wells fargo

Wells Fargo plans $10 billion stock offering

Wed, 05 Nov 2008 17:52:48 -0600

Wells Fargo & Co. said Wednesday that it will sell $10 billion worth of common stock in a public offering expected to price after the market closes on Thursday.

Wachovia Reports $23.9 Billion Loss for Third Quarter

Wed, 22 Oct 2008 08:48:17 -0500

The loss, the highest yet announced in the crisis, underscored the challenges Wells Fargo faced after acquiring the bank.

Wells Fargo Number One Bank-Topples BoA

Fri, 17 Oct 2008 11:01:10 -0500

Taking the number one spot from BoA, Wells Fargo leads the pack.Providing they maintain their higher than average industry conservativism, Wells may prove to be a truly golden bank. If they can put their energies into keeping high values, low risk, balanced business practices and operate with integrity, they should come out shining!

Wells Fargo 3Q profit falls 25 percent

Wed, 15 Oct 2008 11:10:19 -0500

Wells Fargo said Wednesday its third-quarter profit fell 25 percent as it took hits on investments in troubled finance companies and increased its credit reserves, but results were better than analysts had expected.

Fed approves Wells Fargo's Wachovia buy

Mon, 13 Oct 2008 06:57:55 -0500

The Federal Reserve on Sunday approved Wells Fargo's $11.7 billion acquisition of Wachovia, removing the deal's last major regulatory hurdle.

Banking basics pay off for Wells Fargo amid chaos

Fri, 10 Oct 2008 18:32:58 -0500

With its iconic stagecoach, Wells Fargo & Co. has evoked images of the wild West throughout its 156-year history.

Regulators clear Wells Fargo-Wachovia deal

admin — Fri, 10 Oct 2008 11:19:37 -0500

Federal antitrust regulators say they have cleared Wells Fargo’s $11.7 billion acquisition of troubled bank Wachovia Corp.

Federal regulators clear Wells Fargo-Wachovia deal

Fri, 10 Oct 2008 11:11:51 -0500

Federal antitrust regulators say they have cleared Wells Fargo's $11.7 billion acquisition of troubled bank Wachovia Corp.

Wells Fargo Wins the War for Wachovia

Thu, 09 Oct 2008 21:34:28 -0500

Citigroup walked away from efforts to block a deal between Wachovia and Wells Fargo, but said it would continue to seek $60 billion in legal damages.

DealBook: Citi Withdraws From Wells Fargo Talks

Thu, 09 Oct 2008 17:53:33 -0500

Citigroup said that it has ended discussions with Wells Fargo over a proposed carve-up of Wachovia, ending a detente in a heated battle to take over the troubled Charlotte bank.