WFC

Wells Fargo to Present at the 40th Annual Bernstein Strategic Decisions Conference

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화요일, 5월 21, 2024

Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the 40th Annual Bernstein Strategic Decisions Conference on Wednesday, May 29, 2024 at 8:00 a.m.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the 40th Annual Bernstein Strategic Decisions Conference on Wednesday, May 29, 2024 at 8:00 a.m.
  • ET.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240521430289/en/
    A replay of the webcast will be available for three months following the presentation.

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

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금요일, 5월 17, 2024

Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock.
  • A quarterly cash dividend of $351.56 per share was declared on its 5.625% noncumulative perpetual class A preferred stock, Series Y, liquidation preference $25,000 per share.
  • Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Wells Fargo & Company Announces Full Redemption of its Series S Preferred Stock and Related Depositary Shares

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목요일, 5월 9, 2024

The redemption of the Redeemed Series S Preferred Shares will trigger the redemption of the 2,000,000 outstanding shares of the related depositary shares (the “Redeemed Series S Depositary Shares”), each representing a 1/25 interest in a share of Series S Preferred Stock (the “Series S Depositary Shares”).

Key Points: 
  • The redemption of the Redeemed Series S Preferred Shares will trigger the redemption of the 2,000,000 outstanding shares of the related depositary shares (the “Redeemed Series S Depositary Shares”), each representing a 1/25 interest in a share of Series S Preferred Stock (the “Series S Depositary Shares”).
  • The redemption price will be equal to $25,000.00 per Redeemed Series S Preferred Share and $1,000.00 per Redeemed Series S Depositary Share.
  • After giving effect to the redemption, no shares of the Series S Preferred Stock or the Series S Depositary Shares will remain outstanding.
  • All regulatory requirements relating to the redemption of the Redeemed Series S Preferred Shares and Redeemed Series S Depositary Shares have been satisfied by Wells Fargo & Company.

Wells Fargo Launches Signify Business Cash Mastercard®

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목요일, 5월 9, 2024

Wells Fargo & Company (NYSE: WFC) announced today the launch of Signify Business Cash World Elite Mastercard®, its new business credit card with industry-leading cash rewards.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) announced today the launch of Signify Business Cash World Elite Mastercard®, its new business credit card with industry-leading cash rewards.
  • View the full release here: https://www.businesswire.com/news/home/20240509135108/en/
    Wells Fargo Signify Business Cash Mastercard® (Graphic: Wells Fargo)
    Signify Business Cash by Wells Fargo is filling a gap that exists in today’s cash rewards business credit card market, putting value and simplicity in the hands of business owners.
  • Offering unlimited 2% cash rewards on business purchases, with no caps or categories to track, and no annual fee , Signify Business Cash provides business owners with easy-to-understand rewards and compelling value.
  • “We designed Signify Business Cash to give business owners the spending capacity they need to better manage their cash flow with the simplicity, value and transparency they want.”
    Signify Business Cash provides business owners valuable benefits and straightforward rewards:
    Additional benefits include Zero Liability protection, account alerts and digital wallets
    Signify Business Cash cardholders will have access to the Wells Fargo Business Rewards Program, which offers flexible redemption options.

Fernando Rivas to Join Wells Fargo as Co-CEO of Corporate & Investment Banking

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수요일, 5월 8, 2024

Wells Fargo & Company (NYSE: WFC) announced today that Fernando Rivas has been named SEVP and Co-CEO of Corporate & Investment Banking (CIB), reporting to Wells Fargo CEO Charlie Scharf and joining the company’s Operating Committee, effective today.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) announced today that Fernando Rivas has been named SEVP and Co-CEO of Corporate & Investment Banking (CIB), reporting to Wells Fargo CEO Charlie Scharf and joining the company’s Operating Committee, effective today.
  • Rivas and Jon Weiss, who has been CIB’s CEO since February 2020, will lead the business together.
  • View the full release here: https://www.businesswire.com/news/home/20240508507114/en/
    A Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)
    Rivas joins Wells Fargo after a nearly 30-year career at JP Morgan Chase & Company (JPMC).
  • He was most recently JPMC’s Head of North American Investment Banking.

Wells Fargo Announces Preliminary Voting Results of 2024 Annual Meeting of Shareholders

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화요일, 4월 30, 2024

Wells Fargo & Company (NYSE: WFC) announced today that its shareholders elected as directors the 13 nominees named in the company’s proxy statement, including a new independent director: Fabian T. Garcia.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) announced today that its shareholders elected as directors the 13 nominees named in the company’s proxy statement, including a new independent director: Fabian T. Garcia.
  • View the full release here: https://www.businesswire.com/news/home/20240430442738/en/
    Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)
    “I look forward to working with Fabian and the rest of the Board as we continue to transform Wells Fargo,” said Wells Fargo CEO Charlie Scharf.
  • Shareholders approved an amendment to remove supermajority voting standards from the company’s certificate of incorporation and did not approve an amendment to remove supermajority voting standards from the company’s bylaws.
  • Shareholders did not approve the eight shareholder proposals presented at the meeting.

Wells Fargo & Company Announces Common Stock Dividend

Retrieved on: 
화요일, 4월 30, 2024

Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable June 1, 2024, to stockholders of record on May 10, 2024.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable June 1, 2024, to stockholders of record on May 10, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240429610544/en/
    Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)
    Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets.
  • Wells Fargo ranked No.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Wells Fargo Reports First Quarter 2024 Financial Results

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금요일, 4월 12, 2024

Wells Fargo & Company (NYSE: WFC) has released its first quarter 2024 financial results.

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Jason M. Rosenberg to Join Wells Fargo as Head of Public Affairs

Retrieved on: 
수요일, 4월 10, 2024

Wells Fargo & Company (NYSE: WFC) announced today that Jason M. Rosenberg will join the company on April 15 as Head of Public Affairs, reporting to CEO Charlie Scharf and joining the company’s Operating Committee.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) announced today that Jason M. Rosenberg will join the company on April 15 as Head of Public Affairs, reporting to CEO Charlie Scharf and joining the company’s Operating Committee.
  • View the full release here: https://www.businesswire.com/news/home/20240410934489/en/
    As Head of Public Affairs, Rosenberg will have responsibility for the company’s Corporate Communications, Corporate Marketing, Government Relations and Public Policy, Philanthropy and Community Impact, and Sustainability groups.
  • He joins Wells Fargo from Block, Inc., which he joined in 2022 as Head of Corporate Affairs.
  • Wells Fargo’s announcement today follows its earlier announcement that William M. Daley, the company’s Vice Chairman and Head of Public Affairs since 2019, planned to retire.

World Food Championships Crown Bethany Boedicker the 11th Annual Food Champion

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목요일, 4월 18, 2024

BENTONVILLE, Ark., April 18, 2024 /PRNewswire/ -- The World Food Championships is proud to announce the winner of the 2024 World Food Championships, Bethany Boedicker. The final table was comprised of champions across 11 distinct categories, all competing over the course of two days to take home the ultimate prize of $150,000 and the title of the 11th World Food Champion. The competition took place at Brightwater: A Center for the Study of Food in Bentonville, Arkansas, where chefs Matthew Cooper, Joe "Trae" Basore III, and Timothy Ordway devised a series of challenges to determine the winner.

Key Points: 
  • BENTONVILLE, Ark., April 18, 2024 /PRNewswire/ -- The World Food Championships is proud to announce the winner of the 2024 World Food Championships, Bethany Boedicker.
  • Judges narrowed it down to a final field of just four champions – Bethany Boedicker (Dessert Champion) from Galveston, Texas; Pascal Aussignac (Vegetarian Champion) from London; John McFadden (Seafood Champion) from Australia; and Joannes Richard (Burger Champion) from France for the third and final challenge.
  • "This is a dream come true to take home the title and a life-changing prize," added World Food Champion Bethany Boedicker.
  • The 2024 World Food Championships will be held in Indianapolis, Indiana on November 8-12, with qualifying events being conducted throughout the year.