WFC

Wells Fargo to Present at the Barclays Global Financial Services Conference

Retrieved on: 
Tuesday, September 5, 2023

Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Barclays Global Financial Services Conference on Tuesday, Sept. 12, 2023 at 7:30 a.m.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Barclays Global Financial Services Conference on Tuesday, Sept. 12, 2023 at 7:30 a.m.
  • ET.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20230905324971/en/
    A replay of the webcast will be available for three months following the presentation.

'The Big Homecoming' and Wells Fargo Kick-off Year Two of Relationship To Create Ongoing Impact For HBCUs

Retrieved on: 
Thursday, August 31, 2023

The Big Homecoming authentically celebrates the culture of HBCUs while creating ongoing impact for scholars.

Key Points: 
  • The Big Homecoming authentically celebrates the culture of HBCUs while creating ongoing impact for scholars.
  • Wells Fargo (NYSE: WFC) and The Big Homecoming were able to provide over $100,000 in scholarships to students during the 2022-2023 TBH365 Impact Tour.
  • Wells Fargo's team led financial empowerment workshops to financially equip students to build wealth, start businesses and learn more about investing.
  • The Big Homecoming Music & Culture festival is slated for May 4, 2024
    "The Big Homecoming was created to be more than an annual festival.

MODELOP TO HOST ANNUAL SUMMIT ADDRESSING URGENT RISKS OF AI GOVERNANCE IN THE AGE OF GENERATIVE AI

Retrieved on: 
Wednesday, August 30, 2023

CHICAGO, Aug. 30, 2023 /PRNewswire/ -- ModelOp, the world's leading AI Governance platform, is pleased to announce its annual AI Governance Leadership Summit. The virtual summit will be held on Tuesday, September 26; registrants are advised to reserve admission early.

Key Points: 
  • CHICAGO, Aug. 30, 2023 /PRNewswire/ -- ModelOp, the world's leading AI Governance platform, is pleased to announce its annual AI Governance Leadership Summit .
  • This event, convening a community of AI, governance, risk, compliance, data, and security leaders from Fortune 500 companies and leading universities, will explore trends, strategies, and best practices on how to approach and implement AI Governance while navigating the challenges and opportunities related to generative AI.
  • Speaker information is available on the summit website, with more to be revealed by ModelOp in the lead–up to the event.
  • The AI Governance Leadership Summit comes on the heels of the company's ModelOp Center version 3.2 release , the first commercially available software that enables enterprises to safeguard LLMs and generative AI without stifling innovation.

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Retrieved on: 
Friday, August 18, 2023

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

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced dividends on eight series of preferred stock.
  • A quarterly cash dividend of $365.63 per share was declared on its 5.85% fixed-to-floating noncumulative perpetual class A preferred stock, Series Q, liquidation preference $25,000 per share.
  • A quarterly cash dividend of $414.06 per share was declared on its 6.625% fixed-to-floating noncumulative perpetual class A preferred stock, Series R, liquidation preference $25,000 per share.
  • 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 Announces Full Redemption of its Series Q Preferred Stock and Related Depositary Shares

Retrieved on: 
Thursday, August 10, 2023

Wells Fargo & Company (NYSE: WFC) today announced that on Sept. 15, 2023, it will redeem all 69,000 shares (the “Redeemed Series Q Preferred Shares”) of its 5.85% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series Q (the “Series Q Preferred Stock”).

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced that on Sept. 15, 2023, it will redeem all 69,000 shares (the “Redeemed Series Q Preferred Shares”) of its 5.85% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series Q (the “Series Q Preferred Stock”).
  • The redemption of the Redeemed Series Q Preferred Shares will trigger the redemption of the 69,000,000 shares of the related depositary shares (the “Redeemed Series Q Depositary Shares”), each representing a 1/1,000 interest in a share of Series Q Preferred Stock (the “Series Q Depositary Shares”) (NYSE: WFC.PRQ).
  • After giving effect to the redemption, no shares of the Series Q Preferred Stock or the Series Q Depositary Shares will remain outstanding.
  • All regulatory requirements relating to the redemption of the Redeemed Series Q Preferred Shares and Redeemed Series Q Depositary Shares have been satisfied by Wells Fargo & Company.

Levi & Korsinsky LLP notifies shareholders of KHC, WFC, EXC, TV of pending class action settlements

Retrieved on: 
Monday, August 7, 2023

NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky informs shareholders of KHC, WFC, EXC, TV that a settlement has been reached in a pending class action lawsuit against each of these companies.

Key Points: 
  • NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky informs shareholders of KHC, WFC, EXC, TV that a settlement has been reached in a pending class action lawsuit against each of these companies.
  • Wells Fargo & Company (NYSE: WFC) - A settlement was reached in the class action settlement against Wells Fargo & Company in which a settlement fund of $1,000,000,000 was created for the benefit of class members.
  • (NYSE: TV) - A settlement was reached in the class action settlement against Grupo Televisa in which a settlement fund of $95,000,000 was created for the benefit of class members.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Wells Fargo & Company Increases Common Stock Dividend and Announces New $30 Billion Common Stock Repurchase Program

Retrieved on: 
Tuesday, July 25, 2023

Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable Sept. 1, 2023, to stockholders of record on Aug. 4, 2023.

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 Sept. 1, 2023, to stockholders of record on Aug. 4, 2023.
  • The third quarter dividend represents an increase of $0.05 per share from the prior quarter.
  • View the full release here: https://www.businesswire.com/news/home/20230725290500/en/
    The Wells Fargo board of directors also authorized a new common stock repurchase program of up to $30 billion.
  • The program will be executed consistent with the company’s internal capital adequacy framework that considers current market conditions, potential changes to regulatory capital requirements, and other risk factors.

Levi & Korsinsky LLP notifies shareholders of KHC, WFC, EXC, TV of pending class action settlements

Retrieved on: 
Tuesday, July 25, 2023

NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky informs shareholders of KHC, WFC, EXC, TV that a settlement has been reached in a pending class action lawsuit against each of these companies.

Key Points: 
  • NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky informs shareholders of KHC, WFC, EXC, TV that a settlement has been reached in a pending class action lawsuit against each of these companies.
  • Wells Fargo & Company (NYSE: WFC) - A settlement was reached in the class action settlement against Wells Fargo & Company in which a settlement fund of $1,000,000,000 was created for the benefit of class members.
  • (NYSE: TV) - A settlement was reached in the class action settlement against Grupo Televisa in which a settlement fund of $95,000,000 was created for the benefit of class members.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Wells Fargo Reports Second Quarter 2023 Financial Results

Retrieved on: 
Friday, July 14, 2023

Wells Fargo & Company (NYSE: WFC) has released its second quarter 2023 financial results.

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Wells Fargo to Announce Second Quarter 2023 Earnings on July 14, 2023

Retrieved on: 
Wednesday, July 5, 2023

Wells Fargo & Company (NYSE: WFC), as previously announced, will report its second quarter 2023 earnings results on Friday, July 14, 2023, at approximately 7:00 a.m. Eastern time.

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