optimistic Construction Outlook – COVID-19 Impact Unknown

Prior to COVID-19, Construction industry executives were slightly cautious about 2020, according to a Wells Fargo survey, with conservative equipment acquisition expected. read more

36th Street Increases Facility to $170MM with Wells Fargo Participation

36th Street Capital increased its expandable senior secured revolving credit facility to $170 million in addition to amending terms to a new five-year facility.   read more

Wells Fargo Chief Accounting Officer, Levy, to Retire

Richard Levy, executive vice president and chief accounting officer, has decided to retire from Wells Fargo after 18 years with the company. He will remain with the company through March 31. read more

Wells Fargo Expands KTM Financing Program to Australia & New Zealand

Wells Fargo Commercial Distribution Finance announced a seven-year extension of its inventory financing program with motorcycle manufacturer KTM. The exclusive agreement has been expanded to support floorplan financing for nearly 100 dealers in Australia and New Zealand. read more

Constructing a Plan: Nine Economic Signs to Keep an Eye on in 2020

A slowing growth rate and continued economic expansion are not necessarily contradictory. Despite some uncertainty entering into the new year, both trends have held steady. Jim Heron recommends keeping an eye on nine different economic signs before deciding to change or forging ahead with any business plans in 2020.... read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com