Wells Fargo named Gary Owen chief information security officer and head of Information Security and Steve Hagerman head of Consumer Lending Technology. Both will report directly to Saul Van Beurden, head of Technology. read more

MAY 29, 2019 - 6:55 am

Reuters reported that the Office of the Comptroller of the Currency told Congress that it will will review the next pick for Wells Fargo’s chief executive. read more

MAY 16, 2019 - 5:30 am

LinkedIn named Wells Fargo to its 2019 Top Companies list, which honors the 50 most sought-after companies in the U.S. read more

APR 19, 2019 - 6:50 am

Independent commercial equipment finance company Commercial Credit Group closed a 144a privately-placed term asset-backed security transaction. Wells Fargo served as structuring agent and lead bookrunner on the $302.732 million financing. read more

APR 16, 2019 - 6:50 am

Wells Fargo reported Q1/19 earnings of $5.9 billion was up from $5.1 billion a year earlier. C&I interest income was also up 23 percent compared to a year earlier while lease financing interest income and yields were down from Q1/18. read more

APR 15, 2019 - 7:10 am

A Wells Fargo/Gallup Investor survey revealed 84 percent of investors are not replacing their financial advisors with automated investing technology. read more

APR 12, 2019 - 6:40 am

As part of Wells Fargo’s recent branding campaign and redesign, Wells Fargo Asset Management (WFAM) launched a new brand initiative to provide clients with a more integrated, consistent product and solutions-focused experience. read more

APR 5, 2019 - 6:55 am

Wells Fargo President and CEO Timothy Sloan has informed the company’s Board of Directors of his decision to step down as CEO, president, and board member effective immediately. The board has elected General Counsel C. Allen Parker as interim CEO. read more

MAR 29, 2019 - 7:00 am

Three years after a sales practice scandal rocked the bank, Wells Fargo is struggling to recruit new clients for its corporate bank, according to a new report from Reuters. read more

MAR 29, 2019 - 6:45 am

Wells Fargo CEO and President Tim Sloan testified before the House Financial Services Committee, asserting Wells Fargo has become a better bank through ongoing operational reforms. But numerous news services reported this testimony was met with skepticism by Congressional membership. read more

MAR 13, 2019 - 7:05 am

Wells Fargo provided an update on the progress the company has made and is making as part of its transformation to build a better, stronger company in a new progress report available on its website. read more

MAR 12, 2019 - 6:50 am

Wells Fargo appointed David Gillespie to head of Coverage for Corporate & Investment Banking and John Hudson to vice chair, Chair of Client Origination. read more

MAR 7, 2019 - 7:05 am

Wells Fargo named Maria Teresa Tejada its new chief strategic enterprise risk officer. Tejada will join the company’s risk organization and report directly to chief risk officer Mandy Norton. read more

MAR 5, 2019 - 6:50 am

For the eighth consecutive year, construction industry executives say they feel optimistic about the year ahead for their business sector, according to the 43rd Wells Fargo Construction Industry Forecast. read more

FEB 27, 2019 - 6:45 am

According to a post on Helicoptor Leasing, a bankruptcy judge approved the sale of bankrupt helicopter lessor Waypoint Leasing’s assets – including most of its helicopters – to Macquarie Group and some of its secured lenders. read more

FEB 20, 2019 - 7:00 am