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3 Oct 2008, 3:15 pm
That was the message from Citigroup on Friday, as the financial giant saw its four-day-old agreement to buy Wachovia’s banking operations set aside in favor of a $15.1 billion merger between Wachovia and Wells Fargo. [read post]
3 Oct 2008, 2:07 pm
Buffett is Wells Fargo’s largest shareholder, holding a 9.4 percent stake in the San Francisco-based lender through his control of Berkshire [...] [read post]
2 Oct 2008, 12:05 pm
Nev. 2008), in which the court sanctioned the attorneys for Wells Fargo (and Wells Fargo itself) for refusing to correct a stipulation allowing relief from the automatic stay ON THE WRONG HOUSE. [read post]
1 Oct 2008, 6:55 pm
With Citi swallowing Wachovia and JPM gobbling up WaMu, it looks like the financial services industry will be dominated by 3 large institutions, BoA, JPM, Citi, maybe joined by Wells Fargo, and then a bunch of smaller hoi polloi. [read post]
29 Sep 2008, 9:07 pm
Some banks like Wells Fargo actively search these records to see if an account holder has filed for bankruptcy.Your employer. [read post]
27 Sep 2008, 12:15 pm
The latest reports have Wachovia and Citi discussing a deal, but Wells Fargo is apparently still in the mix, as is Spain bank Banco Santander according to the NY Times post. [read post]
27 Sep 2008, 9:17 am
Some banks like Wells Fargo have a policy to place an administrative freeze on any account of a newly-filed Chapter 7 debtor with a balance exceeding $5,000. [read post]
26 Sep 2008, 7:54 pm
Feelers have also been extended between Wachovia and Wells Fargo and Spain’s Banco Santander, these people said. [read post]
26 Sep 2008, 3:30 pm
Heller was founded in 1890, rode through the 1906 San Francisco earthquake (in the aftermath of which the nascent client Wells Fargo Bank set up a temporary headquarters at the home of founding partner Emanuel Heller), helped arrange financing for the Golden Gate Bridge, the Hoover Dam, and the Oakland Bay Bridge, and in more recent years took a pro bono case to the US Supreme Court that established the right of conscientious objection during the Vietnam War, took Levi… [read post]
22 Sep 2008, 1:20 pm
" Impact on the Financial Services Industry As recently as 30 years ago, the financial services industry constituted well under 5% of the S&P 500's total market capitalization. [read post]
22 Sep 2008, 1:11 pm
Reuters - New York (Reuters) - Wells Fargo and Co., the fifth largest U.S. bank, said on Monday it expects a charge to write down the third quarter of $ 480 million in investments related to preferred stock of Fannie Mae and Freddie Mac. [read post]
22 Sep 2008, 12:09 pm
Morgan Chase, Wells Fargo, Bank of America, HSBC and Banco Santander [...] [read post]
19 Sep 2008, 11:39 am
As DealBook reported on Wednesday, Wells Fargo, JPMorgan Chase and HSBC have all expressed possible interest in the firm, which has hired Goldman Sachs to handled the process. [read post]
19 Sep 2008, 7:11 am
In her testimony, Coakley detailed how major lenders including Bank of America, Citigroup and Wells Fargo reneged on an agreement to form a loan modification system for Massachusetts homeowners. [read post]
19 Sep 2008, 3:09 am
" While affirming Wells Fargo's commitment to loss mitigation, execitive vice president Mary Coffin estimated that 30,000 to 40,000 borrowers might qualify for the Hope for Homeowners program. [read post]
18 Sep 2008, 1:07 pm
The following panel, representing Wells Fargo, JPMorgan Chase, BankofAmerica (jokingly described by Chairman Frank as the only BankinAmerica) and Citi, assured the committee of their good intentions. [read post]
18 Sep 2008, 5:56 am
SAN FRANCISCO, Sep 17, 2008 (BUSINESS WIRE) -- WFC | Quote | Chart | News | PowerRating -- The Family Wealth Group -- part of Wells Fargo & Company (NYSE:WFC) -- was named Platform Provider of the... [[ This is a content summary only. [read post]
17 Sep 2008, 7:58 pm
Among the potential bidders that Goldman has talked to are Wells Fargo, JPMorgan [...] [read post]
17 Sep 2008, 4:41 pm
Bay Area Community Groups to Call on Wells Fargo Bank to Evict Racist Arizona Sheriff Joe Arpaio from WFB Offices in Phoenix, AZ What: Press conference and picket line to report results of community meeting with representatives of Wells Fargo... [read post]
17 Sep 2008, 12:16 pm
In recent days, federal banking regulators reportedly contacted Wells Fargo, JPMorgan Chase , HSBC and several other financial institutions to gauge their interest [...] [read post]
