Wells Fargo & Company Announces Dividend

Wells Fargo & Company Announces Dividend
Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.05 per share. The dividend is payable June 1, 2009, to stockholders of record on May 8, 2009. The Company has approximately 4.3 billion shares outstanding.
Wells Fargo & Company is a diversified financial services company with […]

Wells Fargo’s Institutional Retirement Business to Acquire Comerica Bank’s Proprietary Defined Contribution and Recordkeeping Business

Wells Fargo’s Institutional Retirement Business to Acquire Comerica Bank’s Proprietary Defined Contribution and Recordkeeping Business
Wachovia Bank, N.A., a subsidiary of Wells Fargo & Company (NYSE: WFC), announced today that it has agreed to acquire the proprietary defined contribution plan recordkeeping business of Texas-based Comerica Bank, a subsidiary of Comerica Incorporated (NYSE: CMA). The transaction […]

Manufactured Housing Institute Selects Wells Fargo Community Lender of the Year

Manufactured Housing Institute Selects Wells Fargo Community Lender of the Year
Third Consecutive Year
Wells Fargo & Company (NYSE: WFC) has been named the Manufactured Housing Institute’s (MHI) 2009 Community Lender of the Year. MHI presented the award April 15 at the 2009 National Congress and Expo for Manufactured and Modular Housing in Las Vegas.
“We have always […]

Wells Fargo Disputes State of California’s Claims

Wells Fargo Disputes State of California’s Claims
Wells Fargo & Company (NYSE: WFC) said today it disputes the claims made by the California State Attorney General’s office against several of the Company’s broker-dealer affiliates regarding its participation in the auction rate securities (ARS) market.
“We fully understand and deeply regret the effects this prolonged liquidity crisis has […]

Wells Fargo Encourages Banking Customers to Make Switch to Online-Only Statements

Wells Fargo Encourages Banking Customers to Make Switch to Online-Only Statements
Customers saved 60,000 trees last three years by receiving banking statements online
Wells Fargo & Company (NYSE: WFC), in recognition of Earth Day, is encouraging its banking customers nationwide to make the switch to online-only statements. That simple action can result in a net positive […]

Wells Fargo Acquires North Coast Surety Insurance Services

Wells Fargo Acquires North Coast Surety Insurance Services
Provider of Surety Bonds for Public Works
Chicago — April 17, 2009
Wells Fargo Insurance Services, Inc. – part of Wells Fargo & Company (NYSE:WFC) – has acquired the assets of North Coast Surety Insurance Services and North Coast Surety Technologies on April 1. Terms were not disclosed.
Based in […]

Wells Fargo Announces New Nationwide Financing Program for McDonald’s® U.S. Franchisees

Wells Fargo Announces New Nationwide Financing Program for McDonald’s® U.S. Franchisees
Wells Fargo Restaurant Finance — part of Wells Fargo & Co (NYSE: WFC) — has announced a new McDonald’s Loan Program featuring customized financial products and solutions for McDonald’s franchisees nationwide. The program covers fixed and floating rate loans. Financing options will be available for […]

Wells Fargo Expects Record First Quarter Earnings of Approximately $3 Billion

Wells Fargo Expects Record First Quarter Earnings of Approximately $3 Billion
Strong business momentum at Wells Fargo and Wachovia, including $190 billion in mortgage applications
Wells Fargo & Company (NYSE: WFC) said today it expects to report record net income of approximately $3 billion for first quarter 2009, or approximately $0.55 per common share after preferred dividends, […]

Wells Fargo Reports 5% Increase in Nonprofit Giving to $226 Million

Wells Fargo Reports 5% Increase in Nonprofit Giving to $226 Million
$6.4 Billion in Community Development Loans and Investments, 1.4 Million Volunteer Hours
Despite the down economy, Wells Fargo & Company (NYSE: WFC) giving to nonprofits – combined with Wachovia Corporation – increased 5 percent to $226 million in 2008. Wells Fargo’s stand-alone 2008 giving rose […]

Wells Fargo Names Wealth Management Leaders for East Coast Region

Wells Fargo Names Wealth Management Leaders for East Coast Region
Six veteran leaders appointed to key regional leadership posts
Wells Fargo Wealth Management Group announced today six regional managing directors to lead its East Coast operations. The regional leaders will report to Stan Gregor, head of the Eastern markets for the Wells Fargo Wealth Management Group. In […]