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Wells Fargo News

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

4 hrs ago | 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

6 hrs ago | 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

Housing Wire

Revolving door starts turning as WFC hires two former CFPB execs

Wells Fargo has already run aground on the sandbar that is regulation and its mortgage banking activity has fallen off a cliff , which is why the banking giant is recruiting executives from the Consumer Financial Protection Bureau .

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

Seeking Alpha

Bank Earnings: Goldman Sachs Vs. Morgan Stanley

The interesting thing to me in the earnings reports of these two major firms is the stress each management gave to different financial measures.

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

Thu Apr 17, 2014

Investopedia

Ginnie Mae To Big Banks: Show Us Your Mortgages. But Can They?

Because Bank of America is missing so many documents, Ginnie Mae put a planned sale of mortgage servicing rights on hold.

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Related Topix: Financial Services, Ginnie Mae, Home, Mortgage, Personal Finance, Banking, JP Morgan Chase , Jefferson Pilot Corporation, Insurance

Housing Wire

Ocwen's Erbey: Lawsky hold has frozen all MSR deals

During the conference call for Home Loan Servicing Solutions first-quarter earnings, HLSS Chairman William Erbey said the New York Department of Financial Services' indefinite hold on the $2.7 billion MSR deal between Ocwen Financial and Wells Fargo has put a freeze on all MSR deals in the market.

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

The Motley Fool

The Bank That Does Just About Everything Right

Reading beyond the headlines, management described a banking institution with a business model and strategies that have the potential to make investors happy for a long time.

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Related Topix: Home, Mortgage, Personal Finance, Marketing, Banking, Financial Services, Warren Buffett

The Miami Herald

Wells Fargo names new regional president for South Florida

Wells Fargo & Co. said Thursday that it has named José "Joe" Atkinson regional president for its South Florida region, which includes the counties of Broward, Miami-Dade, and Monroe.

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

The Motley Fool

The Unexpected Way Wells Fargo & Co Is Beating Citigroup Inc

But what may come as a surprise is one critical area in which Wells Fargo has begun to take the lead.

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Related Topix: Financial Services, Banking, Citigroup

Seeking Alpha

Why Fifth Third Bancorp Is Heading To $25

With share trading at a P/E of 10 and a dividend yield of 2.2%, it's hard to imagine a better bargain out there.

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Related Topix: Financial Services, Fifth Third Bancorp, Banking

Seeking Alpha

Goldman Sachs: Earnings Will Be Lower, But Will Still Crush Wall Street Expectations

The Goldman Sachs Group Inc. is set to report FQ1 2014 earnings before the market opens on Thursday, April 17th.

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

Wed Apr 16, 2014

The Hartford Courant

Citigroup shuns digital webcast for its shareholder meeting

Citigroup Inc , which aspires "to become the world's digital bank", will not webcast its annual meeting next week in St. Louis.

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Related Topix: Banking, Financial Services, Citigroup, Ansonia, CT

AmericanBankingNews.com

Insider Selling: Michael J. Heid Unloads 28,462 Shares of Wells Fargo & Co. Stock

Wells Fargo & Co. EVP Michael J. Heid sold 28,462 shares of the company's stock on the open market in a transaction dated Wednesday, April 16th.

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

AmericanBankingNews.com

Group 1 Automotive Now Covered by Wells Fargo & Co.

The firm set a "market perform" rating on the stock. Shares of Group 1 Automotive traded down 0.24% during mid-day trading on Wednesday, hitting $62.97.

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Related Topix: Startups, Mach One, Institutional Venture Partners, Banking, Financial Services, Auto Dealers, Retail, Group 1 Automotive

AmericanBankingNews.com

Wells Fargo & Co. VP David M. Carroll Sells 71,800 Shares

Wells Fargo & Co. VP David M. Carroll unloaded 71,800 shares of Wells Fargo & Co.

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

GuruFocus.com

Roundtable Contributor Brian Rogers Reports His Top Five Stocks of the First Quarter

Brian Rogers of the T. Rowe Price Equity Income Fund recently released his first quarter portfolio updates which report that he has six new holdings, 11 increases, 12 reductions and four stocks that he sold out of.

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Related Topix: Financial Markets, T Rowe Price Group, Financial Services, Investment Services, Banking

Seeking Alpha

Wells Fargo: Revisiting A 'Triple Threat' Investment

In a previous article, I detailed that WFC had three investing "threats" in its favor: a low dividend payout ratio, earnings growth and a diminished P/E ratio.

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Related Topix: Financial Services, Banking

Business Wire

Wells Fargo Names Pennsylvania Banking Veterans to New Commercial Banking Advisory Board

1 middle market commercial lender in the region, Wells Fargo announced today the formation of an Executive Advisory Board for its Commercial Banking operations in Pennsylvania.

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Related Topix: Banking, Financial Services, Pennsylvania, Philadelphia, PA, Penn State University Park

The Washington Post

U.S. Bancorp Profit Matches Estimates as Revenue Declines

U.S. Bancorp, the nation's biggest regional lender, posted a first-quarter profit that matched analysts' estimates as mortgage-banking revenue declined.

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Related Topix: US Bancorp, Banking, Financial Services, Multistat, Home, Mortgage, Personal Finance, Business News

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