Wells Fargo & Company
News and overview for Wells Fargo & Company
Sonic Automotive Prices Concurrent Offerings of Class A Common Stock and Convertible Senior Notes [Press Release]
PRNewswire | 66 days 11 hours 13 minutes ago
...joint book-running managers for the offerings. Wells Fargo Securities, Moelis & Company and Stephens Inc. are acting as co-managers... Sonic Automotive, Inc., a Fortune 300 company based in Charlotte, N.C., is the nation...
Sonic Automotive Announces Concurrent Offerings of Class A Common Stock and Convertible Senior Notes [Press Release]
PRNewswire | 70 days 4 hours 43 minutes ago
...joint book-running managers for the offerings. Wells Fargo Securities, Moelis & Company and Stephens Inc. are acting as co-managers... Sonic Automotive, Inc., a Fortune 300 company based in Charlotte, N.C., is the nation...
Ethan Allen Expands Revolving Credit Facility and Comments on Business [Press Release]
Business Wire | 30 days 17 hours 15 minutes ago
Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE:ETH) today announced it has amended its existing three year senior secured revolving credit facility, increasing the line to $60 million by adding a $20 million commitment from Wells Fargo Retail Finance, LLC (“Wells Fargo”) who is now part of the company’s bank group.
Ronson Corporation Announces Further Extension of Lender Forbearance Agreement and Suit in Connection With Consumer Products Sale [Press Release]
PRNewswire | 108 days 19 hours 14 minutes ago
...Ronson Corporation (the "Company") announced today that the Company's primary lender, Wells Fargo Bank, National Association...the amount of advances which Wells Fargo will extend under the Company's maximum revolving credit...
Study Relating Corporate Performance With Social Pressure Earns 2009 Moskowitz Prize [Press Release]
MarketWire | 18 days 15 hours ago
COLORADO SPRINGS, CO -- (Marketwire) -- 11/04/09 -- SRI in the Rockies, the largest and longest-running sustainable and responsible investing conference in the world, has announced the winner of the 2009 Moskowitz Prize for academic research.
Deliver the Dream honors Ray Imperial at 'Denim & Diamonds' -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 33 days 56 minutes ago
D eliver the Dream, a South Florida-based nonprofit that organizes retreat programs for Florida and Southeastern families facing serious illness, unveiled details of their sixth annual "Denim & Diamonds" Gala. The Saturday, October 24 event, which encourages guests to pair blue jeans with black tie, begins at 6:30 p.m. at the Hilton Fort Lauderdale Marina and will feature a cocktail reception, dinner, silent and live auctions, two humanitarian awards, and dancing with music ...
Phoenix Footwear Reports Preliminary Third Quarter Results [Press Release]
PRNewswire | 38 days 12 hours 59 minutes ago
CARLSBAD, Calif., Oct. 15 /PRNewswire-FirstCall/ -- Phoenix Footwear Group, Inc.
Catalyst Health Solutions enters into an amended agreement with Wachovia Bank to extend its credit facility
News-Medical.Net | 40 days 8 hours 52 minutes ago
Catalyst Health Solutions, Inc. (NASDAQ:CHSI), a pharmacy benefit management (PBM) company, announced today that it has entered into an amended agreement with Wachovia Bank, N.A., a Wells Fargo Company, to extend and increase its secured revolving credit facility. The new credit facility will mature on October 9, 2012 and has been increased from $50 million to $100 million.
Bank Insurance Revenue Down Slightly In First Six Months
National Underwriter | 26 days 20 hours 4 minutes ago
Insurance revenue at U.S. banks was off by $100 million in the first six months at $23.6 billion compared to $23.7 billion during the first half of 2008, a consulting firm reported.
Wells Fargo agrees to buy back $1.4B in securities
Oregonian (Portland), The | 4 days 13 hours 2 minutes ago
Wells Fargo & Co. today agreed to repay customers about $1.4 billion to settle a lawsuit and regulatory investigations alleging the company improperly marketed risky investments as safe.
Wells Fargo agrees to buy back $1.4 billion in securities
Plain Dealer (Cleveland), The | 4 days 15 hours 29 minutes ago
Wells Fargo & Co. on Wednesday agreed to repay customers about $1.4 billion to settle a lawsuit and regulatory investigations alleging the company improperly marketed risky investments as safe.
Wells Fargo units agree to buy back $1.4B in auction-rate securities to settle Calif. case
Sun (Baltimore), The | 4 days 16 hours 51 minutes ago
Wells Fargo & Co. on Wednesday agreed to repay customers about $1.4 billion to settle a lawsuit and regulatory investigations alleging the company improperly marketed risky investments as safe.
Wells Fargo Advisors Deploys NexJ CRM
Wall Street & Technology | 39 days 1 hour 53 minutes ago
20,000 former Wachovia Securities financial advisors to receive new customer relationship management software.
Wells Fargo profit rises, but so do loan losses
Globe and Mail (Toronto), The | 33 days 32 minutes ago
Company's retail banking operations, including the loan business it acquired with the purchase of Wachovia, offset rising loan losses
Wells Fargo raises credit card rates
American City Business Journals | 44 days 19 hours 45 minutes ago
Wells Fargo & Co. is raising the interest rates on most of its credit cards by up to 3 percentage points before a new federal law limits such increases.
Company Overview
| Company: | Wells Fargo & Company |
|---|---|
| Industry: | Money Center Banks |
| Website: | http://www.wellsfargo.com |
This stagecoach likely makes a stop near you. One of the top banks in the US, Wells Fargo has about 6,600 bank branches in some 40 states, and more than 4,000 mortgage and consumer finance offices nationwide. Services include consumer and business banking, investment management, insurance, and venture capital investment. A top residential mortgage lender in the US, Wells Fargo is also one of the largest mortgage servicers. The company is a banking industry leader in insurance brokerage through its Wells Fargo Insurance Services subsidiary, as well as leading in mutual funds, online banking, and online brokerage services. In 2008 Wells Fargo bought Wachovia, which increased its assets to some $1.3 trillion.
Key Numbers
| Sales in U.S. Dollars (mil.) | 41,897 (2008) |
|---|---|
| One-year % Growth in Sales | 6.4 (2008) |
| Net Income in U.S. Dollars (mil.) | 2,655 (2008) |
| One-year % Growth in Net Income | -67.0 (2008) |
| Number of Employees | 281,000 (2008) |
| One-year % Growth in Number of Employees | 75.8 (2008) |
| Fiscal Year-End | December |