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Wells Fargo & Co. - WFC STOCK NEWS

Welcome to our dedicated news page for Wells Fargo & Co. (Ticker: WFC), a resource for investors and traders seeking the latest updates and insights on Wells Fargo & Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wells Fargo & Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wells Fargo & Co.'s position in the market.

Rhea-AI Summary
Centerbridge Partners and Wells Fargo are launching Overland Advisors, a new business development company focused on direct lending to non-sponsor North American middle market companies. Overland aims to raise a minimum of $5 billion in investible capital, with anchor investors ADIA and BCI committing nearly $2 billion. The strategic relationship includes origination sourcing from Wells Fargo's middle market customer base. Overland expects to offer a differentiated client experience by leveraging Centerbridge's private credit expertise and Wells Fargo's relationships and position in the middle market. Wells Fargo will be a minority investor in Overland.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.19%
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none
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Rhea-AI Summary
Thomas R. Nides appointed as Vice Chairman of Wells Fargo, will have a broad role across the company, including advising senior management and overseeing Public Affairs function.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.58%
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none
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Rhea-AI Summary
Wells Fargo Foundation awards $1.4 million in grants to Rebuilding Together for home repairs and safety modifications in 49 communities across the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
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none
Rhea-AI Summary
Wells Fargo launches Stock Fractions, allowing clients to buy fractions of a company's stock for as little as $10.00
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
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none
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Rhea-AI Summary
Woman Evolve conference showcases women's economic impact with estimated overall economic impact of $35 million in Arlington and Dallas-Fort Worth area.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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none
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Rhea-AI Summary
Nasdaq Entrepreneurial Center and Wells Fargo expand Milestone Circles program, aiming to serve 4,000 women by next year. Record demand and challenging funding environment drive program's growth. Free program supported by $3.7M investment from Wells Fargo Foundation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
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none
Rhea-AI Summary
Wells Fargo sponsors AREAA's Housing Affordability initiative to promote sustainable homeownership in AANHPI communities
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
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none
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Rhea-AI Summary
Wells Fargo's vice chairman of Public Affairs, William M. Daley, will retire at the end of this year. Daley's leadership has strengthened the company's relationships with communities and improved its reputation. Wells Fargo will announce leadership plans for its Public Affairs group at a future date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
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none
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Rhea-AI Summary
More Black women-owned businesses are being founded and growing quickly, outpacing other businesses. Black women-owned businesses grew 32.7% between 2019 and 2023, compared to 12.1% growth for all women-owned businesses. Average revenue among Black women-owned businesses increased 35.3% between 2019 and 2023. Wells Fargo has launched the $420 million Open for Business Fund to expand financing opportunities for women- and Black-owned businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
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none
Rhea-AI Summary
CURO Group Holdings Corp. announces appointment of Bob Hurzeler to its Board of Directors and completion of sale of its Canadian point-of-sale business. Net proceeds of approximately C$39 million received at closing. Additional C$25-30 million expected in late 2023 and up to C$4 million in subsequent periods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
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none
Wells Fargo & Co.

NYSE:WFC

WFC Rankings

WFC Stock Data

197.74B
3.49B
0.08%
77.89%
1.12%
Commercial Banking
Finance and Insurance
Link
US
Bardstown

About WFC

Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide.