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Wells Fargo & Co (WFC.N)

WFC.N on New York Stock Exchange

56.93USD
1:10pm EST
Change (% chg)

$-0.36 (-0.63%)
Prev Close
$57.29
Open
$56.94
Day's High
$57.03
Day's Low
$56.49
Volume
2,631,528
Avg. Vol
7,026,322
52-wk High
$58.02
52-wk Low
$43.55

Latest Key Developments (Source: Significant Developments)

Pennsylvania Treasurer suspends Wells Fargo from any Treasury investment for one year
Thursday, 3 Nov 2016 02:00pm EDT 

Pennsylvania Treasurer: Pa treasury suspends wells fargo from investment and trading activities . announced that he has suspended Wells Fargo from any treasury investment for one year . decision was made following a recent meeting with bank representatives . will continue to monitor situation and may re-evaluate bank's status . bank representatives said there were about 80,000 unauthorized accounts in Pennsylvania .bank representatives said of the unauthorized accounts in Pennsylvania, over 2,600 had incurred fees that have been reimbursed.  Full Article

SEC in early stages of probing Wells Fargo over sales practice disclosures and other matters - CNBC, citing DJ
Wednesday, 2 Nov 2016 07:52pm EDT 

Wells Fargo & Co : SEC in early stages of probing Wells Fargo over sales practice disclosures and other matters - CNBC citing Dow Jones Further company coverage: [WFC.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Wells Fargo & Co says issued $2 bln floating rate notes due Oct. 31, 2023 - SEC filing
Monday, 31 Oct 2016 11:35am EDT 

Wells Fargo & Co :On October 31, 2016, Wells Fargo & Company issued $2 billion floating rate notes due October 31, 2023 - SEC filing.  Full Article

Wells Fargo names Monica Cole head Of North Region for Middle Market Banking
Monday, 31 Oct 2016 10:00am EDT 

Wells Fargo & Co : Wells Fargo names Monica Cole head Of North Region for Middle Market Banking .Monica Cole has succeeded Laura Oberst to head Middle Market Banking for North Region.  Full Article

Wells Fargo & Co sets quarterly dividend of $0.38 per share
Tuesday, 25 Oct 2016 04:15pm EDT 

Wells Fargo & Co : Wells Fargo & Company announces common dividend .Sets quarterly dividend of $0.38 per share.  Full Article

Henry Jordan to retire as head of Wells Fargo Capital Finance
Monday, 24 Oct 2016 01:38pm EDT 

Wells Fargo & Co : Wells Fargo announces Henry Jordan to retire as head of Capital Finance . Wells Fargo Capital Finance to join newly-formed Wells Fargo Commercial Capital Group to be led by Ed Blakey . Jordan, Chairman and Chief Executive Officer of Wells Fargo Capital Finance, will retire on December 31, 2016 . Guy Fuchs will become head of Wells Fargo Capital Finance and will report to Blakey .Mark Myers to lead expanded Commercial Real Estate Group.  Full Article

S&P revises Wells Fargo's outlook to negative, affirms ratings
Tuesday, 18 Oct 2016 05:05pm EDT 

S&P: Wells Fargo outlook revised to negative from stable on potential elevated business risks; ratings affirmed . Affirming 'A/A-1' ratings on Wells Fargo and 'AA-/A-1+' on its main operating subsidiaries . Believe risks have increased regarding magnitude of reputational damage from retail account sales misconduct, ongoing investigations . "Wells will likely continue to face significant business challenges for at least several months" .s&p on wells fargo - $185 million settlement regulators may not sufficiently capture damage caused by the retail sales misconduct.  Full Article

Wells Fargo says no severance payment related to CEO Stumpf's departure - CNBC
Wednesday, 12 Oct 2016 05:17pm EDT 

:Wells Fargo says "there is no severance payment or agreement related" to CEO Stumpf's departure - CNBC.  Full Article

Wells Fargo CEO John Stumpf to retire as CEO - CNBC, citing DJ
Wednesday, 12 Oct 2016 04:35pm EDT 

: Wells Fargo CEO Stumpf to retire as Chairman & CEO, company president Sloan to take over- CNBC, citing DJ Further company coverage: [WFC.N].  Full Article

Wells Fargo forms new business group, names new members to operating committee
Monday, 10 Oct 2016 03:00pm EDT 

Wells Fargo & Co : Wells Fargo forms new business group focused on payments, virtual solutions and innovation . Appoints new members to operating committee . Operating committee is led by John Stumpf, Chairman and Chief Executive Officer . Franklin Codel, currently Head of Home Lending for company, will join operating committee and assume an expanded role .Perry Pelos has been named Head of Wholesale Banking and will join operating committee.  Full Article

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Wells Fargo picks four directors for sales scandal probe: source

Wells Fargo & Co Chairman Stephen Sanger and Vice Chair Elizabeth Duke have been named to a four-member committee that will lead an internal investigation into the bank's recent sales scandal, a person familiar with the matter said on Thursday.