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Wells Fargo News

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

2 hrs ago | SFGate

Wells Fargo Bank settles with tellers over sex-harassment claims

File - JULY 11: Wells Fargo reported profits rose 4% from the same period last year, however the results were slightly lower than expected and the stock was down on early trading. - OAKLAND, CA - JULY 19: A sign is posted in front of a Wells Fargo Bank branch on July 19, 2011 in Oakland, California.

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Related Topix: Banking, Financial Services, Oakland, CA, San Francisco County, CA, San Francisco, CA

5 hrs ago | On Wall Street

Advisors on the Move: Morgan Stanley Grabs Billion-Dollar Mega Team

Top Planning Concerns for UHNW Clients Working with UHNW clients requires more than solid investment management and estate planning, according to advisor Paul Pagnato, founder of the Pagnato-Karp Group. Here are some of the other critical planning areas that advisors need to pay attention to.

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Related Topix: Stanley, Estate Planning, Personal Finance, Retirement, Focus, Northfield, NJ, Banking, Financial Services

10 hrs ago | Seeking Alpha

Ellington Financial Enters A New Business Segment

Ellington Financial has always been a hard stock to define. The company is an LLC with "mREIT-like" characteristics, investing mostly in agency and non-agency MBS.

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

15 hrs ago | Reuters

Wells Fargo finds mortgage myths hamper home purchases

Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co ( Nearly two-thirds of respondents thought that a very good credit score was necessary to buy a home, and more than 40 percent thought they needed a down payment equal to at least 20 percent of the purchase price to buy a home. Under government-backed programs, first-time home buyers with subprime credit scores can get a mortgage insured by the Federal Housing Administration, and they can put down as little as 3.5 percent of the purchase price.

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

15 hrs ago | Business Wire

Wells Fargo Survey Reveals Consumer Views on Homebuying

"Although the homebuying process has changed in many ways in recent years, our survey found Americans still view homeownership as an achievement to be proud of and many believe that now is a good time to buy a home," said Franklin Codel, head of Wells Fargo Home Mortgage Production. "Our survey also suggests we have an opportunity as lenders, nonprofit agencies and real estate agents to better inform Americans about credit ratings, mortgage costs and housing affordability.

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Related Topix: Banking, Financial Services, Home Buying, Home, Mortgage, Personal Finance, Wells Fargo Home Mortgage, Real Estate

18 hrs ago | Seeking Alpha

Seadrill Dividend Prospects

Seadrill, Ltd. is an investor favorite in part because of its dividend, nearly 13% at the time of writing. SDRL is a provider of offshore drilling rigs for the oil industry, contracting out the rigs to oil producers and refiners like Total S.A. and Exxon Mobil Corp. .

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Related Topix: Total Sa, Oil & Gas, Exxon Mobil, Energy, Startups, Mach One, Institutional Venture Partners, Banking, Financial Services

Sun Sep 14, 2014

Seeking Alpha

Comparing The Marginal Cost Of Funds For Berkshire Hathaway, Wells Fargo And Bank Of America

On September 8, we reported that Wells Fargo had a marginal cost of funding advantage of more than 0.30% over Bank of America. With tongue partly in cheek, both banks could reduce their marginal funding costs by giving up the implicit TBTF USA guarantee for an explicit Berkshire Hathaway guarantee.

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Related Topix: Construction, Berkshire Hathaway, Investment Services, Business Wire, Berkshire Hathaway , Startups, Insurance, Empire Group, Banking, Bank of America, Financial Services

Fri Sep 12, 2014

Business Journal

Wells Fargo looks to turn off running faucet of unused space

Large corporations such as Bank of America Corp. and Wells Fargo & Co. are working to reduce the size of their real estate portfolios and do a better job of making use of the space they have, according to a panel of real estate executives who spoke at a CoreNet Global event yesterday at Carmel Country Club.

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Related Topix: Financial Services, Banking, Bank of America

Business Wire

Fitch Affirms Wells Fargo Bank, N.A.'s U.S. RMBS Master Servicer Rating

The rating affirmation is based on the master servicer's strong and effective senior management team, enhanced servicer reporting and remittance procedures, and its effective servicer transfer processes. The rating action also reflects the master servicer's well-developed contingency planning and its evidenced success in managing transferred portfolios from defaulted primary servicers.

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

AmericanBankingNews.com

The Advisory Board Company Upgraded by Wells Fargo & Co. to "Outperform"

A number of other firms have also recently commented on ABCO. Analysts at FBR Capital Markets initiated coverage on shares of The Advisory Board Company in a research note on Thursday, August 14th.

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Related Topix: Startups, Mach One, Institutional Venture Partners, Banking, Financial Services, Construction, American Buildings, The Advisory Board Company, Raymond Ltd, Apparel

Thu Sep 11, 2014

Customer Interaction Solutions

BUYINS.NET: Market Maker Surveillance Report. PFE, BAC, GE, RAD, WFC, ...

BUYINS.NET: Market Maker Surveillance Report. PFE, BAC, GE, RAD, WFC, CSCO, Bullishly Biased Price Friction For Wednesday, September 10th 2014 BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday.

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Related Topix: Pfizer, Biotech, Medicine, Healthcare Industry, Banking, Bank of America, Financial Services, Retail, Rite Aid, Startups, Cisco Systems, 9

KRON 4

Funeral Service Held for Teen Killed in Mission District Stabbing

A funeral service was held this morning in remembrance of 14-year-old Rashawn Williams, who was fatally stabbed in San Francisco's Mission District last week. The funeral was held at San Francisco's Cathedral of St. Mary of the Assumption at 1111 Gough St. at 9 a.m., according to family members.

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Related Topix: The Mission (San Francisco, CA), Banking, Financial Services, San Francisco County, CA, San Francisco, CA

Clare County Review

No 401(k)? No problem.

Retirement plans are not limited to the popular 401 . In fact, there are many retirement options, even for small businesses.

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Related Topix: Personal Finance, Retirement, Small Business, IRA, Pension, Banking, Financial Services, Opinion

KTVU Oakland

Hundreds say good-bye to slain San Francisco teen

A funeral service was held Thursday morning in remembrance of 14-year-old Rashawn Williams, who was fatally stabbed in San Francisco's Mission District last week. The funeral was held at San Francisco's Cathedral of St. Mary of the Assumption at 1111 Gough St. at 9 a.m., according to family members.

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Related Topix: The Mission (San Francisco, CA), San Francisco County, CA, San Francisco, CA, Banking, Financial Services

Business Journal

Wells Fargo executive sells $2.5 million worth of stock: insider trading for Sept. 2-8

The following purchases or sales of stock or exercises of options in St. Louis-based companies or in companies with local subsidiaries have been reported to the Securities and Exchange Commission by officers, directors and owners of more than 10 percent of the company's stock. First Clover Leaf Financial Corp. - Gerard Schuetzenhofer , director, purchased 1,000 shares on September 8 at $9.25 per share and now holds 112,286 shares.

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Related Topix: Banking, Financial Services, Retail, Brown Shoe Company, Apparel, Footwear

AmericanBankingNews.com

Apollo Global Management Given Hold Rating at Deutsche Bank

's stock had its "hold" rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Thursday. They currently have a $23.00 target price on the stock, down from their previous target price of $25.00.

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

AmericanBankingNews.com

Sprint's "Equal Weight" Rating Reiterated at Barclays

's stock had its "equal weight" rating reissued by Barclays in a research note issued on Thursday. They currently have a $7.00 price objective on the stock, up from their previous price objective of $6.00.

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

Sys-Con Media

The Zacks Analyst Blog Highlights: Goldman Sachs Group, Citigroup,...

Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Goldman Sachs Group, Inc. , Citigroup Inc. , Bank of America Corp. , Wells Adding to the already intense regulations in the banking sector, the Federal Reserve intends to impose new stricter norms on the U.S. banking giants.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Banking, Citigroup, Financial Markets, CitiMortgage, Bank of America

Barron's

Intel: Street Parses the - Tone' on PCs and Mobile at IDF

Shares of Intel today closed up 11 cents at $35.02 following a day of keynotes yesterday to open the company's annual Intel Developer Forum at San Francisco's Moscone Center. Most of those on the sell-side who made the trek wrote in notes to clients of a derth of news, and instead tried to parse what they felt was the "tone" of management in keynotes by CEO Brian Krzanich and others.

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

Wed Sep 10, 2014

Hispanic Business

Toyota Financial Services, ChildFund International and Theorem...

Finalists were selected based on their innovative solutions that helped their treasury and finance operations run more efficiently and effectively. The AFP Pinnacle Grand Prize winner will be named , AFP President & CEO, will host the award ceremony.

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

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