Financial District, San Francisco

Wells Fargo Investment Institute Releases 2021 Midyear Outlook: ‘Fuel for Growth’

Retrieved on: 
Tuesday, June 15, 2021
Banking, Professional services, Finance, Financial District, San Francisco, Wells Fargo, Economy of California, Companies, Banks, Wells, Wells Fargo account fraud scandal, Wells Fargo, the Wells Fargo Investment Institute, WELLS FARGO, THE WELLS FARGO INVESTMENT INSTITUTE

Wells Fargo Investment Institute (WFII) today released its 2021 Midyear Outlook: Fuel for Growth , calling for an intensified 2021-2022 U.S. economic recovery thanks to COVID-19 vaccines, expectations for accelerated spending of last years accumulated private savings, historically low interest rates, and the prospect of multiple government support programs.

Key Points: 
  • Wells Fargo Investment Institute (WFII) today released its 2021 Midyear Outlook: Fuel for Growth , calling for an intensified 2021-2022 U.S. economic recovery thanks to COVID-19 vaccines, expectations for accelerated spending of last years accumulated private savings, historically low interest rates, and the prospect of multiple government support programs.
  • View the full release here: https://www.businesswire.com/news/home/20210615005248/en/
    Wells Fargo Investment Institute 2021 Midyear Outlook: Fuel for Growth (Photo: Wells Fargo)
    There is a powerful macro mosaic at work with a steadily weakening U.S. dollar, rising commodity prices, strong global equity returns, low interest rates, a robust fiscal stimulus push, and falling equity and bond volatility, said Darrell Cronk , president of WFII and chief investment officer of Wells Fargo Wealth & Investment Management.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
  • Wells Fargo Investment Institute is a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo & Company, providing investment research, strategy, manager research, and thought leadership within the Wealth & Investment Management division, with the goal of supplying world-class advice to the companys financial and wealth advisers.

Genesis Bank (In Organization), Announces Founding Board of Directors

Retrieved on: 
Tuesday, June 15, 2021
Regions of the United States, Financial services, Finance, Financial District, San Francisco, Minneapolis, Subprime mortgage crisis, U.S. Bancorp, Wachovia, Wells Fargo

NEWPORT BEACH, Calif., June 15, 2021 /PRNewswire/ -- Genesis Bank (In Organization), announced today its Founding Board of Directors.

Key Points: 
  • NEWPORT BEACH, Calif., June 15, 2021 /PRNewswire/ -- Genesis Bank (In Organization), announced today its Founding Board of Directors.
  • Stephen H. Gordon, who founded Genesis Bank (In Organization) and will serve as the Founding Chairman of the Board and Chief Executive Officer, stated, "I'm proud to announce our founding Board of Directors.
  • Ms. Simmons, who also serves as President and Chief Operating Officer of Genesis Bank (In Organization), will serve as Vice Chair of the Board of Directors.
  • Prior to joining Opus Bank, Ms. Simmons held senior leadership positions at Union Bank, Wachovia, Wells Fargo, and Bank of America.

Callodine Commercial Finance Announces New Hires as Part of Continued Platform Expansion

Retrieved on: 
Monday, June 14, 2021
Professional services, Finance, Finance, Money, Loans, Financial District, San Francisco, Financial services, Corporate finance, Wells Fargo, Commercial finance, Asset-based lending

Callodine Commercial Finance (CCF or the firm) today announced the hiring of Kathy Dimock and Michael Watson as key additions to the firm.

Key Points: 
  • Callodine Commercial Finance (CCF or the firm) today announced the hiring of Kathy Dimock and Michael Watson as key additions to the firm.
  • Ms. Dimock will be responsible for sourcing, originating and structuring new lending investments for CCF.
  • Prior to joining CCF, Mr. Watson spent six years at Wells Fargo Capital Finance, most recently as a Director and Senior Relationship Manager in the Retail Finance Group.
  • Callodine Commercial Finance (CCF) is a provider of asset-based loans to middle market companies in the U.S. and Western Europe.

Mike Branca Joins Regions Bank to Lead Total Rewards

Retrieved on: 
Monday, June 14, 2021
Banking, Professional services, Finance, Financial District, San Francisco, Banks, Economy, Companies, Human resource management, Employment compensation, Compensation and benefits, Wells Fargo, Executive compensation, Performance management, Bank of America

Regions Bank today announced that Michael Mike Branca has been named head of Total Rewards reporting to Dave Keenan, Chief Administrative and Human Resources Officer.

Key Points: 
  • Regions Bank today announced that Michael Mike Branca has been named head of Total Rewards reporting to Dave Keenan, Chief Administrative and Human Resources Officer.
  • In this capacity, Branca will oversee the development, design and administration of Regions compensation and benefits plans, programs and practices.
  • Most recently Branca was head of Total Rewards and Performance Management for Wells Fargo with responsibility for benefits, recognition, executive compensation, incentive management, governance and performance management.
  • Previously Branca held senior roles in Compensation and Total Rewards at Bank of America and MBNA.

DGAP-News: The NAGA Group AG: NAGA Pay announces its payments arm with the launch of NAGA Pay with VISA and in partnership with Contis. NAGA Group initiated to license it's cryptocurrency division

Retrieved on: 
Monday, June 14, 2021
Money, Payment cards, Finance, Financial District, San Francisco, Visa Inc., Naga, Cryptocurrency

The NAGA Group AG: NAGA Pay announces its payments arm with the launch of NAGA Pay with VISA and in partnership with Contis.

Key Points: 
  • The NAGA Group AG: NAGA Pay announces its payments arm with the launch of NAGA Pay with VISA and in partnership with Contis.
  • NAGA Group initiated to license it's cryptocurrency division
    The issuer is solely responsible for the content of this announcement.
  • NAGA Pay announces its payments arm with the launch of NAGA Pay with VISA and in partnership with Contis.
  • NAGA Pay will offer direct payment services supported by all asset classes available on the NAGA Trading Platform.

IFB Welcomes New Chairman of the Board Carlos F. Singer

Retrieved on: 
Thursday, June 10, 2021
Financial District, San Francisco, Articles, Companies, Business, Wells Fargo, IFB, Board of directors

MIAMI, June 10, 2021 /PRNewswire-PRWeb/ -- Carlos F. Singer was appointed Chairman of the Board at the General Shareholders' Meeting of International Finance Bank.

Key Points: 
  • MIAMI, June 10, 2021 /PRNewswire-PRWeb/ -- Carlos F. Singer was appointed Chairman of the Board at the General Shareholders' Meeting of International Finance Bank.
  • Carlos has served on the Board of Directors at International Finance Bank since 2019 and chaired several Committees of the Board.
  • Prior to joining IFB, Carlos was Senior Vice President and Regional Manager for the Latin America Region of Wells Fargo Bank's Financial Institutions Group.
  • I am very excited for what the future holds at IFB with Carlos as Chairman of the Board," says CEO Jose E. Cueto.

Wells Fargo Open for Business Fund awards $1.25 million technical assistance grant to Together for L.A., focused on small business recovery & resilience

Retrieved on: 
Wednesday, June 9, 2021
Financial District, San Francisco, Economy of California, Wells Fargo, Companies, Banks, Fargo, North Dakota

This new, Wells Fargo-funded phase will launchin July 2021 and continue for a full year.

Key Points: 
  • This new, Wells Fargo-funded phase will launchin July 2021 and continue for a full year.
  • The toll the pandemic has taken on LAs small business community has been devastating.
  • The Wells Fargo Open for Business Fund grant ensures Together for L.A. can do just that."
  • As of March 2021, small business revenues in LA County are still down by more than 30%.

CSC Appoints Steve Giurlando as Head of Business Development for Delaware Trust Company

Retrieved on: 
Wednesday, June 9, 2021
Professional services, Finance, Regions of the United States, Finance, Companies, Financial District, San Francisco, BNY Mellon, Primary dealers, Subprime mortgage crisis, Wells Fargo, Trust law, Corporate trust, UBS, DELAWARE

CSC, the worlds leading provider of business, legal, tax, and digital brand services, announces the addition of Steve Giurlando to its Global Financial Markets (GFM) division , leading the corporate trust and agency business development efforts of its wholly owned subsidiary, Delaware Trust Company .

Key Points: 
  • CSC, the worlds leading provider of business, legal, tax, and digital brand services, announces the addition of Steve Giurlando to its Global Financial Markets (GFM) division , leading the corporate trust and agency business development efforts of its wholly owned subsidiary, Delaware Trust Company .
  • Hiring superior talent during this pivotal time is critical to the expansion of our Delaware Trust business, says Fisher.
  • A proven leader, Giurlando most recently was senior vice president of business development at Wells Fargo in their corporate trust division.
  • He previously held numerous leadership roles in corporate trust across operations, relationship management, and business development at BNY Mellon and U.S. Trust.

Tricor Selected by Japan Financial Services Agency (JFSA) to Lead Financial Start-up Support Program, a One-Stop for Overseas Financial Companies Entering Japan

Retrieved on: 
Wednesday, June 9, 2021
Finance, Consulting, Banking, Professional services, Human resources, Payment cards, Credit cards, Financial District, San Francisco, Visa Inc., Money, Economy of California

As the exclusive private operator of the Financial Start-up Support Program, Tricor will provide overseas financial companies with English-language incorporation and financial business license registration solutions.

Key Points: 
  • As the exclusive private operator of the Financial Start-up Support Program, Tricor will provide overseas financial companies with English-language incorporation and financial business license registration solutions.
  • Furthermore, the program extends to acclimating executives of financial companies to living and working in Japan, offering relocation services including visa administration, real estate, healthcare and education.
  • The Financial Start-up Support Program spearheaded by Tricor removes these barriers and centralizes services to streamline and simplify market entry into Japan for overseas financial companies and their executives.
  • Japan Financial Services Agency (JFSA) , said: With the help of Tricor, which operates globally and has a broad network, we will further promote our efforts to make Japan an international financial center.

Wells Fargo to Present at the Morgan Stanley Virtual U.S. Financials Conference

Retrieved on: 
Tuesday, June 8, 2021
Banking, Professional services, Insurance, Finance, Financial District, San Francisco, Economy of California, Wells Fargo, Banks, Companies, Fargo, Wells, WFC

Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Morgan Stanley Virtual U.S. Financials Conference on Tuesday, June 15, 2021, at 8 a.m. Eastern time.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Morgan Stanley Virtual U.S. Financials Conference on Tuesday, June 15, 2021, at 8 a.m. Eastern time.
  • A replay of the webcast will be available for three months.
  • Wells Fargo ranked No.
  • News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.