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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 | Bloomberg

Wall Street's Lowest S&P 500 Forecast Not Going Anywhere

No one expects a meteorologist to accurately forecast the weather on New Year's Eve a full 12 months in advance, yet Wall Street has no problem making such demands of its big-name market strategists.

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Related Topix: Banking, Financial Services, Financial Markets

5 hrs ago | Information Technology

Fitch: US Student Loan Sales May Raise ABS Servicer Risk

Wells Fargo & Company transferred its entire $9.7 billion FFELP loan portfolio to held-for-sale during the second quarter.

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

5 hrs ago | Seeking Alpha

Wells Fargo: Still A Buy After Doubling?

Wells Fargo shares have been a slow and steady winner for investors for the past couple of years, doubling since the end of 2012.

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Related Topix: Banking, Financial Services, Financial Markets

9 hrs ago | Forbes.com

One Put, One Call Option To Know About for Wells Fargo

Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Wells Fargo & Co.

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Related Topix: Startups, Financial Services, Banking, Mach One, Institutional Venture Partners, Financial Markets

Sun Jul 27, 2014

The Motley Fool

Warren Buffett's Biggest Mistake Changed His Life

As veteran Berkshire watchers know very well, there's no big secret to this dynamic duo's success.

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Related Topix: Warren Buffett, Banking, Financial Services

Fri Jul 25, 2014

Business Journal

Mechanics Bank teams up with RPM mortgage to retool home-loan offering

Mechanics Bank President and CEO Christa Steele is making her mark on the $3 billion community bank.

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

Business Wire

Wells Fargo Advantage Closed-End Funds Declare Monthly Dividends

The Wells Fargo Advantage Income Opportunities Fund is a closed-end high-yield bond fund.

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Related Topix: Banking, Financial Services

National Mortgage News

Big Banks' Mortgage Volume Soars, But Profits May Still Be Grounded

Eight Reasons the Housing Recovery's Been So Slow From tight credit conditions to empty nesters, here is a litany of problems weighing on the housing market, as summarized in the minutes of last month's Federal Reserve policy meeting.

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

Reuters

Ex-Bank of America trader avoids prison in muni bond case

A former Bank of America Corp derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7 trillion municipal bond market.

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Related Topix: Banking, Bank of America, Financial Services, Securities and Exchange Commission, Corporate / Securities Law, Law, US Securities and Exchange Commission, Home, Mortgage, Personal Finance

Sys-Con Media

McGovern Smith Paper Examines How Third-Party Risk Management is Broken

McGovern Smith Advisors, LLC announces the release of a new thought leadership paper, "3rd Party Risk Management is Broken - Critical Vendors Should be Exam-Ready," written by partner Paul Reymann.

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Related Topix: Science / Technology, CPU, Financial Services, Banking

Thu Jul 24, 2014

Reuters

Fitch Affirms & Withdraws ECM Asset Management Limited's...

PARIS/LONDON, July 24 Fitch Ratings has affirmed ECM Asset Management Limited's Asset Manager Rating at 'High Standards' and simultaneously withdrawn the rating.

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

AmericanBankingNews.com

IMS Health Holdings Price Target Raised to $31.00 at Mizuho

The firm currently has a "buy" rating on the stock. Mizuho's price target suggests a potential upside of 15.24% from the stock's previous close.

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Related Topix: Financial Services, Startups, Mach One, Institutional Venture Partners, Banking

Business Journal

Wells Fargo makes $27M construction loan to pave way for Trader Joe's

Wells Fargo Bank provided a $27.2 million construction loan to renovate a Fort Lauderdale shopping center to accommodate Trader Joe's as a tenant.

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Related Topix: Banking, Financial Services, Fort Lauderdale, FL, Home, Mortgage, Personal Finance

Ledger-Enquirer.com

Marcie Geffner: Reasons to use (or not use) home equity

Homeowners who have equity might be tempted to extract some of that wealth and use it for other immediate needs or wants.

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Related Topix: Home, Mortgage, Personal Finance, Walnut Creek, CA, Home Improvement, Banking, Financial Services

Wed Jul 23, 2014

Business Journal

Airbnb might finance retirement, Bank of America's Merrill Lynch tells clients

Airbnb could play a pivotal role in financing boomers' retirement years, predicts Ken Dychtwald, an expert on aging who teamed up with Merrill Lynch on a retirement survey.

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

Reuters

Refile-on the Move-HighTower says hires Hollenbeck, a top Wells Fargo recruiter

HighTower Advisors, the Chicago-based broker-dealer, said on Tuesday it hired Kimberly Hollenbeck, who has been heading recruiting and branch development at Wells Fargo & Co's independent adviser division.

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Related Topix: Financial Services, Banking, HighTower Advisors

Seeking Alpha

Can Wells Fargo Overcome This Regional Peer?

We pitch two companies from the banking sector, Wells Fargo and BB&T, against one another in the latest instalment of our Head-To-Head series.

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Related Topix: Banking, Financial Services, San Francisco County, CA, San Francisco, CA, Financial Markets, Mortgage, Personal Finance

Forbes.com

Daily Dividend Report: AAPL, WFC, AXP, PX, NBL, COG, SPG, SWK

Apple's board of directors has declared a cash dividend of $.47 per share of the Company's common stock.

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Related Topix: Banking, Financial Services, Travelers Express Company, Noble Energy, Energy, Oil & Gas, Financial Markets

Seeking Alpha

Why Index-Beating Funds Loaded Up On Banks

More than five years into the recovery and all is clearly not forgiven between the major U.S. banks and investors.

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Related Topix: Banking, Bank of America, Financial Services, CitiMortgage, Citigroup, JP Morgan Chase , Home, Mortgage

Tue Jul 22, 2014

Housing Wire

Freedom Mortgage originations grow despite industry pullback

Mount Laurel, New Jersey-based Freedom Mortgage , a full-service mortgage lender licensed in all 50 states, funded more than $2 billion in residential mortgages in June 2014, while many of the industry's larger financial firms' originations contract.

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Related Topix: Home, Mortgage, Personal Finance, Mount Laurel, NJ, Banking, Financial Services

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