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News Stories (26 Results) - Wells Fargo & Company

Wells Fargo & Company announced General Counsel C. Allen Parker has made the decision to leave the company effective March 31, 2020, to pursue other business opportunities. Parker joined Wells Fargo as General Counsel in March 2017, served as interim... Read Story
November 14, 2019, 09:05 AM


Wells Fargo & Company announced Kara McShane has been named Head of Commercial Real Estate (CRE) within the company’s Wholesale Banking group. She will assume this role on Feb. 14, 2020, upon Mark Myers’ retirement.“Kara is an exceptional leader who... Read Story
November 13, 2019, 09:01 AM


Wells Fargo & Company announced that William M. Daley has been named Vice Chairman of Public Affairs, effective November 13, 2019. Daley will serve on the Operating Committee and will report directly to CEO Charles Scharf.“I am delighted to welcome... Read Story
November 08, 2019, 09:00 AM


Wells Fargo Wholesale Banking, a division of Wells Fargo & Company, announced that Paul Whyte is joining its Corporate & Investment Banking (CIB) and Commercial Real Estate (CRE) groups, effective November 12, as a managing director focused on real... Read Story
November 06, 2019, 08:55 AM


Wells Fargo & Company announced that Mark Myers, Executive Vice President and head of Commercial Real Estate (CRE) within the company’s Wholesale Banking group, has shared his intention to retire. Myers, 64, has been with Wells Fargo for 39 years... Read Story
November 05, 2019, 08:50 AM


Wells Fargo & Company announced that Patricia Sutter, an industry and Wells Fargo veteran, has been named head of Wells Fargo Corporate Trust Services (CTS), effective October 15. Sutter will remain based in Chicago and report to David Marks, head of... Read Story
October 14, 2019, 09:00 AM


The Board of Directors of Wells Fargo & Company announced it has named Charles W. Scharf as the company’s Chief Executive Officer and President, and a member of the Board of Directors, effective Oct. 21. Scharf was chairman and CEO of Bank of New... Read Story
September 27, 2019, 09:00 AM


Wells Fargo & Company announced Tracy Kerrins has been named chief information officer of Enterprise Functions Technology. Kerrins joins the company Oct. 21 reporting to Saul Van Beurden, head of Technology. She is based in Charlotte, N.C.“Tracy has... Read Story
September 17, 2019, 08:00 AM


Wells Fargo & Company announced the formation of a national Food, Beverage & Agribusiness group, part of the company’s Specialized Industries division within Commercial Banking. The group is led by 24-year industry veteran Monica Cole, who is based... Read Story
September 06, 2019, 09:00 AM


Wells Fargo Corporate & Investment Banking, a part of Wells Fargo & Company, announced David Lauffer has joined its Healthcare Investment Banking group as a Managing Director covering the biopharma sector. Based in New York, he will report to Omid... Read Story
July 19, 2019, 09:05 AM


Wells Fargo & Company named Kate Clifford-Toomey as chief operating officer for Corporate Risk, reporting to Chief Risk Officer Mandy Norton. Clifford-Toomey’s first day will be Sept. 3.As chief operating officer, Clifford-Toomey will be responsible... Read Story
June 07, 2019, 08:55 AM


Wells Fargo & Company announced the leadership team and regional structure for its Commercial Banking business, led by Kyle Hranicky, a 25-year company veteran.With this new structure, Wells Fargo Commercial Banking has more than 6,000 team members... Read Story
June 05, 2019, 08:35 AM


Wells Fargo & Company announced Chief Executive Officer and President Timothy J. Sloan has informed the Board of Directors of his decision to retire from the company, effective June 30, and to step down as CEO, President and board member effective... Read Story
March 29, 2019, 09:20 AM


Wells Fargo & Company announced the closing of a $357 million senior loan to Rockpoint Group for the acquisition of One Dag Hammarskjöld Plaza. One Dag Hammarskjöld is located at 885 Second Avenue in Midtown Manhattan, anchoring the United Nations... Read Story
January 17, 2019, 07:18 AM


Wells Fargo & Company announced that 33-year banking veteran Alfred (Al) Kenrick will lead Middle Market Banking (MMB) in Silicon Valley, including three offices in Palo Alto, San Jose and Monterey. Based in Palo Alto, Kenrick now leads a local team... Read Story
September 10, 2018, 07:06 AM


Wells Fargo & Company announced that 12-year company veteran Megdy Khoury will lead Middle Market Banking in greater Portland as regional manager.Khoury now oversees a local team of nine commercial banking experts who provide credit, treasury... Read Story
September 04, 2018, 08:00 AM


Emergent BioSolutions Inc. announced that it has entered into an agreement to acquire Adapt Pharma and its flagship product NARCAN® (naloxone HCl) Nasal Spray, the first and only needle-free formulation of naloxone approved by the U.S. Food and Drug... Read Story
August 30, 2018, 08:02 AM


Wells Fargo & Company announced it has named Amanda “Mandy” Norton as chief risk officer. Norton, a 29-year financial services veteran, most recently served as chief risk officer of consumer and community banking at JPMorgan Chase.Norton will join... Read Story
May 08, 2018, 07:33 AM


Wells Fargo & Company announced that Senior Executive Vice President Mike Loughlin will retire as the company’s chief risk officer. The company expects to name a successor in the next few months and Loughlin will remain in his current role through... Read Story
January 18, 2018, 08:00 AM


Wells Fargo & Company announced that effective immediately it has appointed Mary Mack to head the company’s Consumer Lending business, in addition to Community Banking, expanding the senior executive vice president’s responsibilities.Mack’s new role... Read Story
December 19, 2017, 07:00 AM


Wells Fargo Capital Finance UK Limited, part of Wells Fargo & Company, announced that it acted as the agent and lead arranger for an asset-based credit facility for Arlington Industries, the automotive and aerospace manufacturing company. Backed by... Read Story
May 26, 2017, 07:17 AM


Wells Fargo & Company announced that David Marks has been named head of Wells Fargo Capital Finance, the bank’s asset-based lending unit.  In his role, Marks will oversee the core business groups of Capital Finance, which provides traditional... Read Story
April 10, 2017, 07:28 AM


Wells Fargo announced that Henry Jordan, the chairman and chief executive officer of Wells Fargo Capital Finance, will retire on December 31, 2016. Following Jordan’s retirement, Wells Fargo Capital Finance will join Wells Fargo Commercial Capital... Read Story
October 25, 2016, 08:22 AM


Wells Fargo & Company announced that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. The Board has elected Tim Sloan, the... Read Story
October 13, 2016, 07:37 AM


Wells Fargo & Company (WFC) reported $5.5 billion in net income for a return on assets (ROA) of 1.21%, down 2% on a linked-quarter basis and down 6% from a year ago, according to Fitch Ratings. Earnings were impacted by an expected energy-related... Read Story
April 15, 2016, 07:46 AM


Wells Fargo & Company announced its Board of Directors has named 28-year company veteran Timothy J. Sloan to be president and chief operating officer, reporting to Chairman and Chief Executive Officer John G. Stumpf, effective immediately.Since 2014... Read Story
November 18, 2015, 07:46 AM