Wells Fargo & Co. Stock News

HOUSTON, Nov. 10, 2026 /PRNewswire/ -- DRW Energy Trading LLC ("DRW Energy Trading"), the energy marketing and trading subsidiary of DRW, today announced the closing of its upsized $1 billion revolving credit facility.  The facility comprises a two-year, $600 million committed tranche and a one-year, $400 million uncommitted tranche, with an additional $400 million accordion feature.

Philip Saliba, who was head of restructuring capital markets at Deutsche Bank, will join leveraged finance at Wells Fargo.

U.S. banks tightened lending standards for small firms and major commercial real estate loan categories during the third quarter, according to a new Federal Reserve bank lending survey. Lenders highlighted less favorable or more uncertain economic conditions and worsening industry-specific problems.

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.50 per share, payable Dec. 1, 2026, to stockholders of record on Nov. 6, 2026. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.3 trillion in assets. We provide a diversified...

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that Kleber Santos will become CEO of Consumer Banking and Lending (CBL), and Saul Van Beurden will focus exclusively on leading AI across Wells Fargo. The two executives have served as co-CEOs of CBL since its formation last year, while Van Beurden also established and has led the company's AI efforts. “We have s...

Higher-quality cyclicals could perform solidly even if the economy goes into recession.

New asset-based revolving credit and FILO facilities enhance financial flexibility and support Belk's continued investment in its customers, stores and omnichannel platform CHARLOTTE, N.C., Oct. 20, 2026 /PRNewswire/ -- Belk, Inc. ("Belk" or the "Company"), a leading regional department store serving communities across the Southeastern United States, today announced the closing of $1.275 billio...

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced that Cayetano Gea-Carrasco is joining the company as head of AI and Data for Consumer Banking and Lending.