Fearing increased risk and slipping standards, Wells Fargo will keep new subprime car loans to no more than 10 percent of its total auto loans.
The lower level of mortgage activity had a negative impact on revenues for the country’s biggest banking group – especially for Wells Fargo and U.S. Bancorp, who bulked up their mortgage banking businesses considerably after the economic downturn. Show More Summary
US bank Wells Fargo has a number of competitive advantages that make it a more compelling proposition than any of the big four.
Bank of America Corp. and Wells Fargo & Co. are providing new debt against Manhattan's MetLife Building in a deal that values the tower at almost $3 billion, according to people familiar with the... To view the full story, click the title link.
At Insider Monkey we follow the investment picks of 59 billionaires every quarter after they submit their 13F filings to gain an insight into which way the wind is blowing on Wall Street according to these professional money managers. After analysing these holdings we have come up with a list of 5 most poppular stocks […]
CMO of the Week: Michael Lacorazza, of Wells Fargo, on Staying Customer-Centric February 26, 2015 Lacorazza and his team are determined to maintaining a local bond with customers despite Wells Fargo’s enormous size. “While we are a coast-to-coast...Show More Summary
Because they don't have enough events (Wells Fargo Championship, 2017 PGA Championship)
Warren Buffett‘s Berkshire Hathaway personifies value investing and the importance of patience that is its pre-requisite. This is also unveiled by the fund’s recent 13F filing with SEC which shows that Buffett’s top picks in terms of their contribution in portfolio value remained nearly the same, which has been the case for at least several […]
Wells Fargo announced Wednesday that it will let customers withdraw rewards earned on its credit cards for cash at an ATM. The San Francisco bank said it is the first major U.S. financial institution to offer this. Customers can use any of the bank’s roughly 12,500 ATMs to withdraw their rewards in $20 increments, deposit
It's 14 degrees in Philadelphia... and the heater has broken inside the Wells Fargo Center -- so the visiting Indiana Pacers are warming up in full sweats and winter gear. Unclear when the heater crapped out... but multiple team sources tell…
Our nation is currently a howling landscape of snow and misery, and it's apparently reached the point that even professional ballplayers can't escape the deep freeze. Exhibit A of winter's horribleness are these photos tweeted by Paul George on Friday afternoon. Show More Summary
Digit, the startup that automatically saves users’ cash so that they don’t have to think about it, has been operating in a kind of invite-only beta over the last nine months or so. Thanks to a banking partnership with Wells Fargo, the service is now ready to open up to the public and allow anyone to sign up. Read More
Analyst freezes to death; Wells Fargo harassment; Soros Herbalife stake; Robots; Asset manager pay; "Flight Delayed Due To Rampaging Scorpion"; AND MORE.
David Abrams’ Abrams Capital Management revealed its top five picks at the end of 2014 in its latest 13F filing. According to the information provided to the U.S. Securities and Exchange Commission last week, the investment firm’s largest position is in The Western Union Company (NYSE:WU). Apart from this holding, which accounts for around 20% […]
Patrick Gideon Wolff’s Grandmaster Capital recently disclosed its top picks as of the end of the fourth quarter. According to the 13F Form filed with the U.S. Securities and Exchange Commission, the investment firm’s three largest holdings at the end of 2014 were: Microsoft Corporation (NASDAQ:MSFT), Wells Fargo & Co (NYSE:WFC), and American Express Company […]
Press Release: CarePayment, the national leader in patient financial engagement, has expanded its funding agreement with Aequitas Capital to include a total of $200 million of senior debt, supported by $100 million in new financing from Wells Fargo....
There's no telling what opponents will see when stepping to the foul line at Arizona State's Wells Fargo Arena after the black curtain stationed behind the visiting team's second-half hoop opens. But amid the uncertainty, those opponents...Show More Summary