Economy of California

Wells Fargo Offers Distinct Approaches for Millennials, Gen Xers, Baby Boomers Who Are Preparing for Retirement

Retrieved on: 
Tuesday, April 30, 2019
Professional services, Banking, Finance, Other Professional Services, Financial District, San Francisco, Wells Fargo, Fargo, WFC, Economy of California, Finance, Companies, Professional services, Banking, Finance, Other Professional Services, Financial District, San Francisco, Wells Fargo, Fargo, WFC, Economy of California, Finance, Companies

Baby boomers may want to maintain a higher allocation to equities during retirement, depending on their risk tolerance, McMillion said.

Key Points: 
  • Baby boomers may want to maintain a higher allocation to equities during retirement, depending on their risk tolerance, McMillion said.
  • 1 - 2018 Wells Fargo Retirement Study , October 15, 2018
    Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets.
  • News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories .
  • Wells Fargo Investment Institute, Inc. is a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo & Company.

Wells Fargo To Host Summit For Successful Women Entrepreneurs

Retrieved on: 
Thursday, April 25, 2019
Financial District, San Francisco, Wells Fargo, Charlotte, North Carolina, Fargo, Economy of California, California, Companies, Wells Fargo History Museum, Loomis

The daylong event will be held on April 30, the day before the start of the WPO Annual Conference,in Charlotte, North Carolina, at Wells Fargo.

Key Points: 
  • The daylong event will be held on April 30, the day before the start of the WPO Annual Conference,in Charlotte, North Carolina, at Wells Fargo.
  • "Wells Fargo recognizes the significant and growing power of women-owned businesses and their profound impact on the nation's economy.
  • "Wells Fargo has a deep history of supporting women-owned businesses and providing women access to capital and financial services.
  • News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Wells Fargo & Company Announces Common Stock Dividend

Retrieved on: 
Tuesday, April 23, 2019
Professional services, Banking, Finance, Financial District, San Francisco, Wells Fargo, WFC, Fargo, Dividend, Finance, Economy of California, Companies

Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.45 per share, payable June 1, 2019 to stockholders of record on May 10, 2019, as approved today by the Wells Fargo board of directors.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.45 per share, payable June 1, 2019 to stockholders of record on May 10, 2019, as approved today by the Wells Fargo board of directors.
  • Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets.
  • With approximately 262,000 team members, Wells Fargo serves one in three households in the United States.
  • Wells Fargo & Company was ranked No.

Lucid Motors Appoints Peter Rawlinson as CEO

Retrieved on: 
Tuesday, April 23, 2019
Peter Rawlinson, Lucid Motors, Automotive industry, Lucid Inc., Lucid, Economy of the United States, Nikola Tesla, Rawlinson, Economy of California

NEWARK, Calif., April 23, 2019 /PRNewswire/ -- Lucid Motors today announced that its Board of Directors has appointed Peter Rawlinson as CEO, effective immediately.

Key Points: 
  • NEWARK, Calif., April 23, 2019 /PRNewswire/ -- Lucid Motors today announced that its Board of Directors has appointed Peter Rawlinson as CEO, effective immediately.
  • Since joining Lucid in 2013, Rawlinson has held the position of Chief Technology Officer, being responsible for all design and engineering activities, including Lucid's first car, the all-electric Lucid Air luxury sedan.
  • Prior to Lucid, Rawlinson was Vice President of Vehicle Engineering and Chief Engineer of the Model S at Tesla.
  • Rawlinson said, "It is an honor to be appointed CEO of Lucid at such an exciting time for the company and the industry.

Jeffrey R. Germain Named One of Barron's Top Financial Advisors in America 2019

Retrieved on: 
Monday, April 15, 2019
Financial District, San Francisco, Wells Fargo, Fargo, Companies, Finance, Economy of California, Wells Fargo account fraud scandal

LOS ANGELES, April 15, 2019 /PRNewswire/ --Jeffrey R. Germain, Senior Financial Advisor of Wells Fargo Advisors in Los Angeles, CA, has been included in Barron's list of "2019 America's Top 1200 Financial Advisors."

Key Points: 
  • LOS ANGELES, April 15, 2019 /PRNewswire/ --Jeffrey R. Germain, Senior Financial Advisor of Wells Fargo Advisors in Los Angeles, CA, has been included in Barron's list of "2019 America's Top 1200 Financial Advisors."
  • The team was established in 1992 and cumulatively has 80 years of experience in the financial services industry.
  • With $1.4 trillion in client assets as of April 15, 2019, Wells Fargo provides investment advice and guidance to clients through nearly 14,000 full-service financial advisors and 5,000 licensed bankers.
  • Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC (members SIPC).

Western Digital Showcases Faster, Smarter Workflows at NAB 2019

Retrieved on: 
Thursday, April 4, 2019
Entertainment, TV and Radio, Technology, Consumer electronics, Data management, Electronic design automation, Hardware, Internet, Networks, Software, Audio, Video, Nanotechnology, Photography, Security, Semiconductor, General Entertainment, Mobile, Wireless, SanDisk, Western Digital, Economy of California, California, Companies, G-Technology, WD

G-Technology improves the efficiency of digital workflows and protects their high-value media with a wide range of storage solutions that enable creators to push the boundaries of whats possible.

Key Points: 
  • G-Technology improves the efficiency of digital workflows and protects their high-value media with a wide range of storage solutions that enable creators to push the boundaries of whats possible.
  • Western Digital data-centric solutions are marketed under the Western Digital, G-Technology, SanDisk, Upthere and WD brands.
  • 2019 Western Digital Corporation or its affiliates.
  • Western Digital, the Western Digital logo, G-Technology, SanDisk, Upthere, WD, ActiveScale, ArmorATD, G-DRIVE, G-RAID, G-SPEED, IntelliFlash, OpenFlex and Ultrastar are registered trademarks or trademarks of Western Digital Corporation or its affiliates in the US and/or other countries.

Wells Fargo CEO and President Tim Sloan to Retire; Board of Directors Elects Allen Parker as Interim CEO and President

Retrieved on: 
Thursday, March 28, 2019
Professional services, Banking, Finance, Wells Fargo, Financial District, San Francisco, Timothy J. Sloan, C. Allen Parker, Sloan, Economy of California, Finance, Businesspeople

The Board has elected C. Allen Parker, who served as the Companys General Counsel, as interim CEO and President (and member of the Board), effective immediately.An external search process will now begin for the Companys new CEO and President.

Key Points: 
  • The Board has elected C. Allen Parker, who served as the Companys General Counsel, as interim CEO and President (and member of the Board), effective immediately.An external search process will now begin for the Companys new CEO and President.
  • Wells Fargo Board Chair Betsy Duke said, Tim Sloan has served this Company with pride and dedication for more than 31 years, including in his role as CEO since October 2016.
  • He has worked tirelessly over this period for all of our stakeholders in the best long-term interest of Wells Fargo.
  • Parker, 64, served as Senior Executive Vice President and General Counsel at Wells Fargo from March 2017 to March 2019.

Wells Fargo Asset Management Announces Changes to Global Dividend Opportunity Fund and Utilities and High Income Fund Portfolio Management Teams

Retrieved on: 
Monday, March 18, 2019
Professional services, Banking, Finance, Financial District, San Francisco, Wells Fargo, Fargo, Economy of California, Companies, Finance, Companies listed on the New York Stock Exchange, Evergreen Investments

Niklas Nordenfelt, CFA; Timothy OBrien, CFA; and Philip Susser will continue their roles as portfolio managers for the Wells Fargo Utilities and High Income Fund.

Key Points: 
  • Niklas Nordenfelt, CFA; Timothy OBrien, CFA; and Philip Susser will continue their roles as portfolio managers for the Wells Fargo Utilities and High Income Fund.
  • WFAM is an indirect wholly owned subsidiary of Wells Fargo & Company and an affiliate of Wells Fargo Funds Management, LLC, the investment advisor to the Wells Fargo Global Dividend Opportunity Fund and the Wells Fargo Utilities and High Income Fund.
  • Crow Point Partners and Wells Capital Management Incorporated are subadvisors to the closed-end Wells Fargo Global Dividend Opportunity Fund and Wells Fargo Utilities and High Income Fund.
  • Wells Fargo Asset Management (WFAM) is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company.

Wells Fargo Donated $35.8 Million to Support North Carolina Nonprofits in 2018

Retrieved on: 
Friday, March 15, 2019
Education, Other Education, Small business, Philanthropy, Professional services, Banking, Finance, Construction & Property, Residential Building & Real Estate, Fund Raising, Financial District, San Francisco, Wells Fargo, Fargo, Nonprofit organization, Organizations, Economy of California, Economy, Fargo, North Dakota

Wells Fargo today announced the company donated more than $35.8 million to local nonprofits, schools and community organizations in 2018 to help the communities and people of North Carolina.

Key Points: 
  • Wells Fargo today announced the company donated more than $35.8 million to local nonprofits, schools and community organizations in 2018 to help the communities and people of North Carolina.
  • In addition, Wells Fargo team members in North Carolina showed their commitment by logging 237,800 volunteer hours with nonprofits, schools and community organizations, and by donating more than $13.2 million.
  • Wells Fargo has a rich history of community support across the country and here in North Carolina, said Juan Austin of Wells Fargo Community Relations.
  • In 2018, Wells Fargo donated more than $444 million to nearly 11,000 nonprofits in support of affordable housing, small business growth, financial education, and sustainability, among other community needs.

Wells Fargo CEO Outlines Company Transformation at Congressional Hearing

Retrieved on: 
Tuesday, March 12, 2019
Public policy, Government, Congressional News, Views, Other Government, White House, Federal Government, Professional services, Banking, Finance, Wells Fargo, Financial District, San Francisco, Timothy J. Sloan, Sloan, Fargo, Economy of California, Finance, Businesspeople, Wells Fargo account fraud scandal

In opening remarks today, Wells Fargo CEO and President Tim Sloan shared with the U.S. House Committee on Financial Services the many ways that Wells Fargo has become a better bank through the ongoing transformation of its operations, leadership and culture.

Key Points: 
  • In opening remarks today, Wells Fargo CEO and President Tim Sloan shared with the U.S. House Committee on Financial Services the many ways that Wells Fargo has become a better bank through the ongoing transformation of its operations, leadership and culture.
  • Sloan outlined how Wells Fargo is making things right with customers who were harmed, how the company continues to strengthen risk management and controls, and how Wells Fargos culture has improved since he became CEO in 2016.
  • Sloan told the committee that Wells Fargo is compensating retail bank customers who were impacted by past retail sales practices issues.
  • For example, the company introduced a simpler, more focused Vision, Values & Goals of Wells Fargo booklet to make it easier for team members and customers to understand what guides Wells Fargo.