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PPP loan data reveals which Philadelphia-area banks did the most lending in 2021

A bank based in Berks County with just $18 billion in assets churned out more PPP loans than Chase, Wells Fargo or Bank of America......»»

Category: topSource: bizjournalsMay 11th, 2021

SFBT Tuesday Digest: S.F. staffing shortage; Wells Fargo"s $20K bonuses

Meanwhile, Marin Municipal Water District is poised to become the Bay Area’s first major water agency to institute mandatory water restrictions......»»

Category: topSource: bizjournalsApr 20th, 2021

MUFG Union Bank taps Wells Fargo veteran for key Bay Area role

The new hire supports the bank's strategy of boosting its work with middle market technology companies......»»

Category: topSource: bizjournalsFeb 24th, 2021

Warren Buffett cuts stake in Wells Fargo, trims Apple holdings and adds new stake in Chevron

The famous investor continued selling off his once-huge stake in Wells Fargo in the last three months of 2020. But he made a new investment in one Bay Area company......»»

Category: topSource: bizjournalsFeb 17th, 2021

Amid Bay Area exodus, will Wells Fargo, Uber or Chevron’s headquarters be next to go?

With Oracle moving its headquarters to Texas, there’s a growing sense that it’s only a matter of time before another major Bay Area company takes its head office out of California......»»

Category: topSource: bizjournalsDec 28th, 2020

Wave of CFO departures crests in the wake of pandemic

Since summer, CFOs at Bay Area companies including Cisco Systems, Wells Fargo, Autodesk, Dropbox and Palo Alto Networks have all announced they were finding new roles or retiring......»»

Category: topSource: bizjournalsDec 14th, 2020

How Wells Fargo Championship organizers are looking to future after a lost event this year

Thursday would have been the first day of the Wells Fargo Championship. Instead, it's another example of the many things the coronavirus pandemic has changed this year......»»

Category: topSource: bizjournalsApr 30th, 2020

TD, Wells Fargo offering bonuses to employees unable to work remotely

San Francisco-based Wells Fargo & Co. (NYSE: WFC), one of the banks with the largest share of deposits in the D.C. area, is offering bonuses to employees to help offset financial hardships created by the spread of coronavirus. Wells Fargo said Mo.....»»

Category: topSource: bizjournalsMar 25th, 2020

Wells Fargo to temporarily shutter local branches, give cash awards

Wells Fargo & Co. (NYSE: WFC) is temporarily closing more branches in North Carolina, including in the Charlotte area. The bank said the move will help cut down on the spread of coronavirus, or COVID-19. About 20 branches in the greater Charlotte re.....»»

Category: topSource: bizjournalsMar 24th, 2020

Wells Fargo to close some branches in Bay Area and beyond amid coronavirus outbreak

The diminishing role of bank branches is evident in the speed with which banks are closing some branches amid the contagion......»»

Category: topSource: bizjournalsMar 19th, 2020

PGA Tour cancels annual Wells Fargo Championship at Quail Hollow over coronavirus

Charlotte’s PGA Tour event was canceled Tuesday as part of a wave of tournaments washed away by the coronavirus epidemic extending to at least the middle of May. All tournaments through the AT&T Byron Nelson in Dallas — May 4-10 — have been.....»»

Category: topSource: bizjournalsMar 17th, 2020

Alarm bells ring for Bay Area economy as coronavirus looms

"In the Bay Area, the tide comes in higher, so you have more people swimming naked as they’re leasing space and hiring a lot of employees," a Wells Fargo economist said, in reference to a famous Warren Buffett quote......»»

Category: topSource: bizjournalsMar 11th, 2020

Wells Fargo gives millions in grants to help minority-owned businesses

Wells Fargo Bank NA has awarded grants through its diverse community capital program to two Phoenix-based nonprofits that provide loans for minority-owned businesses. The San Francisco-based Wells Fargo (NYSE: WFC) awarded the National Association fo.....»»

Category: topSource: bizjournalsFeb 25th, 2020

One of area"s largest banks agrees to $3B settlement over sales scandal

Wells Fargo & Co. — the third-largest bank in Central Florida — has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The settlement resolves criminal and civil inv.....»»

Category: topSource: bizjournalsFeb 24th, 2020

Meet the mentors: Local women to offer coaching, business advice at CBJ event

A pair of retail entrepreneurs whose brand has become a sensation. A high-ranking executive with Wells Fargo & Co. Two executives from the Charlotte Hornets — one who manages the uptown arena and another who guides the organization's foundation......»»

Category: topSource: bizjournalsFeb 17th, 2020

Here"s what this executive has done to help grow area bank

She is one of two local market presidents for Wells Fargo......»»

Category: topSource: bizjournalsFeb 14th, 2020

Union Bank names new regional president in the Bay Area

The new executive has deep roots in California banking, having started as a teller at Wells Fargo and later joining Bank of America......»»

Category: topSource: bizjournalsNov 18th, 2019

Warren Buffett’s Berkshire Hathaway takes stake in Bay Area retailer, trims Apple, Wells Fargo

Berkshire Hathaway disclosed Thursday that it bought a 1.2-million-share stake in luxury furniture retailer RH, formerly known as  Restoration Hardware, during the third quarter, sending the Corte Madera retailer’s shares up 7% in after-hours trad.....»»

Category: topSource: bizjournalsNov 15th, 2019

Wells Fargo to lay off hundreds in San Francisco area — will they land in Charlotte?

Wells Fargo & Co. said Friday that it will lay off 350 people at an office in the San Francisco area, saying that it wanted to boost efficiency as the bank's lease on the space was ending. “Wells Fargo has made the difficult decision to close our Con.....»»

Category: topSource: bizjournalsOct 22nd, 2019

3 things to know from Overwatch League Grand Finals in Philadelphia (Photos)

Philadelphia hosted its first major Esports event on Sunday, drawing a sell out crowd to the Wells Fargo Center and further solidifying the city's place in the burgeoning video game industry. The San Francisco Shock swept newcomer Vancouver Titans.....»»

Category: topSource: bizjournalsSep 30th, 2019