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News Releases
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11/11/18 5:23 pm ESTSAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that it is donating $250,000 to fund wildfire relief efforts in California. The funds will help support disaster relief operations for people impacted by the Camp Fire in Northern California, and the Woolsey and Hill Fires in Southern California. The American Red Cross* will receive $125,000 to support those across the state that have been affected by wildfires....more...
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11/9/18 7:31 pm ESTSAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A., and a group of institutional investors, including funds affiliated with BlackRock, Inc. and PIMCO, announced today that they have reached a settlement that resolves two class action lawsuits in federal and state court related to Wells Fargo’s role as trustee for certain residential mortgage-backed securities (RMBS) trusts created more than a decade ago. Under terms of the agreement, Wells Fargo...more...
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11/8/18 7:45 am ESTSAN FRANCISCO--(BUSINESS WIRE)--In honor of Veterans Day, Wells Fargo & Co. (NYSE: WFC) announced the company has donated a total of more than $130 million since 2012 to support military- and veteran-related nonprofits focused on housing initiatives, career transition and financial education. Highlights include: Donated more than 350 mortgage-free homes, valued at more than $55 million, to veterans in all...more...
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11/8/18 7:00 am ESTCHICAGO--(BUSINESS WIRE)--This week, more than 200 local Wells Fargo & Company (NYSE: WFC) volunteers provided free winter jackets to over 10,000 students at 13 Chicago Public Schools. This season marks the company’s ninth consecutive year of giving. Wells Fargo’s Coats for Kids campaign raised more than $200,000 from team member donations, company contributions and a private matching grant to buy the jackets. Since the program...more...
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11/1/18 3:51 pm EDTMINNEAPOLIS — Wells Fargo & Co. (NYSE:WFC) announced today that Courtney Smith Goodrich, most recently chief technology strategy and programs officer for JP Morgan Chase & Co., has been named the new chief operating officer (COO) for the company’s Enterprise Information Technology (EIT) team. Her first day is today and she will be based in Philadelphia. Smith Goodrich will report to Chief Technology Officer Scott Dillon. In her role, she will have oversight...more...
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11/1/18 12:00 pm EDTPANAMA CITY, Fla.--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced it has deployed its Mobile Response Unit to provide housing recovery assistance as well as help for auto, credit card, personal lines/loan, student loan and small business loan customers in the Panhandle and surrounding areas impacted by Hurricane Michael. The Wells Fargo Mobile Response Unit will be stationed at the following location...more...
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10/31/18 8:45 am EDTNEW YORK — Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company (NYSE: WFC), has announced the following new hires to its Government & Institutional Banking Division: Patrick McCarthy, Moira Baldwin and Ian Spier. Each join from Jefferies LLC and will specialize in Wells Fargo’s healthcare division within Public Finance. “I’m pleased to welcome a trio of the industry’s top talent to our...more...
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10/30/18 9:00 am EDTDENVER--(BUSINESS WIRE)--The Wells Fargo Innovation Incubator (IN2), a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the National Renewable Energy Laboratory, has selected the fourth round of clean-tech and energy efficiency startup companies to join the program. The five startups join 20 other early-stage companies that have received support to address energy challenges in commercial...more...
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10/26/18 4:48 pm EDTSAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that the head of Wealth and Investment Management Jonathan Weiss will present at The BancAnalysts Association of Boston Conference in Boston on Friday, November 9, 2018, at 7:30 a.m. ET (4:30 a.m. PT). The live webcast will be available at the following addresses: https://www.wellsfargo.com/about/investor-relations/events http://wsw.com/webcast/...more...
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10/26/18 10:45 am EDTCHARLOTTE, N.C.--(BUSINESS WIRE)--Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member The Housing Partnership today announced the NeighborhoodLIFT® program will expand to the Charlotte area with a $6.85 million commitment by Wells Fargo to boost homeownership in Cabarrus, Gaston, Mecklenburg, Rowan, and Union counties. “NeighborhoodLIFT will make homeownership more affordable, achievable and sustainable for...more...
