Volkswagen Financial Services (VWFS), the captive financial services arm of Volkswagen Group of America, and Wells Fargo announced a multi-year co-branded agreement under which Wells Fargo will be the preferred purchase financing provider for the...
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September 17, 2024, 07:10 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in July:
New...
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August 23, 2024, 07:25 AM
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ChargePoint, a provider of solutions for charging electric vehicles (EVs), EnTech Solutions, a division of Faith Technologies Incorporated (FTI) and a comprehensive distributed energy solutions provider, and Wells Fargo announced their collaboration...
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February 29, 2024, 07:25 AM
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Wells Fargo announced that Frederick O. Terrell will join the Corporate & Investment Bank (CIB) as vice chairman of Investment Banking on January 2, 2024. He will serve as a member of CIB’s senior leadership team delivering strategic and...
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December 18, 2023, 07:05 AM
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Wells Fargo announced its formal plans to expand its Hudson Yards office footprint and create a better, more collaborative employee experience with the purchase of additional space at Hudson Yards. This transaction represents a significant investment...
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November 28, 2023, 07:10 AM
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Centerbridge Partners and Wells Fargo & Company announced they are entering into a strategic relationship focused on direct lending to non-sponsor North American middle market companies. To meet the alternative credit needs of this segment...
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September 27, 2023, 07:15 AM
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Aequum Capital recently expanded its revolving line of credit led by Texas Capital Bank to $60 million by adding Wells Fargo & Company to the bank lending group. This new financing will further augment Aequum's significant equity base led by...
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June 29, 2023, 07:00 AM
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Wells Fargo announced that Jeff Hogan has joined the Corporate & Investment Bank (CIB) as co-head of Global Mergers & Acquisitions (M&A) within the Banking division. He will co-lead the M&A team with David DeNunzio, who has led the business since he...
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May 10, 2023, 07:05 AM
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Koppers Holdings, an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, closed a 7-year $400 million senior secured Term Loan B (TLB), which will bear interest, at the company's option, at adjusted...
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April 17, 2023, 07:00 AM
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Wells Fargo released its 2023 Construction Industry Forecast, a survey designed to gather insights on sentiment and current business conditions in the construction industry. This year’s survey indicates a level of cautious optimism prevailing among...
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February 17, 2023, 07:22 AM
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Wells Fargo & Company has unveiled Vantage, a new digital banking platform for Commercial Banking and Corporate & Investment Banking clients. Previously known as the Commercial Electronic Office – or CEO Portal – Vantage offers enhanced features to...
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December 05, 2022, 07:22 AM
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William (Bill) J. Mayer, a senior finance industry executive responsible for generating billions of dollars in growth during his 33 years at Wells Fargo and GE Capital, has joined Tiger Group as Executive Managing Director. He will focus on business...
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November 02, 2022, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Charles W. Cross, Senior Lead Counsel at Wells Fargo, to receive its 2022 David H. Fenig Distinguished Service in Advocacy Award. The award honors individuals who have made significant...
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May 23, 2022, 07:25 AM
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Wells Fargo announced resources designed to help increase the growth of women-owned small businesses, including a $1.5 million grant to How Women Lead aimed at disrupting the unequal venture capital (VC) system for women founders. The grant will help...
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March 11, 2022, 07:12 AM
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Wells Fargo & Company announced that Jessica Lupovici has been named Head of Middle Market Banking’s East Region, part of Commercial Banking. Lupovici will join Wells Fargo in April and report to Kristin Lesher, Executive Vice President and Head of...
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February 02, 2022, 07:24 AM
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Wells Fargo appointed Derek Flowers as the company’s Chief Risk Officer, effective immediately. Flowers will lead all aspects of Wells Fargo’s Independent Risk Management function, including compliance risk management. He will continue to serve as a...
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January 19, 2022, 07:18 AM
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Tamarack Technology, Inc., a provider of independent software solutions in the equipment finance and commercial lending industry, has expanded its professional services team with the addition of industry veterans Karl Crandall and Lori Rieckhoff.In...
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October 27, 2021, 07:21 AM
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Wells Fargo announced that Talena Hooper has been named division executive to lead its Commercial Banking Great Plains division. Based in Kansas City, Hooper now oversees commercial banking operations across Arkansas, Iowa, Kansas, Missouri, and...
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September 01, 2021, 07:22 AM
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Wells Fargo announced Julie Caperton as head of Wells Fargo Private Bank, a division of Wealth & Investment Management (WIM). This is in addition to Caperton’s current role as head of the Banking, Lending & Trust Center of Excellence for WIM....
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June 18, 2021, 06:14 AM
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Mitsubishi UFJ Financial Group (MUFG) announced the hiring of nine bankers to the Restaurant Finance group of its Corporate and Investment Banking division. Two leadership hires among them are Managing Director Nick Cole, who will head the newly...
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May 18, 2021, 07:25 AM
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Wells Fargo & Company announced Reetika Grewal has been named head of Digital for Commercial Banking and Corporate & Investment Banking. She will join the company in late April and report to Ather Williams III, head of Strategy, Digital, and...
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March 18, 2021, 07:20 AM
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Wells Fargo was awarded the top prize for Sustained Excellence by S&P Global Platts at its 2020 Global Energy Awards. The Sustained Excellence category recognizes companies that are embracing efficiency and renewable energy in their operations to...
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December 29, 2020, 07:14 AM
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Wells Fargo Corporate & Investment Banking, a division of Wells Fargo & Company, announced Lucy To has joined its Healthcare Coverage group as a Managing Director focused on the biotech investment banking sector. Based in New York, To will report to...
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October 19, 2020, 07:20 AM
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Wells Fargo announced the launch of Payment Tracker, a new, single status, secure, web-based solution for tracking global payments.“We are committed to digitally enabling and empowering our financial institution customers with transparent...
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October 06, 2020, 07:07 AM
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Rocky Mountain Institute (RMI), a global clean energy nonprofit, announced the launch of the Center for Climate-Aligned Finance in collaboration with Wells Fargo, Goldman Sachs, Bank of America and JPMorgan Chase — four of the world’s largest...
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July 13, 2020, 07:10 AM
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Wells Fargo & Company announced Richard Levy, Executive Vice President and Chief Accounting Officer, has decided to retire after 18 years with the company. Levy, 62, will remain with the company through March 31.“Throughout his tenure at Wells Fargo...
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March 09, 2020, 07:19 AM
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Wells Fargo & Company announced Price Sloan will join the company as Chief Strategic Enterprise Risk Officer, effective Jan. 13. Sloan, a financial services industry veteran with extensive legal and risk management experience, will report to Chief...
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January 07, 2020, 07:25 AM
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Wells Fargo & Company announced that Muneera Carr will join the company as Controller, effective Jan. 6, 2020. Carr, a financial services industry veteran, will report to Richard Levy, who will continue to act in his existing capacity as Wells...
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December 16, 2019, 07:20 AM
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Wells Fargo & Company announced Scott Powell has been named Chief Operating Officer effective Dec. 9. He will serve on the company’s Operating Committee and report directly to CEO and President Charlie Scharf. Powell most recently was CEO of...
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December 03, 2019, 07:30 AM
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Wells Fargo & Company announced General Counsel C. Allen Parker has made the decision to leave the company effective March 31, 2020, to pursue other business opportunities. Parker joined Wells Fargo as General Counsel in March 2017, served as interim...
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November 15, 2019, 07:24 AM
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Wells Fargo & Company announced Kara McShane has been named Head of Commercial Real Estate (CRE) within the company’s Wholesale Banking group. She will assume this role on Feb. 14, 2020, upon Mark Myers’ retirement.“Kara is an exceptional leader who...
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November 13, 2019, 07:10 AM
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Wells Fargo Wholesale Banking, a division of Wells Fargo & Company, announced Paul Whyte is joining its Corporate & Investment Banking (CIB) and Commercial Real Estate (CRE) groups, effective Nov. 12, as a Managing Director focused on real estate...
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November 12, 2019, 07:19 AM
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Wells Fargo & Company announced William M. Daley has been named Vice Chairman of Public Affairs. Daley will serve on the Operating Committee and will report directly to CEO Charles Scharf. Daily’s career includes two cabinet-level appointments —...
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November 08, 2019, 07:00 AM
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Wells Fargo & Company announced Patricia Sutter, an industry and Wells Fargo veteran, has been named head of Wells Fargo Corporate Trust Services (CTS). Sutter will remain based in Chicago and report to David Marks, Head of Wells Fargo Commercial...
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October 14, 2019, 07:25 AM
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The Board of Directors of Wells Fargo & Company announced it has named Charles W. Scharf as the company’s Chief Executive Officer and President, and a member of the Board of Directors, effective Oct. 21. Scharf was chairman and CEO of Bank of New...
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September 27, 2019, 07:30 AM
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Wells Fargo & Company announced the extension of its vendor financing relationship with Doosan and its businesses – including Bobcat Company, the compact machinery maker and distributor – through December 2023.Doosan’s recent agreement with Wells...
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September 20, 2019, 07:25 AM
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Wells Fargo & Company announced Tracy Kerrins has been named Chief Information Officer of Enterprise Functions Technology. Kerrins joins the company Oct. 21 reporting to Saul Van Beurden, head of Technology. She is based in Charlotte, N.C.“Tracy has...
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September 18, 2019, 07:08 AM
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Wells Fargo & Company announced the formation of a national Food, Beverage & Agribusiness group, part of the company’s Specialized Industries division within Commercial Banking. The group is led by 24-year industry veteran Monica Cole, who is based...
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September 06, 2019, 07:25 AM
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Wells Fargo Corporate & Investment Banking, a part of Wells Fargo & Company, announced David Lauffer has joined its Healthcare Investment Banking group as a Managing Director covering the biopharma sector. Based in New York, he will report to Omid...
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July 19, 2019, 07:12 AM
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Wells Fargo Corporate & Investment Banking, a division of Wells Fargo & Company, announced Paul Croci has joined its Industrials coverage group as a Managing Director covering the aerospace and defense sector. Based in New York, he will report to...
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July 16, 2019, 07:07 AM
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Wells Fargo & Company provided additional information about its newly formed Strategic Execution and Operations Office, which is focused on achieving operational excellence across businesses to enable the company to execute more effectively against...
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July 01, 2019, 07:25 AM
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Wells Fargo & Company named Debra Chrapaty as Chief Technology Officer, making permanent a role she held on an interim basis since May. She will continue reporting directly to Saul Van Beurden, head of Technology at Wells Fargo.Chrapaty will lead...
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June 14, 2019, 07:15 AM
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Wells Fargo & Company named Kate Clifford-Toomey as Chief Operating Officer for Corporate Risk, reporting to Chief Risk Officer Mandy Norton. Clifford-Toomey’s first day in the post will be Sept. 3.As COO, Clifford-Toomey will be responsible for...
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June 07, 2019, 07:20 AM
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Wells Fargo & Company named Gary Owen as Chief Information Security Officer and head of Information Security, and Steve Hagerman as head of Consumer Lending Technology. Both will join the company’s Technology organization reporting directly to Saul...
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May 29, 2019, 07:05 AM
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Wells Fargo & Company announced Chief Executive Officer and President Timothy J. Sloan has informed the Board of Directors of his decision to retire from the company, effective June 30, and to step down as CEO, President and board member effective...
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March 29, 2019, 07:30 AM
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Wells Fargo announced today that David Gillespie has been appointed head of Coverage for Corporate & Investment Banking (CIB), leading the organization’s industry-focused and specialty practice groups. The Coverage group provides investment banking...
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March 07, 2019, 07:10 AM
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Wells Fargo & Company announced Maria Teresa Tejada has been named the company’s Chief Strategic Enterprise Risk Officer. She joins the company’s Risk organization reporting directly to Chief Risk Officer Mandy Norton. Tejada will oversee...
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March 05, 2019, 07:20 AM
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Wells Fargo & Company, one of the leading Small Business Administration lenders in the U.S., announced 38-year company veteran Don Fracchia has been named Head of its SBA lending division.In this role, Fracchia will lead more than 400 team members...
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February 15, 2019, 07:25 AM
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Optimism among small business owners jumped significantly in the latest quarterly Wells Fargo/Gallup Small Business Index, with an overall Index score of 129. That is 11 points higher than last quarter’s score of 118 and the highest in the survey’s...
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December 05, 2018, 07:12 AM
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Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company, has announced the following new hires to its Government & Institutional Banking Division: Patrick McCarthy, Moira Baldwin and Ian Spier. Each join...
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November 01, 2018, 07:20 AM
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Wells Fargo & Co. announced 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. These leaves relate to previously...
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October 25, 2018, 07:10 AM
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Wells Fargo & Company announced Lisa Stevens, Regional Banking executive for the Western Region, has decided to leave Wells Fargo after a 29-year career. Stevens will depart in late October.Stevens began her career with Wells Fargo in 1989. She...
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October 02, 2018, 07:15 AM
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Wells Fargo & Company announced 33-year banking veteran Alfred (Al) Kenrick will lead Middle Market Banking (MMB) in Silicon Valley, including three offices in Palo Alto, San Jose and Monterey.Based in Palo Alto, Kenrick now leads a local team of 30...
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September 10, 2018, 07:25 AM
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Wells Fargo Middle Market Banking announced Arnie Adkins has been named regional vice president for its Western Mid-Atlantic commercial lending operations, covering Lynchburg, Southwest Virginia, the Shenandoah Valley, and West Virginia.Based in...
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August 06, 2018, 07:05 AM
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Wells Fargo announced Chief Economist John Silvia will retire as head of the Economics Group at Wells Fargo Securities after 16 years with the company.Silvia, who is based in Charlotte, N.C., will remain with the company through July 31. He has held...
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July 10, 2018, 07:10 AM
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Wells Fargo announced that 26-year banking veteran Marci Davis has been promoted to Central Coast Middle Market Banking regional manager. She succeeds Barbara White Thompson, who became head of the company’s Business Risk Management Group.Davis, a...
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June 27, 2018, 07:15 AM
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Wells Fargo Investment Institute released its 2018 midyear outlook report, “Late Cycle Doesn’t Mean End of Cycle.” The report makes the case that the economic recovery, which coincides with the equity bull market, has more room to run.View the...
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June 19, 2018, 07:30 AM
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Wells Fargo & Company announced the class-action lawsuit settlement concerning improper retail sales practices (Jabbari v. Wells Fargo Bank, N.A.) received final approval in a June 14 order from the U.S. District Court for the Northern District of...
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June 18, 2018, 07:30 AM
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Wells Fargo Middle Market Banking announced it has promoted Abigail (Abby) Matia to lead its commercial lending operations for the Mid-Atlantic Region, including Virginia, Maryland, West Virginia, and the District of Columbia.Taking the reins of a...
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June 05, 2018, 07:25 AM
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Wells Fargo & Company announced Steve Ellis, head of the Innovation Group, will retire after nearly 31 years with the company. In September, Lisa Frazier will become head of the group, which focuses on accelerating Wells Fargo’s delivery of...
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May 23, 2018, 07:17 AM
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Wells Fargo & Company announced Executive Vice President Ed Blakey will retire as head of its Commercial Capital business, part of the company’s Wholesale Banking group. David Marks, who has been with the company for 31 years and is head of Wells...
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May 18, 2018, 07:25 AM
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Wells Fargo & Company announced it has named Amanda “Mandy” Norton as chief risk officer. Norton, a 29-year financial services veteran, most recently served as chief risk officer of consumer and community banking at JPMorgan Chase.Norton will join...
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May 08, 2018, 07:25 AM
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Wells Fargo & Company announced it will provide $200 billion in financing to sustainable businesses and projects by 2030, with more than 50 percent focused on clean technology and renewable energy transactions that directly support the transition to...
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April 23, 2018, 07:00 AM
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Wells Fargo & Company announced its Middle Market Banking division led a syndicated credit facility to support Foley Inc.’s acquisition of Giles & Ransome Inc. Specific terms were not disclosed.
Foley, a regional Caterpillar dealer, acquired...
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April 20, 2018, 07:25 AM
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Wells Fargo & Company announced that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. The Board has elected Tim Sloan, the...
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October 13, 2016, 07:15 AM
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sPower, a leading renewable energy provider, announced today the completion of a tax equity investment and syndicated construction and term loan facility totaling $786 million. KeyBanc Capital Markets Inc. acted as Coordinating Lead Arranger for the...
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October 07, 2016, 06:53 AM
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Wells Fargo & Company (WFC) reported $5.5 billion in net income for a return on assets (ROA) of 1.21%, down 2% on a linked-quarter basis and down 6% from a year ago, according to Fitch Ratings. Earnings were impacted by an expected energy-related...
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April 15, 2016, 07:38 AM
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The Securities and Exchange Commission charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance startup video game company 38 Studios. The Rhode Island Economic...
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March 08, 2016, 08:00 AM
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Wells Fargo & Company (NYSE: WFC) approved more SBA 7(a) loans and dollars for America’s small businesses than any other lender in federal fiscal year 2015 (October 2014 – September 2015), according to recently released U.S. Small Business...
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October 13, 2015, 07:07 AM
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According to an exclusive Reuters report, GE is in advanced talks to sell a specialty finance portfolio, worth more than $30 billion, to Wells Fargo & Co, according to a person familiar with the matter.According to the Reuters report, Wells Fargo has...
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October 12, 2015, 07:15 AM
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Wells Fargo & Company (NYSE: WFC) announced that its railcar finance, leasing and fleet management business, First Union Rail, has signed an agreement to purchase GE Railcar Services from GE Capital. The transaction, which will add to the existing...
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October 01, 2015, 07:21 AM
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Bloomberg reported Wells Fargo has emerged as the front-runner to buy GE's railcar-financing unit, people with knowledge of the matter said.According to the Bloomberg report, an agreement to buy the business, with more than $4 billion in assets...
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August 28, 2015, 07:08 AM
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GE announced its GE Capital Real Estate business has now completed transactions totaling $9.5 billion with Blackstone, Wells Fargo, Shinsei Bank Limited and other buyers for portfolios in Canada, Japan, Germany, U.K. and the U.S. As announced on...
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June 18, 2015, 07:06 AM
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In a recent national survey, only 33 percent of business owners said they have a formal business plan, yet those with a plan also have significantly higher expectations for the year ahead than those without. These results were among survey findings...
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April 30, 2015, 07:16 AM
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Wells Fargo & Company announced that Guy Fuchs has been appointed president and chief operating officer of Wells Fargo Capital Finance, the bank’s asset-based lending unit, effective immediately. Fuchs, a 14-year veteran of the firm, will continue to...
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April 15, 2015, 08:00 AM
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Small business optimism continues to improve, and business owners are feeling more positive about the year ahead, according to the latest Wells Fargo/Gallup Small Business Index.Overall, optimism among small business owners has reached the highest...
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May 29, 2014, 07:00 AM
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Wells Fargo Capital Finance announced that their Supply Chain Finance group, has established a channel financing program for solution providers in the AT&T Partner ExchangeSM reseller program. The innovative program helps solution providers create...
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February 27, 2014, 06:05 AM
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Industry executives expect higher levels of non-residential construction, equipment purchases and rentals in 2014 Construction contractors and equipment distributors are optimistic that local non-residential construction activity will improve in 2014...
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February 26, 2014, 07:05 AM
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Small business owners are the most optimistic they have been in five years, according to the latest Wells Fargo/Gallup Small Business Index, and expect their businesses to increase cash flow and hire more employees in 2014.
In a small business...
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February 07, 2014, 07:02 AM
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The Wells Fargo/Gallup Small Business Index remained mostly unchanged over the past several months, and is currently at a positive 24 (+24), compared with the third quarter Index score of positive 25 (+25). While it’s the second highest score in the...
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November 26, 2013, 06:58 AM
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Wells Fargo reported record net income of $5.6 billion for third quarter 2013, up from $4.9 billion for third quarter 2012, and up from $5.5 billion for second quarter 2013. For the first nine months of 2013, net income was a record $16.3 billion...
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October 14, 2013, 07:04 AM
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The Third Quarter 2013 Construction Executive Survey from Wells Fargo Equipment Finance confirms that the construction industry continues on an upward path. According to the survey, 57.7% of the executives surveyed said activity was “somewhat higher”...
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October 07, 2013, 07:00 AM
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Small business optimism is the highest it has been since third quarter 2008, according to the latest Wells Fargo/Gallup Small Business Index conducted July 22-26. The Wells Fargo/Gallup Small Business Index improved 9 points since second quarter and...
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August 21, 2013, 07:03 AM
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AloStar Business Credit has announced the launch of its Lender Finance Division, and named Wells Fargo and GE Commercial Finance veteran Luke Graham managing director. Graham will spearhead a team of AloStar professionals – John David Gettmann...
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July 18, 2013, 07:10 AM
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Wells Fargo has named Karen Hardy to the new post of Central Region head for the company’s National Food & Agribusiness Division. Based in Denver, she will lead growth of Wells Fargo relationships with farmers, ranchers, producers, and processors...
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July 18, 2013, 06:42 AM
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To better meet the global needs of its clients, Wells Fargo Capital Finance, part of Wells Fargo & Company, has formed a Commercial Services Division to provide factoring and accounts receivable financing products and services for U.S. and...
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June 26, 2013, 07:06 AM
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Wells Fargo & Company announced it provided $6.4 billion in loans and investments in 2012 to businesses and projects with a direct positive impact on the environment. This marks the company’s first environmental financing update since announcing last...
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June 11, 2013, 07:00 AM
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Wells Fargo has named Neal Crapo to the new post of Eastern Region head for the company's recently formed National Food & Agribusiness Division. He will lead the division's expansion in the East, and its headquarters will be based in Charlotte. Most...
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June 10, 2013, 06:59 AM
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Wells Fargo Government and Institutional Banking (GIB) has named Keith Grundy as regional manager and senior vice president of Healthcare Financial Services (HFS) team in the Western U.S. Based in San Francisco, Grundy leads a team of 13 healthcare...
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May 20, 2013, 07:09 AM
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Wells Fargo & Company said it is hiring more bankers to serve small businesses through its banking stores and has introduced two new secured credit products for business owners. To support the growth and success of U.S. small businesses, Wells Fargo...
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May 09, 2013, 07:00 AM
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North Mill Equipment Finance LLC (“North Mill EF”) announced that it has entered into a $50 million senior loan facility with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC). The new loan facility will enable North Mill EF to...
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May 01, 2013, 07:15 AM
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According to the Wells Fargo Equipment Finance Q1 2013 Trucking Quarterly, the headwinds faced by the transportation industry in 2012 will continue in 2013.Jon Eide, National Sales Manager, of Wells Fargo Equipment Finance Commercial Vehicle Group...
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March 20, 2013, 02:29 PM
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Construction contractors and equipment distributors are optimistic that local non-residential construction activity will improve in 2013, according to a survey by Wells Fargo Equipment Finance.As part of its 2013 Construction Industry Forecast, Wells...
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March 07, 2013, 07:20 AM
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Avolon, the international aircraft leasing business, announced its intention to partner with Wells Fargo & Company (“Wells Fargo”), to form a new joint-venture aircraft leasing business called Avolon Capital Partners Limited ("ACP" or the "Business")...
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January 17, 2013, 07:00 AM
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According to the Wells Fargo Equipment Finance Q4 2012 Trucking Quarterly, growth in the trucking industry is expected to remain at a sub-par pace over the next two quarters as the fiscal cliff negotiations heat up. According to the report, Sam...
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December 13, 2012, 07:48 AM
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Wells Fargo & Company reported record net income of $4.9 billion for third quarter 2012, up from $4.1 billion for third quarter 2011, and up from $4.6 billion for second quarter 2012. For the first nine months of 2012, net income was $13.8 billion...
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October 15, 2012, 07:36 AM
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New York Business Journal reported that Goldman Sachs helped Capital Access Network Inc. close on a $1 billion round of financing that will target small businesses. According to the report, New York City-based Capital Access said the investment bank...
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September 28, 2012, 06:32 AM
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The Q3 survey of construction executives conducted by Wells Fargo Equipment Finance reveals a sentiment that construction activity has been rising compared to a year ago. However, about 61% said they felt that the downturn in the construction...
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September 26, 2012, 07:45 AM
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According to the Wells Fargo Equipment Finance Trucking Quarterly Report for Q3 2012, improved performance in new home construction should help support growth in the transportation industry during the second half of the year. The report states that...
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September 19, 2012, 07:34 AM
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Bloomberg reported M&T Bank’s $3.7 billion takeover of Hudson City Bancorp, the largest bank deal announced this year, solidifies the Buffalo, New York-based lender’s status as a hunter instead of the hunted. With Hudson City, M&T probably will rank...
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August 28, 2012, 07:30 AM
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The Wells Fargo/Gallup Small Business Index declined six points to positive 17 in a survey conducted July 9 – July 13, 2012. This decline virtually erases gains experienced earlier this year and brings to light the lingering concerns business owners...
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August 07, 2012, 07:18 AM
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According to a study from Wells Fargo Securities’ Economics Group, the U.S. economy will continue growing in 2012, but growth will slow more than originally expected. The report expects the U.S. economy growth rate to remain at 1.7% for the balance...
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July 12, 2012, 07:42 AM
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Tioga Energy, a leading provider of renewable energy services to commercial, government and non-profit organizations, today announced it has closed construction and long-term financing with Wells Fargo & Company and De Lage Landen for the first...
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July 09, 2012, 07:52 AM
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According to the Wells Fargo Equipment Finance Trucking Quarterly Q2 2012 report, truck orders have been weak so far this year reflecting the sluggish environment. Citing rising fuel costs, higher truck prices, election and policy uncertainty and the...
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June 08, 2012, 07:45 AM
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According to Wells Fargo Equipment Finance’s Construction Quarterly for Q2 2012, overall construction spending achieved a 7% gain compared to a year ago in spite of decreases in public infrastructure spending. Unseasonably warm weather and low...
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May 30, 2012, 08:00 AM
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Orion First Financial, LLC announced today that Jeff C. Wenrich, formerly Vice President - Territory Manager of Wells Fargo Equipment Finance, has joined Orion First Financial as Vice President of Sales and Business Development.
“Orion’s growth...
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May 23, 2012, 07:00 AM
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Wells Fargo approved more than $548 million in SBA 7(a) loans nationwide in the first-half of federal fiscal year 2012 (Oct. 1, 2011, through March 31, 2012), and continues to provide more SBA loan dollars to America’s small businesses than any other...
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May 18, 2012, 06:30 AM
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Small business owners are finding it less difficult to obtain credit, according to the latest Wells Fargo/Gallup Small Business Index survey (conducted April 2-6, 2012). Since the last survey in January, the number of small business owners who found...
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May 01, 2012, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for March was $6.8 billion, up 10%...
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April 24, 2012, 08:20 AM
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Rapid Financial Services, LLC (dba RapidAdvance), one of the nation's leading providers of short term financing to small businesses, today announced that it has closed a new financing facility, supporting its ability to serve the increased demand for...
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April 02, 2012, 02:00 PM
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Wells Fargo & Company announced a record $2.8 billion in loan commitments and tax equity financing in 2011 to businesses and projects with a direct positive impact on the environment. That brings Wells Fargo’s total environmental financing and...
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March 21, 2012, 07:45 AM
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The Q1 2012 Construction Quarterly published by Wells Fargo Equipment Finance, notes that despite chronically high unemployment and depressed public spending, total construction spending appears to have bottomed and construction executives are...
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February 23, 2012, 08:00 AM
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Castle Pines Capital now to be marketed as Channel Finance division of Wells Fargo Capital Finance.Wells Fargo Capital Finance, part of Wells Fargo & Company today launched its Channel Finance Division, which will provide innovative, worldwide...
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February 22, 2012, 08:00 AM
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Bloomberg reported that Bank of America Corp., JPMorgan Chase & Co., Wells Fargo, Citigroup and Ally Financial (GMAC) reached a $25 billion settlement with 49 states and the federal government related to abusive foreclosure practices in the wake of...
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February 10, 2012, 07:30 AM
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