Wells Fargo & Company (WFC) 51.18 $WFC
Wells Fargo vs. Bank of America: Which Bank Deserves Your Account?
Alexander MacLennan, The Motley Fool - Motley Fool - Sat Aug 23, 10:02AM CDT
Flickr / r-z. Having a bank account is a core part of our financial lives, but choosing the right instiution can be tricky. In this article, I'll compare the pros and cons of two of America's largest banks: Wells Fargo and Bank of America . ...
Kantor & Kantor: Court Rules Benefits Wrongly Denied For Treatment Of Severe Anorexia
PR Newswire - Fri Aug 22, 7:23PM CDT
Kantor & Kantor today announced the U.S. Court of Appeals 9th Circuit decision in Pacific Shores Hospital v. United Behavioral Health, et al., a case in which a severely anorexic 43-year old woman sought benefits under her Wells Fargo employee health benefit plan for inpatient psychiatric treatment.
Final Glance: Banks companies
AP - Fri Aug 22, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
MB Financial, Inc. Announces Redemption of TAYC Capital Trust I 9.75% Trust Preferred Securities
Business Wire - Fri Aug 22, 3:53PM CDT
MB Financial, Inc. ("MB Financial," NASDAQ: MBFI), the parent company of MB Financial Bank, N.A., announced today that TAYC Capital Trust I will redeem all of the issued and outstanding 9.75% TAYC Capital Trust I Trust Preferred Securities ("TruPS" or "trust preferred securities"
CUSIP-- 87216N205 - (NASDAQ: TAYCP) on September 22, 2014 (the "redemption date" . The aggregate liquidation amount of TruPS outstanding is $45.4 million. The redemption price will be $25.00 per trust preferred security, which represents 100% of the liquidation amount, together with accumulated and unpaid distributions to the redemption date, which is estimated at $1.0 million in the aggregate. The paying agent is Wells Fargo Delaware Trust Company, N.A. 919 North Market Street, Suite 1600 Wilmington, DE 19801.
BofA Reaches $17B Mortgage Settlement, Q3 EPS to Take Hit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 3:02PM CDT
Ending months of speculations, Bank of America (BAC) has finally reached a $16.65 billion-worth settlement. Nonetheless, BofA expects the settlement to lower third-quarter 2014 earnings by 43 cents per share.
Correction: SmallBiz-Small Talk
By JOYCE M. ROSENBERG - AP - Fri Aug 22, 2:20PM CDT
NEW YORK (AP) — In a story Aug. 20 about lending to women-owned businesses, Maria Coyne, head of small business banking at KeyBank, was quoted by The Associated Press as saying the Federal Deposit Insurance Corp. examines banks' lending records and makes a judgment about whether they're being prudent lenders. The Federal Reserve and Office of the Comptroller of the Currency actually have those responsibilities.
Midday Glance: Banks companies
AP - Fri Aug 22, 12:22PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Stock Market News for August 22, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 9:10AM CDT
Positive economic reports propelled benchmarks to record highs on Thursday
Tracking the Bank Settlements: A Nonprofit Backed by Banks
at The Street - Fri Aug 22, 8:38AM CDT
Enterprise Community Partners' report calls a $13 billion JPMorgan settlement 'reasonable' for consumers, but the report doesn't disclose that Enterprise receives substantial backing from the bank.
5 Things Discover Financial Services’ Management Wants You to Know
Patrick Morris, The Motley Fool - Motley Fool - Fri Aug 22, 7:43AM CDT
In the second quarter, Discover Financial Services reported its earnings per share grew by 13%, to stand at $1.35, which set a record for the company. A dive into the numbers revealed that, while the second quarter produced a record, there was...
'Fast Money' Recap: Banking on Financial Stocks
at The Street - Fri Aug 22, 4:00AM CDT
The trading panel discussed banks, Home Depot's new CEO and whether to invest in semiconductor companies.
Apple Stock Held By Institutional Investors Rises
at Investor's Business Daily - Thu Aug 21, 4:02PM CDT
Ownership of Apple (AAPL) stock by institutional investment firms edged up 1.3% in the second quarter from Q1, as confidence in the company's performance rose. The increase follows a 4.3% decline in Q1 from Q4, reports FactSet Research. Though the Q2...
Wells Fargo to Raise Asset-Management Business to $1 Trillion - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 10:00AM CDT
To combat the decreasing revenue pressure, Wells Fargo & Company (WFC), the fourth-largest U.S. bank by assets is targeting the asset management industry to augment revenues, Wall Street Journal reported.
Wells Fargo Offers Financial Education Webinars for Military Members
Business Wire - Thu Aug 21, 8:00AM CDT
As part of a commitment to serve military members, veterans and their families, Wells Fargo (NYSE: WFC) will offer four free financial education webinars for service members Aug. 26-28. Topics include homebuying, managing credit, and budgeting and saving.
Warren Buffett's firm to pay $896,000 penalty
By JOSH FUNK - AP - Wed Aug 20, 4:22PM CDT
OMAHA, Neb. (AP) — Warren Buffett's company has agreed to an $896,000 penalty for failing to tell regulators about a December 2013 investment in wallboard maker USG Corp. beforehand.
Wells Fargo Doubling Asset Management Business to $1T in 10 Years
at The Street - Wed Aug 20, 3:19PM CDT
Wells Fargo seems to be trying to stake out its position in the changing banking world of the future to include ETFs and better serve investors.
Auto Loan Delinquencies Edge Up With Subprime Lending
at Investor's Business Daily - Wed Aug 20, 2:32PM CDT
As the number of car loans and subprime borrowers increases, so has the number of borrowers falling behind on their payments, Experian Automotive said. Although remaining near historic lows, the 60-day loan delinquency rate rose to 0.62% of borrowers...
Wells Fargo to Present at Barclays 2014 Global Financial Services Conference
Business Wire - Wed Aug 20, 1:53PM CDT
Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer John Shrewsberry will present at the Barclays 2014 Global Financial Services Conference in New York on Wednesday, September 10, at 7:30 a.m. Eastern (4:30 a.m. Pacific).
Wells Fargo vs. Bank of America: Which Bank Deserves Your Account?
Alexander MacLennan, The Motley Fool - Motley Fool - Sat Aug 23, 10:02AM CDT
Flickr / r-z. Having a bank account is a core part of our financial lives, but choosing the right instiution can be tricky. In this article, I'll compare the pros and cons of two of America's largest banks: Wells Fargo and Bank of America . ...
Kantor & Kantor: Court Rules Benefits Wrongly Denied For Treatment Of Severe Anorexia
PR Newswire - Fri Aug 22, 7:23PM CDT
Kantor & Kantor today announced the U.S. Court of Appeals 9th Circuit decision in Pacific Shores Hospital v. United Behavioral Health, et al., a case in which a severely anorexic 43-year old woman sought benefits under her Wells Fargo employee health benefit plan for inpatient psychiatric treatment.
Final Glance: Banks companies
AP - Fri Aug 22, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
MB Financial, Inc. Announces Redemption of TAYC Capital Trust I 9.75% Trust Preferred Securities
Business Wire - Fri Aug 22, 3:53PM CDT
MB Financial, Inc. ("MB Financial," NASDAQ: MBFI), the parent company of MB Financial Bank, N.A., announced today that TAYC Capital Trust I will redeem all of the issued and outstanding 9.75% TAYC Capital Trust I Trust Preferred Securities ("TruPS" or "trust preferred securities"
CUSIP-- 87216N205 - (NASDAQ: TAYCP) on September 22, 2014 (the "redemption date" . The aggregate liquidation amount of TruPS outstanding is $45.4 million. The redemption price will be $25.00 per trust preferred security, which represents 100% of the liquidation amount, together with accumulated and unpaid distributions to the redemption date, which is estimated at $1.0 million in the aggregate. The paying agent is Wells Fargo Delaware Trust Company, N.A. 919 North Market Street, Suite 1600 Wilmington, DE 19801. BofA Reaches $17B Mortgage Settlement, Q3 EPS to Take Hit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 3:02PM CDT
Ending months of speculations, Bank of America (BAC) has finally reached a $16.65 billion-worth settlement. Nonetheless, BofA expects the settlement to lower third-quarter 2014 earnings by 43 cents per share.
Correction: SmallBiz-Small Talk
By JOYCE M. ROSENBERG - AP - Fri Aug 22, 2:20PM CDT
NEW YORK (AP) — In a story Aug. 20 about lending to women-owned businesses, Maria Coyne, head of small business banking at KeyBank, was quoted by The Associated Press as saying the Federal Deposit Insurance Corp. examines banks' lending records and makes a judgment about whether they're being prudent lenders. The Federal Reserve and Office of the Comptroller of the Currency actually have those responsibilities.
Midday Glance: Banks companies
AP - Fri Aug 22, 12:22PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Stock Market News for August 22, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 9:10AM CDT
Positive economic reports propelled benchmarks to record highs on Thursday
Tracking the Bank Settlements: A Nonprofit Backed by Banks
at The Street - Fri Aug 22, 8:38AM CDT
Enterprise Community Partners' report calls a $13 billion JPMorgan settlement 'reasonable' for consumers, but the report doesn't disclose that Enterprise receives substantial backing from the bank.
5 Things Discover Financial Services’ Management Wants You to Know
Patrick Morris, The Motley Fool - Motley Fool - Fri Aug 22, 7:43AM CDT
In the second quarter, Discover Financial Services reported its earnings per share grew by 13%, to stand at $1.35, which set a record for the company. A dive into the numbers revealed that, while the second quarter produced a record, there was...
'Fast Money' Recap: Banking on Financial Stocks
at The Street - Fri Aug 22, 4:00AM CDT
The trading panel discussed banks, Home Depot's new CEO and whether to invest in semiconductor companies.
Apple Stock Held By Institutional Investors Rises
at Investor's Business Daily - Thu Aug 21, 4:02PM CDT
Ownership of Apple (AAPL) stock by institutional investment firms edged up 1.3% in the second quarter from Q1, as confidence in the company's performance rose. The increase follows a 4.3% decline in Q1 from Q4, reports FactSet Research. Though the Q2...
Wells Fargo to Raise Asset-Management Business to $1 Trillion - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 10:00AM CDT
To combat the decreasing revenue pressure, Wells Fargo & Company (WFC), the fourth-largest U.S. bank by assets is targeting the asset management industry to augment revenues, Wall Street Journal reported.
Wells Fargo Offers Financial Education Webinars for Military Members
Business Wire - Thu Aug 21, 8:00AM CDT
As part of a commitment to serve military members, veterans and their families, Wells Fargo (NYSE: WFC) will offer four free financial education webinars for service members Aug. 26-28. Topics include homebuying, managing credit, and budgeting and saving.
Warren Buffett's firm to pay $896,000 penalty
By JOSH FUNK - AP - Wed Aug 20, 4:22PM CDT
OMAHA, Neb. (AP) — Warren Buffett's company has agreed to an $896,000 penalty for failing to tell regulators about a December 2013 investment in wallboard maker USG Corp. beforehand.
Wells Fargo Doubling Asset Management Business to $1T in 10 Years
at The Street - Wed Aug 20, 3:19PM CDT
Wells Fargo seems to be trying to stake out its position in the changing banking world of the future to include ETFs and better serve investors.
Auto Loan Delinquencies Edge Up With Subprime Lending
at Investor's Business Daily - Wed Aug 20, 2:32PM CDT
As the number of car loans and subprime borrowers increases, so has the number of borrowers falling behind on their payments, Experian Automotive said. Although remaining near historic lows, the 60-day loan delinquency rate rose to 0.62% of borrowers...
Wells Fargo to Present at Barclays 2014 Global Financial Services Conference
Business Wire - Wed Aug 20, 1:53PM CDT
Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer John Shrewsberry will present at the Barclays 2014 Global Financial Services Conference in New York on Wednesday, September 10, at 7:30 a.m. Eastern (4:30 a.m. Pacific).
