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ronald wesley maly (Free subscription) | 8 hours ago
It was a day for Scott Pierce to wonder: Ron: "Here's a question. Which will come first? The end of the civilized world as we know it, OR the Iowa Stars' banner will come down from the outside of Wells-Fargo Arena [see the southside off of 2nd Street]." I told Pierce I don't get downtown much anymore, and I've been to Wells-Fargo Arena just twice -- once for a collegiate basketball doubleheader and...
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Business Wire (Free subscription) | 22 hours ago
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken various rating actions on the seven Wells Fargo transactions listed below: --Wells Fargo Alternative Loan 2005-1;
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The Earth Times Online Newspaper (Free subscription) | 08/05/2008
NEW YORK - Fitch Ratings has taken numerous rating actions on the 98 Wells Fargo Asset Securities Corporation Prime RMBS transactions listed below: --WFMBS 2005-2 Group 1; --WFMBS 2005-2 Group 2; --WFMBS 2005-3; --
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Business Wire (Free subscription) | 08/05/2008
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken numerous rating actions on the 98 Wells Fargo Asset Securities Corporation Prime RMBS transactions listed below:
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Payment News (Free subscription) | yesterday
Glenbrook’s Carol Coye Benson recently interviewed Stephanie Sturgis-Griffin, the newly named CEO of Pariter Solutions, the Wells Fargo and Bank of America joint venture for ACH processing announced in May. According to the announcement press release, Pariter will be “the country’s largest processor of ACH payments."
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The San Francisco Business Times (Free subscription) | 08/05/2008
Staffing company Westaff Inc. made a forbearance deal with U.S. Bank and Wells Fargo because it was in default on loans from them. (WSTF)
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The Earth Times Online Newspaper (Free subscription) | 08/05/2008
WALNUT CREEK, Calif. - Westaff, Inc. (NASDAQ:WSTF), a leading provider of staffing services, announced today that it has entered into a Forbearance Agreement with U.S. Bank National Association and Wells Fargo Bank, National Association, effective July 31, 2008. This agreement relates to ban
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Valleywag (Free subscription) | 08/05/2008
Appropriately named First Wind, a wind-generation startup based in Newton, MA with $230 million invested from the likes of JP Morgan, Wells Fargo, DE Shaw and Madison Dearborn Partners which operates... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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The Daily Bellwether (Free subscription) | 08/05/2008
CINCINNATI (TDB) -- An amended complaint seeking class-action status for current and former employees of Wells Fargo Financial and Wells Fargo Financial Acceptance was filed July 29 in Cincinnati federal court. The lawsuit contends workers in Ohio employed by units of the giant banking company in San Francisco (NYSE:WFC) were denied overtime pay they were eligible for under the Fair Labor Standards...
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Payment News (Free subscription) | 08/04/2008
Wells Fargo Financial National Bank, a subsidiary of Wells Fargo & Company, has launched a new revolving consumer credit card program for the jewelry industry called Wells Fargo Jewelry Advantage. The new credit card program offers "jewelry retailers prompt, automated decisions and easy-to-use online processing and reporting."
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Deseret Morning News (Free subscription) | 08/04/2008
Bank personnel in the Wells Fargo branch at 405 S. Main got a scare just before closing time Friday.
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Financial Services (Free subscription) | 08/04/2008
Wells Fargo Names Brian Hetherington to Senior Management Team in …MarketWatch - 1 hour agoHetherington previously served as Executive Vice President and Managing Director of Property and Casualty Services for ABD Insurance and Financial Services …
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Seeking Alpha (Free subscription) | 08/01/2008
FP Trading Desk submits: Auto financing companies want out of the leasing business. Chrysler (DMX) Credit said it is getting out of the leasing game entirely, Ford Motor Co.’s (F) credit arm and GMAC are tightening leasing rules, and independent financers like Wells Fargo (WFC) are no longer interested either. The reason? High borrowing costs, write-downs of existing lease portfolios and continued...
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Seeking Alpha (Free subscription) | 08/01/2008
“U.S. homeowners who defaulted last month outnumbered those who caught up on payments, signaling the housing recession deepened even as Bank of America Corp., Wells Fargo & Co. and other lenders sought to help borrowers.,” writes Josh Hamilton at Bloomberg . The “housing recession deepened” . . . sounds gloomy! Say, wait a minute. I’ll bet defaults outnumber cures most months, especially lately. In...
