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

APR 7, 2020 - 6:30 am

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

MAR 23, 2020 - 6:25 am

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

MAR 16, 2020 - 6:50 am

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

MAR 11, 2020 - 6:50 am

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

MAR 9, 2020 - 7:00 am

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

MAR 9, 2020 - 6:58 am

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

MAR 4, 2020 - 5:50 am

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

Nov/Dec 2019 2020

Wells Fargo has entered agreements with DOJ and SEC to resolve their investigations. Wells Fargo has agreed to make payments totaling $3 billion as part of the settlement. read more

FEB 24, 2020 - 6:55 am

The latest Wells Fargo/Gallup Small Business Index survey showed that most business owners have a positive outlook on their financial situation and plan to use digital marketing to attract new customers. read more

FEB 7, 2020 - 6:45 am

The Office of the Comptroller of the Currency issued a prohibition order and a $17.5 million civil money penalty against former bank Chairman and CEO John Stumpf. read more

JAN 24, 2020 - 7:32 am

Wells Fargo donated $250,000 to the American Red Cross in response to the wildfires that continue to have a devastating impact on Australia and its residents. read more

JAN 20, 2020 - 6:25 am

Wells Fargo reported 2019 net income of $19.55 billion, down from $22.39 billion in 2018. Revenue was $85.1 billion, down from $86.4 billion a year earlier. read more

JAN 15, 2020 - 6:50 am

Price Sloan will join Wells Fargo as chief strategic enterprise risk officer, effective January 13. read more

JAN 7, 2020 - 6:50 am

Wells Fargo announced that Muneera Carr will join the company as controller, effective January 6, 2020. read more

DEC 16, 2019 - 7:00 am