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Wells Fargo News

News on Wells Fargo (Ticker: WFC) continually updated from thousands of sources around the net.

1 hr ago | The Newberg Graphic

Lollipop gesture makes Forbes.com blog - Wednesday, 23 April 2014 01:00

One weekday last fall, Joe Strother was working the drive-through window at Wells Fargo Bank in Forest Grove when a woman and her 4-year-old daughter came rolling through in the outside lane.

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Related Topix: Forest Grove, OR, Washington County, OR, Gaston, OR, Startups, Facebook, Mark Zuckerberg, Banking, Financial Services

2 hrs ago | Business Wire

Jonathan G. Weiss Named New Head of Wells Fargo Securities

Weiss, who is based in New York, will replace John Shrewsberry, who was recently named the company's next Chief Financial Officer.

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Related Topix: Banking, Financial Services, Startups, Mach One, Wells Fargo Home Mortgage, Institutional Venture Partners, Norwest Venture Partners, JP Morgan Chase

4 hrs ago | Seeking Alpha

Sterling Strengthens The Business, But Umpqua Not Exactly Cheap

Umpqua has completed the acquisition of Sterling, a virtual merger of equals that adds significant scale in the Pacific Northwest.

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Related Topix: Banking, Umpqua Holdings, Financial Services, US Bancorp, Bank of America, California, Mortgage, Personal Finance

10 hrs ago | The Charlotte Observer

Bank Watch roundup: Merrill makes it tougher to be an elite broker

Before, you had to bring in $4 million from clients to be in the "Circle of Champions."

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Related Topix: Banking, Bank of America, Financial Services, Reuters

Tue Apr 22, 2014

Business Journal

Umpqua reaches out to former Sterling Financial board members

"Ellen, Bob, Webb and Maria have distinguished professional careers, including significant board and management experience that will strengthen and enhance Umpqua's board," said President and CEO Ray Davis in a statement.

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Related Topix: Banking, Financial Services, Sterling Financial

AmericanBankingNews.com

Jarden Corp. Receives Consensus Rating of "Buy" from Brokerages

Shares of Jarden Corp. have earned an average recommendation of "Buy" from the thirteen brokerages that are presently covering the company, Stock Ratings Network reports .

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Related Topix: Jarden, Manufacturing, Industrial Machines, Appliances, Banking, Financial Services

Seeking Alpha

Wells Fargo's Q1 2014: Predictable Ownership

Why I own some and why I am still a buyer at these prices. Read moreA Read the articleA Read moreA Read the articleA It has been 6 years since I first researched Wells Fargo.

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Related Topix: Financial Services, Banking, Warren Buffett

MarketNewsVideo

XLF, XOP: Big ETF Inflows

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Financial Select Sector SPDR Fund , which added 11,150,000 units, or a 1.4% increase week over week.

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Related Topix: Startups, Mach One, Wells Fargo Home Mortgage, Institutional Venture Partners, Banking, Norwest Venture Partners, Financial Services, Berkshire Hathaway , Insurance

Business Journal

Wells Fargo executive sees positive side of Target security breach

Maybe the Target Corp. security breach that compromised tens of millions of credit card numbers and other customer data will bring about some positive changes.

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Related Topix: Financial Services, Retail, Target, Banking

Seeking Alpha

Why Regions Financial Is Heading To $15

Despite recent concerns about a prolonged weak interest rate environment and margin compression, Regions has always been a standout performer, especially in terms of loan growth.

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Related Topix: Home, Mortgage, Personal Finance, Birmingham, AL, Banking, Financial Services

Investopedia

Why I Will NEVER Buy Another Bank Stock

My grandmother, a schoolteacher, was widowed at a relatively early age. She inherited a relatively small nest egg my grandfather, a rabbi, had built that included a couple of municipal bonds and 90 shares of stock in a small local bank started by a handful of his #-ad_banner-#At the time of her death 40 years later, the bank had grown into one of ... (more)

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Related Topix: Banking, Financial Markets, Bank of America, Financial Services, Home, Mortgage, Personal Finance

Mon Apr 21, 2014

Housing Wire

WFC can't keep alleged bogus foreclosure manual out of court

A New York judge ruled that Wells Fargo can't keep its Home Mortgage Foreclosure Attorney Procedure Manual out of a lawsuit in federal court.

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Related Topix: Banking, Financial Services, Foreclosures, Home, Mortgage, Personal Finance, Country

Minyanville

A Look at the Goldman Sachs Preferred Stock Deal

You will receive a download link right in your email inbox for each of the free reports that you choose.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Banking

Housing Wire

Lawsky demands answers about Ocwen, Altisource and Hubzu

Things are heating up in the conflict between New York's top bank regulator and Ocwen Financial Services , the nonbank that's become a lightning rod for regulatory intervention in the fast-growing nonbank MSR segment.

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Related Topix: Financial Services, Ocwen Financial, Banking, Foreclosures, Home, Mortgage, Personal Finance

The Motley Fool

The Surprising Way Citigroup Inc Topped Bank of America Corp and Wells Fargo & Co

The 1 core number I'm talking about net interest margin. This is the difference between what a bank is able to earn from loans and what it in turn pays out on deposits and other sources of funding .

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Related Topix: Startups, Mach One, Institutional Venture Partners, Banking, Financial Services, Citigroup, Bank of America

Seeking Alpha

Investing In America: Part 1

In this 4-part series, we will review 4 individual stocks that are U.S.-based and overwhelmingly U.S.-centric.

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Related Topix: US Bancorp, Banking, Financial Services, Financial Markets, Multistat, JP Morgan Chase , Bank of America

Sun Apr 20, 2014

Journal Gazette

Lending rate at lowest in 17 years

U.S. mortgage lending is contracting to levels not seen since 1997 as rising interest rates and home prices drive away borrowers.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Housing, JP Morgan Chase

Sat Apr 19, 2014

The Motley Fool

Here's Where Wells Fargo Is Looking for Its Next Big Buy

Even more importantly however was Wells Fargo's ability to leverage its existing deposit base, reaching record cross-sell of its products in its retail banking sector, its wholesale banking sector, and its wealth, brokerage and retirement sector.

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Related Topix: Financial Services, Banking, The Motley Fool

Seeking Alpha

Citigroup: Buy Before It Gets Expensive

JPMorgan Chase & Co and Wells Fargo , Citigroup is the third largest financial institution in the US by assets.

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Related Topix: Banking, Financial Services, CitiMortgage, Citigroup, JP Morgan Chase , Home, Mortgage, Personal Finance

Fri Apr 18, 2014

Fort Mill Times

Wells Fargo cuts 37 mortgage jobs in Fort Mill

The layoffs are among 323 cuts nationwide the lender announced Wednesday, as it continues to reduce headcount amid declines in loan delinquencies and shrinking demand from borrowers to refinance home loans.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Fort Mill, SC

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