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Members Exchange Closes Strategic Financing Round With Five New Investors, Including Blackrock
Wells Fargo Sets Quarterly Dividend Of $0.51 Per Share
Wells Fargo Names Lester Owens As New Head Of Operations
Wells Fargo & Company is a bank holding company. The Company is a diversified financial services company. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Company offers its services under three categories: personal, small business and commercial. It provides retail, commercial and corporate banking services through banking locations and offices, the Internet and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in other countries. It provides other financial services through its subsidiaries engaged in various businesses, including wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing services, investment advisory services, mortgage-backed securities servicing and venture capital investment.
420 Montgomery St
SAN FRANCISCO, CA
Charles H. Noski
Independent Chairman of the Board
Charles W. Scharf
President, Chief Executive Officer, Director
William M. Daley
Vice Chairman of the Board - Public Affairs
John R. Shrewsberry
Chief Financial Officer, Senior Executive Vice President
Scott E. Powell
Chief Operating Officer, Senior Executive Vice President
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Wells Fargo & Co <WFC.N> is advising employees to work from home through at least June 30, it said in a memo on Wednesday, noting that the bank is unlikely to return to business as usual the next day.
U.S. agencies are probing Wells Fargo & Co's <WFC.N> handling of the Paycheck Protection Program (PPP) for coronavirus relief, the country's fourth largest lender said on Tuesday.
Wells Fargo & Co said on Tuesday it has received inquiries from federal agencies over its loan offerings under the Paycheck Protection Program (PPP), a federal coronavirus relief program.
Wells Fargo & Co said on Monday it has received an "outstanding" rating on a U.S. regulatory test for community lending between 2012 and 2018.
Wells Fargo & Co has revived its special group for bad energy loans in recent weeks as the bank braces for more pain from the sharp downturn in oil prices, people familiar with the matter told Reuters.
Wells Fargo & Co, the largest U.S. mortgage lender, said on Thursday it will temporarily stop accepting applications for home equity loans given the economic uncertainty fueled by the COVID-19 pandemic.
Wells Fargo & Co said on Thursday it will temporarily stop accepting applications for home equity loans given the economic uncertainty fueled by the COVID-19 pandemic.
Wells Fargo & Co's relationship with the National Rifle Association (NRA) is "declining," Chief Executive Charles Scharf told investors on Tuesday.
Wells Fargo & Co's relationship with firearm lobbying group the National Rifle Association is "declining," Chief Executive Charles Scharf told investors on Tuesday.
The top U.S. retail banks said on Wednesday they would provide relief to customers who had overdrawn checking accounts, so that they could reap the full benefits of the federal government's cash stimulus program.
Wells Fargo & Co <WFC.N> on Tuesday reported a plunge in first-quarter profit as the U.S. bank set aside nearly $4 billion to cover potential losses on loans to consumers and small businesses hurting due to the coronavirus outbreak.
* WELLS FARGO REPORTS FIRST QUARTER 2020 NET INCOME OF $653 MILLION
Wells Fargo & Co first-quarter profit plunged as it set aside billions of dollars to cover potential loan-losses from the coronavirus pandemic.
The U.S. Federal Reserve said on Wednesday it would "temporarily and narrowly" modify the growth restriction on Wells Fargo & Co's balance sheet, allowing the bank to make more loans under government assistance programs for small businesses hurt by the coronavirus disruption...
Wells Fargo & Co <WFC.N>, the largest U.S. mortgage lender, is offering fewer home loan products during the coronavirus-fueled economic downturn, a spokesman said on Monday. The bank has paused many kinds of loans including cash-out refinance loans, most home equity loans...
Wells Fargo & Co <WFC.N> said late Sunday that it will cap its participation in the U.S. government's small business coronavirus rescue program at $10 billion due to regulatory constraints.
Wells Fargo & Co said late Sunday that it will cap its participation in the federal small business rescue program at $10 billion due to regulatory constraints. The San Francisco-based lender said it has likely reached capacity based on the applications it has already received...
* UNITED FIRE GROUP, INC. ENTERS INTO CREDIT AGREEMENT WITH WELLS FARGO
U.S. prosecutors are investigating the former head of Wells Fargo & Co’s community banking division for her role in the lender’s product mis-selling scandal, two sources said.
Wells Fargo & Co will join other large U.S. banks in paying out special compensation to front-line employees, according to a memo seen on Monday by Reuters.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.