Topic: Wells Fargo & Company

Financials Gaining Some Ground

Last week's Quarterly Banking Profile from the FDIC was good news for banks. Based on findings in the report, the financial sector, and large banks in particular, continue to gain ground after lagging behind the market. On the whole, the financial sector ...

WFC

Wells Fargo & Co. financial services company was created in 1998 when Wells Fargo merged with the Norwest Corporation.

Basel III: My Quick Analysis

The Basel Committee on Banking Supervision's main governing body, meeting today in Basel, Switzerland, said banks worldwide need to have common equity equal to at least 4.5 percent of assets, weighted according to their risk profiles. But none of these figures matter ...
Wells Fargo spends $1.29 million during 2nd quarter lobbying on financial regulatory reformWells Fargo & Co. spent $1.29 million during the second quarter to lobby the government on a broad range of financial regulatory reform measures, according to a disclosure reportThat's an ...

The Berkshire-Buffett Bailout

Toward the end of today's front-page New York Times article headlined " The six companies that have not fully repaid their bailout funds are A.I.G, Citigroup, the CIT Group, M&T Bank, Regions Financial and SunTrust Banks.. The name that struck me there ...
Wells Fargo is now able to offer nearly any homeowner a no cost, low interest rate mortgage refinancing option. This is now possible because of President Obamas $75 billion housing stimulus plan which is designed to help struggling homeowners. Now, Wells Fargo ...
September 15 marked the colossal failure of one of Wall Street's largest institutions, sending the financial markets into a state of chaos. But has "Joe the Plumber" really been adversely affected by allocating TARP funds to institutions like Goldman Sachs? Banks Repaid ...
During the Bush Administration, the U.S. Treasury initiated the Capital Purchase Program (CPP) under the Troubled Asset Relief Program (TARP) to help stabilize the financial system. Payback In December 2009, Wells Fargo (NYSE:WFC) and Citigroup (NYSE:C) became the last of the big ...
If there is one lesson Timothy Geithner must have learned over the past year, it is that the public and the markets desperately want clarity from economic officials. What the Treasury secretary offered in his highly advertised speech last week wasn't bad ...

Treasury Sells Wells Fargo Warrants

The Treasury announced on Friday that it will earn $840 million from the sale of warrants that it obtained as part of its investment in Wells Fargo & Co. (WFC) through the Troubled Asset Relief Program (TARP) during the height of the ...
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