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Wells Fargo News

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

14 hrs ago | 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

16 hrs ago | 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

16 hrs ago | 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

19 hrs ago | 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

Yesterday | 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Fitch Ratings has affirmed ECM Asset Management Limited's Asset Manager Rating at 'High Standards' and simultaneously withdrawn the rating.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

Seeking Alpha

Weak Core Results At BB&T Driven By Expenses

Net interest margin was fine and credit quality remains good, but loan growth seemed a little soft compared to other peers, particularly in the Southeast.

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Related Topix: Pnc Financial Services GroupThe, Banking, Financial Services, Fifth Third Bancorp, Home, Mortgage, Personal Finance, US Bancorp

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Bukowski has more than 25 years of sales and marketing expe... )--Fitch Ratings assigns an 'AA+' rating to the following general obligation bonds of the State of Alabama: --$186.505MM GO Refunding Bonds series 2014-A.

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Related Topix: Compania de Telecomunicaciones de Chile SA, Telecom, Marketing, Financial Markets, Startups, Wells Fargo Home Mortgage, Institutional Venture Partners, Banking, Financial Services

TheStreet.com

Why TheStreet Says Wells Fargo (WFC) Is A 'Buy'

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

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

InvestmentNews

HighTower nabs top FiNet recruiter

HighTower Advisors, a hybrid broker-dealer and investment adviser, has snapped up a top recruiter from Wells Fargo & Co.

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Related Topix: HighTower Advisors, Banking, Financial Services

M2.com

BofA leads Compressco Partners common units offering

Compressco said it has commenced an underwritten public offering of 15.28m common units representing limited partner interests in the partnership.

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Related Topix: Barclays plc, Banking, Financial Services, JP Morgan Chase

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