Wells Fargo Related Content

Wells Fargo and BlackRock Plaintiffs Settle RMBS Trustee Litigation

Wells Fargo and a group of institutional investors, including funds affiliated with BlackRock and PIMCO, reached a settlement that resolves two class action lawsuits. read more

Wells Fargo Vendor Services Extends Hyster-Yale Program Agreement

Wells Fargo announced the extension of its joint venture vendorfinancing relationship with Hyster-Yale Group through 2023. read more

Top Five Construction Equipment Lenders Account for 42.5% of September Total

Statistical data for the construction equipment market provided by EDA showed the lenders in the segment, in the aggregate, completed a total of 8,476 new construction equipment related filings during the month of September 2018. read more

Top Five Lenders Account for 84% of New Equipment Filings in September

Statistical data provided by EDA showed the top 20 lenders in an industry group encompassing agriculture, construction, lift trucks, logging equipment, machine tools, office equipment, printing, trucking and woodworking, in the aggregate, filed financing statements covering a total of 23,811 equipment related filings during the month of September 2018. read more

Hardison, Julian Take Leaves of Absence from Wells Fargo

Chief Administrative Officer Hope Hardison and Chief Auditor David Julian have begun leaves of absence from Wells Fargo and will no longer be members of the company’s Operating Committee. read more

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

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