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...Tim O’Hara, who joined Wells from BlackRock last year and is based in New York, now leads its investment bank....
...Wells Fargo’s bank analyst Mike Mayo has a well-deserved (if not entirely unblemished) reputation for being an unusually acerbic member of the “great quarter guys!” industry....
...It is a weekend well-worth the 2h drive from town — if you’re lucky enough to score tickets....
...He returns to the German lender, where he worked until 2009, from Wells Fargo, where was head of TMT capital markets....
...Or look at the action of banks. This week JPMorgan Chase, Wells Fargo and Citi set aside a record $28bn for bad loans, more than expected....
...“I would say that, as a team, we've pretty well discounted a uniform V-shaped recovery. The question is, is it U-shaped, is it W-shaped or parts of it L-shaped?”...
...Going forward, the federal government has ordered that only Euro-V standard fuels can be imported. Elsewhere, banks have announced policies to end financing for coal-powered plants....
...Job moves Dee Dee Sklar has joined 17Capital, the private equity financing group, as a senior adviser based in New York. She was previously vice-chair for subscription finance at Wells Fargo....
...Since 2016, when US regulators revealed that Wells Fargo had opened millions of unauthorised accounts, nine of 14 members of the bank’s board of directors have stepped down, and the chief executive has changed...
...Saudi Aramco has hired Wells Fargo banker Robert Fernandez to manage its relationship with banks after the oil company completed the world’s biggest share sale....
...(BBG) News round-up Wells Fargo/Eastdil: private property (FT) Renault investors rush to sign up for carmaker’s annual showdown (FT) Wells Fargo CEO search drags on as two top candidates take a pass...
...Some on Wall Street sense this is a new strategy that departs from the past. “The model has really done a complete 180,” said John Baumgartner, analyst at Wells Fargo....
...Lynch, Morgan Stanley and Wells Fargo Securities on financials; Wachtell, Lipton, Rosen & Katz and Latham & Watkins on the legal; Joele Frank on PR)....
...• Wells Fargo Asset Management has expanded its multi-asset solutions team. Dan Morris has arrived as global head of portfolio solutions from Schroders....
...Wells Fargo is still suffering from a scandal last year in which employees created hundreds of thousands of fake customer accounts....
...“We have entered into [memorandums of understanding] with various commercial banks to the tune of around Rs100bn,” said V Rama Manohara Rao, APCRDA special commissioner....
...● There are two new faces at Wells Fargo Asset Management. Jonathan Hobbs joins as head of US portfolio solutions from BlackRock....
...Wells Fargo: The bank has an excellent storytelling site, and a strong set of social media channels that respond to negative criticism well. But there are no linkages to either from wellsfargo.com....
...criteria,” said Wells Fargo....
...“Garmin typically guides conservatively at the beginning of the year so we think the company must be feeling very good about its business,” Wells Fargo analyst Andrew Spinola said....
...The investment group moved into the building in 2010, joining corporations such as banking group Wells Fargo, energy giant ConocoPhillips, hedge fund Third Point and telecommunications company Verizon....
...Wells Fargo had swallowed Wachovia, JPMorgan had been given both Bear Stearns and Washington Mutual....
...Mr Ronson has been under pressure from lenders, which include Wells Fargo and Nationwide, after he failed to agree with other shareholders how to refinance £315m of debt....
...Ain’t nutt’n iambic bout dis....
...At the end of 2012, Wells Fargo Asset Management took a minority stake in Rock Creek, a private fund of funds group in Washington with about $7bn in assets that specialises in selling institutional investors...
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