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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 | Business Journal

Wells Fargo nabs Bay State adviser in national money-manager hunt

Wells Fargo & Co. is on a national hunt to poach top investment advisers from rival firms, and one of its latest recruits is a top money manager based on Cape Cod.

Comment?

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

Tue Jun 18, 2013

Star Tribune

Wells Fargo securities lending case goes to trial

The bank says its practices were reasonable and conservative, but investors who lost big in a securities lending program disagree.

Comment?

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

Business Journal

Business lending: Either you're hot, or you're not

First National Bank of Northern California CEO Tom McGraw has said business lending, at least for some, is a "borrower's market."

Comment?

Related Topix: Financial Services, Banking

Alabama Live

Wells Fargo invites 1,800 mortgage-delinquent Birmingham customers to workshop at BJCC

Wells Fargo & Co. , the biggest home mortgage lender in the Birmingham market, has invited 1,800 of its customers who are delinquent on their home loans to a debt workshop Thursday at the Birmingham-Jefferson Convention Complex.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Birmingham, AL, Banking, Financial Services, Startups, Mach One, Institutional Venture Partners

Business Journal

Lane Construction buys building, will relocate staff

The Lane Construction Corp., a heavy civil contractor based in Connecticut, has purchased an approximately 23,000-square-foot office building on Tyvola Centre Drive from Wells Fargo & Co.

Comment?

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

BayStreet.ca

BAC,C, JPM and WFC added to Financial NYSE Gainers Watch List at EPR

New York, NY - Equity Profile Report initiates a Financial NYSE Gainers Watch List adding Bank of America Corporation , Citigroup, Inc. , JPMorgan Chase & Co.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Citigroup, JP Morgan Chase , Startups, Wells Fargo Home Mortgage, Institutional Venture Partners

Mon Jun 17, 2013

Seeking Alpha

First Horizon: A Better Bank For Rising Rates Than Wells Fargo

As the Fed gets ready to hold its June meeting, all stock investors are carefully weighing what the outcome will be and how it will affect their portfolio.

Comment?

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

Business Journal

Banks resist tougher rules for small loans

Wells Fargo & Co. and Regions Financial Corp. are among large banks that are pushing against proposals from regulators that would set new restrictions on short-term, high-interest consumer loans, according to a recent article in The Wall Street Journal .

Comment?

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

Bloomberg

Racial Bias in Lending, Housing Gets Review

The U.S. Supreme Court will decide whether people who file housing discrimination suits must show they were victims of intentional bias, accepting a case that may undercut the Obama administration's crackdown on the lending industry.

Comment?

Related Topix: US News, US Supreme Court, Mount Holly, NJ, Banking, Financial Services, Suntrust Banks

The Business Journal

People: Week of June 17, 2013

Tina Laviolette joined Mechanics Bank's new Napa office as financial services manager.

Comment?

Related Topix: Napa, CA, Pinole, CA, Wachovia Corporation, Banking, Financial Services, Corte Madera, CA

Sun Jun 16, 2013

The Washington Post

Wells Fargo to Begin Second Minnesota Securities-Lending Trial

Wells Fargo & Co. faces a second Minnesota trial over claims by institutional investors that the bank marketed a risky securities-lending program as safe and cost them millions of dollars in losses.

Comment?

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

Seeking Alpha

The Safety Valve Of Dividend Growth Investing

In the past five or so years, there have been five prominent dividend growth companies that experienced dividend cuts which realistically could have been a part of a conservative dividend growth investor's portfolio.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Warren Buffett, Financial Markets

Fri Jun 14, 2013

GuruFocus.com

Searching For Bargains From Warren Buffett's Portfolio Using Peter Lynch Chart

If you are looking for safe stocks that are relatively undervalued, the best place to start is Warren Buffett's portfolio .

Comment?

Related Topix: Warren Buffett, Financial Markets, Banking, Financial Services, Travelers Express Company, Retail, Wal Mart Stores

Barron's

NYCB

Moderating earnings growth means Wells Fargo stock will probably tread water in the months ahead, but Signature Bank's loan portfolio strength should help boost its shares, according to two analyst reports out today.

Comment?

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

Reuters

on the Move-Wells hires advisers from Morgan Stanley, Merrill, RBC

Wells Fargo & Co said on Friday it hired veteran advisers in six states from rival firms Morgan Stanley Wealth Management, Merrill Lynch and RBC Wealth Management to join its U.S. brokerage force.

Comment?

Related Topix: RBC Financial Group, Banking, Financial Services, Startups, Mach One, Institutional Venture Partners, Wichita Falls, TX

SchaeffersResearch.com

Analyst Downgrades: Wells Fargo & Co, Transocean LTD, and CarMax, Inc

The brokerage firm noted that the company's "earnings growth is clearly moderating into '14 ... exacerbated by the stubbornly low rate environment and normalizing mortgage banking revenues."

Comment?

Related Topix: Auto Dealers, Retail, CarMax Group, Transocean, Startups, Mach One, Institutional Venture Partners, Banking, Financial Services, Oil & Gas, Mortgage, Personal Finance

Insider Monkey

JPMorgan Chase & Co. (JPM), U.S. Bancorp (USB): Higher Rates Mean Higher Returns for These Banks

Increased volatility and higher interest rates have caused headaches for many banking companies.

Comment?

Related Topix: US Bancorp, Banking, JP Morgan Chase , Financial Services, Multistat, Stanley

Insider Monkey

Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM) - Housing: A Shift Half a Century in the Making

When World War II ended, policymakers feared the economy would slip back into the Great Depression.

Comment?

Related Topix: Banking, Financial Services, JP Morgan Chase , Startups, Mach One, Institutional Venture Partners, Home, Mortgage, Personal Finance

TheStreet.com

Analysts Disagree on Wells Fargo

Jefferies analyst Ken Usdin on Friday reiterated his "buy" rating for Wells Fargo, while raising his price target for the shares to $44 from $42, writing in a note to clients, "while the operating and regulatory environment is clearly challenging, revenue diversity and credit/expense leverage should allow the company to grow EPS going forward."

Comment?

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

Thu Jun 13, 2013

BayStreet.ca

StockCall Early Morning Insight into BAC, C, WFC, PNC, and TCB

StockCall.com Provides Stock Research on Bank of America Corp., Citigroup Inc., Wells Fargo & Co., PNC Financial Services Group Inc., and TCF Financial Corp. The banking sector in the U.S. is significantly stronger when compared to banks in Europe.

Comment?

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

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