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Wells Fargo

Wells Fargo

American multinational banking and financial services company

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2016

The 2016 revelation that Wells Fargo created millions of fake customer accounts prompted regulatory probes into mortgage foreclosures, auto insurance sales and its wealth management businesses, resulting in billions of dollars in fines.1

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Author(s): Imani Moise
Date: March 12, 2019
Type: Web page
CEO Sloan pitches Wells Fargo turnaround to bank critics in Congress. U.S.. https://www.reuters.com/article/us-wells-fargo-congress-idUSKBN1QT1VX
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2016

The 2016 revelation that Wells Fargo created millions of fake customer accounts prompted regulatory probes into mortgage foreclosures, auto insurance sales and its wealth management businesses, resulting in billions of dollars in fines.1

Wells Fargo released its compensation one day after Sloan appeared before the House Financial Services Committee to prove to lawmakers that the bank was reformed since 2016 revelations that it created millions of unauthorized customer accounts.1

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Author(s): Imani Moise
Date: March 13, 2019
Type: Web page
Wells Fargo CEO's pay raise draws rare Fed response. U.S.. https://www.reuters.com/article/us-wells-fargo-compensation-idUSKCN1QU35D
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2018

Wells Fargo & Co gave Chief Executive Tim Sloan a 5 percent pay raise for 2018, prompting the Federal Reserve to release a statement saying that it does not sign off on executive pay.1

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Author(s): Imani Moise
Date: March 13, 2019
Type: Web page
Wells Fargo CEO's pay raise draws rare Fed response. U.S.. https://www.reuters.com/article/us-wells-fargo-compensation-idUSKCN1QU35D
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March 11, 2019

Wells Fargo is a better bank than it was three years ago, and we are working every day to become even better," Sloan, 58, will say, according to testimony published by the bank on Monday.1

1
Author(s): Imani Moise
Date: March 12, 2019
Type: Web page
Wells Fargo CEO draws bipartisan ire in Congress hearing. U.S.. https://www.reuters.com/article/us-wells-fargo-congress-idUSKBN1QT1VX
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February 19, 2019

Last year, Wells Fargo team members pledged $53.5 million to the company's annual Community Support Campaign and $75.3 million throughout the year.1

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Date: February 19, 2019
Type: Web page
United Way Applauds Wells Fargo As #1 Workplace Giving Campaign for 10 Consecutive Years. WebWire. https://www.webwire.com/ViewPressRel.asp?aId=236094
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February 19, 2019

Wells Fargo & Company (NYSE: WFC) announced today that it has provided debt financing through the UK & Ireland team in Wells Fargo's Commercial Real Estate group to Hines, an international real estate firm, and APG Asset Management (APG), a Dutch pension investor, for their new Cherrywood Town Centre development project in Dublin, Ireland.1

The confirmation today by Wells Fargo to provide the debt financing for this initial phase of construction is another positive step for the Cherrywood Project," said Gary Corrigan, managing director at Hines Ireland.1

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Date: February 19, 2019
Type: Web page
Wells Fargo Finances the First Phase of Hines and APG's Residential Development of Cherrywood Town Centre in Dublin, Ireland. WebWire. https://www.webwire.com/ViewPressRel.asp?aId=236081
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2016

The 2016 revelation that Wells Fargo created millions of fake customer accounts prompted regulatory probes into mortgage foreclosures, auto insurance sales and its wealth management businesses, resulting in billions of dollars in fines.1

1
Author(s): Imani Moise
Date: March 12, 2019
Type: Web page
Wells Fargo CEO avoids major stumble at heated Congressional hearing. U.S.. https://www.reuters.com/article/us-wells-fargo-congress-idUSKBN1QT1VX
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2018

The 2018 Wells Fargo Championship generated more than $1.5 million for Charlotte-area charitable organizations, raising the tournament's all-time total to $22 million.1

In 2018, tournaments across all Tours generated a record $190 million for local and national charitable organizations, bringing the all-time total to $2.84 billion.1

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Date: May 1, 2019
Type: Web page
Wells Fargo Extends Sponsorship of Wells Fargo Championship by Five Years. WebWire. https://www.webwire.com/ViewPressRel.asp?aId=240003
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March 17, 2019

Principal Financial Group Inc is in advanced talks to acquire Wells Fargo & Co's retirement plan services business, in a deal that could exceed $1 billion, people familiar with the matter said on Sunday.1

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Author(s): David French
Date: March 17, 2019
Type: Web page
Principal Financial close to Wells Fargo retirement unit acquisition-sources. U.S.. https://www.reuters.com/article/us-wells-fargo-retirements-principal-fin-idUSKCN1QY111
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May 3, 2019

Wells Fargo expects to refund monthly service fees to some customers1

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Author(s): Imani Moise
Date: May 3, 2019
Type: Web page
Wells Fargo expects to refund monthly service fees to some customers. U.S.. https://www.reuters.com/article/us-wells-fargo-refund-idUSKCN1S91VY
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September 2018

When the Fed announced the heightened scrutiny, Wells Fargo executives said they expected it to last until September.1

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Date: October 24, 2018
Type: News article
Wells Fargo Suspends 2 Executives Amid Regulatory Review. nytimes.com. https://www.nytimes.com/2018/10/24/business/wells-fargo-suspends-employees-sales.html
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2018

In 2018, Wells Fargo announced deals to sell 52 branches spread across Indiana, Michigan, Ohio and Wisconsin to Flagstar Bancorp Inc, as well as a $1.7 billion deal to offload its Puerto Rico auto finance business to the local unit of Popular Inc.1

1
Author(s): David French
Date: March 17, 2019
Type: Web page
Principal Financial close to Wells Fargo retirement unit acquisition-sources. U.S.. https://www.reuters.com/article/us-wells-fargo-retirements-principal-fin-idUSKCN1QY111
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March 15, 2019

Today, Wells Fargo & Company (NYSE: WFC) announced that Chief Information Security Officer (CISO)1

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Date: March 15, 2019
Type: Web page
Wells Fargo's Rich Baich Appointed to FEMA National Advisory Council. WebWire. https://www.webwire.com/ViewPressRel.asp?aId=237527
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March 11, 2019

Wells Fargo is a better bank than it was three years ago, and we are working every day to become even better," Sloan, 58, will say, according to testimony published by the bank on Monday.1

1
Author(s): Imani Moise
Date: March 12, 2019
Type: Web page
CEO Sloan pitches Wells Fargo turnaround to bank critics in Congress. U.S.. https://www.reuters.com/article/us-wells-fargo-congress-idUSKBN1QT1VX
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January 15, 2019

Fourth-quarter results released on Tuesday by JPMorgan Chase and Wells Fargo pointed to concerns about the credit and housing markets.1

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Date: January 16, 2019
Type: News article
DealBook Briefing: 'Brexit' Deal Fails; What's Next for Britain?. www.nytimes.com. https://www.nytimes.com/2019/01/16/business/dealbook/brexit-defeat-britain-may.html
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2016

The 2016 revelation that Wells Fargo created millions of fake customer accounts prompted regulatory probes into mortgage foreclosures, auto insurance sales and its wealth management businesses, resulting in billions of dollars in fines.1

1
Author(s): Imani Moise
Date: March 12, 2019
Type: Web page
Wells Fargo CEO draws bipartisan ire in Congress hearing. U.S.. https://www.reuters.com/article/us-wells-fargo-congress-idUSKBN1QT1VX
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February 25, 2019

Wells Fargo & Company (NYSE: WFC) today announced it has named Julie Caperton as head of Wealth Client Solutions for Wealth and Investment Management (WIM).1

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Date: February 25, 2019
Type: Web page
Julie Caperton to Lead Wealth Client Solutions for Wells Fargo Wealth and Investment Management. WebWire. https://www.webwire.com/ViewPressRel.asp?aId=236416
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2009

United Way Applauds Wells Fargo As #1 Workplace Giving Campaign for 10 Consecutive Years1

Today, United Way Worldwide applauded Wells Fargo & Company (NYSE: WFC) as its #1 workplace giving campaign for 10 consecutive years.1

1
Date: February 19, 2019
Type: Web page
United Way Applauds Wells Fargo As #1 Workplace Giving Campaign for 10 Consecutive Years. WebWire. https://www.webwire.com/ViewPressRel.asp?aId=236094
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May 1, 2019

Wells Fargo Extends Sponsorship of Wells Fargo Championship by Five Years1

Wells Fargo (NYSE: WFC), the PGA TOUR and tournament host organization Champions for Education announced today that Wells Fargo has extended its sponsorship of the Wells Fargo Championship through 2024 after signing a five-year extension.1

The announcement was made today by leaders from Wells Fargo, the PGA TOUR and Champions for Education.1

The Wells Fargo Championship is an important part of the fabric of the community and today's announcement allows us to continue to support our charitable efforts," said Wells Fargo Championship Tournament Director Gary Sobba.1

Quail Hollow Club President Johnny Harris said, "Today's announcement is special for Quail Hollow Club members and staff.1

1
Date: May 1, 2019
Type: Web page
Wells Fargo Extends Sponsorship of Wells Fargo Championship by Five Years. WebWire. https://www.webwire.com/ViewPressRel.asp?aId=240003
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