Search Results for: Wells Fargo

Wells Fargo Launches $400 Million Small Business Recovery Effort
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Wells Fargo Launches $400 Million Small Business Recovery Effort

Fintech News Desk
Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild. Through Wells Fargo’s new Open for Business......
Wells Fargo Joins ICE ETF Hub for Enhanced Access to the ETF Primary Market
Fintech News

Wells Fargo Joins ICE ETF Hub for Enhanced Access to the ETF Primary Market

Fintech News Desk
Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, announced that Wells Fargo has become an authorized participant on ICE ETF Hub and has joined the platform’s advisory committee. An Authorized Participant is an institutional firm authorized by an ETF issuer......
Wells Fargo Invests in Six Black-Owned Bank
Fintech Investment Services News

Barry Sommers Named Wells Fargo Wealth & Investment Management CEO

Fintech News Desk
Wells Fargo & Company announced that Barry Sommers will join the company as CEO of Wealth & Investment Management (WIM) on June 22, reporting to CEO Charlie Scharf. Sommers will have responsibility for the company’s delivery of wealth management, investment, and retirement products and services to clients through its U.S.-based......
iCapital Network Acquires Wells Fargo Alternative Investments Feeder Fund Platform
Fintech Investment Services News

iCapital Network Acquires Wells Fargo Alternative Investments Feeder Fund Platform

Fintech News Desk
 iCapital Network, the leading financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced it has entered into an agreement to acquire the alternative investments feeder fund platform from Wells Fargo’s Global Alternative Investments (GAI) division. As a part of the transaction,......
Wells Fargo Launches WellsOne® Virtual Card Payments Service
Business Fintech Fintech Funding News

Wells Fargo Foundation Expands Free Virtual Financial Coaching to Help with COVID-19 Hardships

Fintech News Desk
With record numbers of U.S. adults filing for unemployment, and many people facing a lower income amid COVID-19, the Wells Fargo Foundation is supporting national nonprofits in expanding virtual financial coaching services, cost-free, to help the public adapt in these challenging times. These efforts are part of the Wells Foundation’s $175 million commitment to......
Wells Fargo Names Kleber Santos as Head of Diverse Segments, Representation and Inclusion
Banking Business Fintech News Risk Management

Wells Fargo Corporate Risk Announces Enhanced Organizational Structure and New Leaders

Fintech News Desk
Wells Fargo & Company announced the appointment of two new Corporate Risk leaders and an enhanced organizational structure designed to provide greater oversight of all risk-taking activities and a more comprehensive view of risk across the company. The new risk model will have five line-of-business Chief Risk Officers (CROs) along......
AIG to Virtually Participate in the Wells Fargo Financial Services Investor Forum and Deutsche Bank Global Financial Services Conference
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AIG to Virtually Participate in the Wells Fargo Financial Services Investor Forum and Deutsche Bank Global Financial Services Conference

Fintech News Desk
American International Group, announced its virtual participation in the following upcoming financial conferences: Sabra Purtill, Senior Vice President, Deputy Chief Financial Officer, Treasurer, Head of Investor and Rating Agency Relations, will participate in a fireside chat at the Wells Fargo Financial Services Investor Forum on Wednesday, May 20, 2020 at......
Wells Fargo Names Sean Passmore Head of Military Talent External Recruiting and Enterprise Military and Veteran Initiatives
Business Fintech News

Wells Fargo Names Sean Passmore Head of Military Talent External Recruiting and Enterprise Military and Veteran Initiatives

Fintech News Desk
Wells Fargo & Company announced that Sean Passmore will join the company as the new head of military talent external recruiting and enterprise military and veteran initiatives, responsible for developing national relationships with the military and veteran community and overseeing Wells Fargo’s Military Affairs Program, created in 2012. Passmore will......
Wells Fargo Makes Strategic Investment in DadeSystems
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Wells Fargo Makes Strategic Investment in DadeSystems

Fintech News Desk
The New Investment Will Support the Company’s Growth and Enhance Its Award-Winning Integrated Receivables Platform DadeSystems, a leading Fintech provider of integrated receivables solutions, announced additional funding provided by Wells Fargo Strategic Capital as part of a Series D financing round. This new investment will support the growth of DadeSystems’......
Finzly Appoints Financial Services Veteran Patrick Szewczyk as Chief Product Officer
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Finzly Appoints Financial Services Veteran Patrick Szewczyk as Chief Product Officer

PR Newswire
Szewczyk joins Finzly, bringing over 35 years of expertise in product innovation and strategic growth from leading U.S. banks. Finzly, Inc., a leader in innovative payment and financial solutions, today announced the appointment of Patrick Szewczyk as Chief Product Officer. With over 35 years of experience in financial services and......
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