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<title>Wells Fargo Bank updates from Morningstar</title>
<link><![CDATA[http://www.morningstar.com/topics/finance/banks/wells-fargo-bank.htm]]></link>
<pubDate><![CDATA[Wed, 19 Jun 2013 21:14:07 EDT]]></pubDate>
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<title><![CDATA[Wells Fargo Bank]]></title>
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<link><![CDATA[http://www.morningstar.com/topics/finance/banks/wells-fargo-bank.htm]]></link>
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<title><![CDATA[Wells Fargo ([[WFC]] +1.3%) is a rare big-cap in the green, with news Warren Buffett added 17.3M shares to Berkshire's stake in the company (total now 439.8M) not hurting. Wells has now surpassed ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/71325208/wells-fargo-wfc-1-3-is-a-rare-big-cap-in-the-green-with-news-warren-buffett-added-17-3m-shares-to-berkshire-s-stake-in-the-company-total-now-439-8m-not.htm?pageid=218664]]></link>
<pubDate><![CDATA[Thu, 21 Feb 2013 15:26:08 EST]]></pubDate>
<description>Wells Fargo ( WFC +1.3% ) is a rare big-cap in the green, with news Warren Buffett added 17.3M shares to Berkshire's stake in the company (total now 439.8M) not hurting. Wells has now surpassed Coca-Cola as Berkshire's largest holding. Post your comment!</description>
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<title><![CDATA[After generating 12 consecutive quarters of EPS growth, will Wells Fargo (WFC) produce a 13th? A questioner at Wells' presentation at the Citi Financial Services Conference notes Q1 estimates are for ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/71764530/after-generating-12-consecutive-quarters-of-eps-growth-will-wells-fargo-wfc-produce-a-13th-a-questioner-at-wells-presentation-at-the-citi-financial-services.htm?pageid=218664]]></link>
<pubDate><![CDATA[Tue, 5 Mar 2013 08:34:17 EST]]></pubDate>
<description>After generating 12 consecutive quarters of EPS growth, will Wells Fargo ( WFC ) produce a 13th? A questioner at Wells' presentation at the Citi Financial Services Conference notes Q1 estimates are for $0.88/share vs. Q4 earnings of $0.91. Whatever the earnings are, says CFO Tim Sloan, they won't ...</description>
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<title><![CDATA[CIT Group (CIT) would be an attractive acquisition target for Wells Fargo (WFC), suggests Stifel Nicolaus' Chris Mutascio. Wells' low cost of funds would make a nice combination with CIT's $35B in ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/63736662/cit-group-cit-would-be-an-attractive-acquisition-target-for-wells-fargo-wfc-suggests-stifel-nicolaus-chris-mutascio-wells-low-cost-of-funds-would-make.htm?pageid=218664]]></link>
<pubDate><![CDATA[Mon, 24 Sep 2012 09:29:52 EDT]]></pubDate>
<description>CIT Group ( CIT ) would be an attractive acquisition target for Wells Fargo ( WFC ), suggests Stifel Nicolaus' Chris Mutascio. Wells' low cost of funds would make a nice combination with CIT's $35B in high-yielding assets, he says, arguing even a purchase price of $52 (a 33% premium) would be a ...</description>
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<title><![CDATA[Angling to offer clients more in the way of hedge funds, Wells Fargo (WFC) purchases a 35% stake in Rock Creek Group, a fund of funds firm with $7B in AUM. While Rock Creek is strictly institutional ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/68376555/angling-to-offer-clients-more-in-the-way-of-hedge-funds-wells-fargo-wfc-purchases-a-35-stake-in-rock-creek-group-a-fund-of-funds-firm-with-7b-in-aum-while.htm?pageid=218664]]></link>
<pubDate><![CDATA[Tue, 18 Dec 2012 09:11:36 EST]]></pubDate>
<description>Angling to offer clients more in the way of hedge funds, Wells Fargo ( WFC ) purchases a 35% stake in Rock Creek Group, a fund of funds firm with $7B in AUM. While Rock Creek is strictly institutional investor territory, it's hard to believe Wells Fargo doesn't have an eye on a retail offering at ...</description>
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<title><![CDATA[Bank of America (BAC), JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC) have failed to comply with parts of the $25B national mortgage settlement, according to Joseph Smith, the independent ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/76702054/bank-of-america-bac-jpmorgan-jpm-citigroup-c-and-wells-fargo-wfc-have-failed-to-comply-with-parts-of-the-25b-national-mortgage-settlement-according-to.htm?pageid=218664]]></link>
<pubDate><![CDATA[Wed, 19 Jun 2013 09:06:42 EDT]]></pubDate>
<description>Bank of America ( BAC ), JPMorgan ( JPM ), Citigroup ( C ), and Wells Fargo ( WFC ) have failed to comply with parts of the $25B national mortgage settlement, according to Joseph Smith, the independent monitor appointed to oversee the process. "We still have work to do on the loan modification ...</description>
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<title><![CDATA[More on Sterne Agee's Wells Fargo ([[WFC]] -0.9%) downgrade: Analyst Todd Hagerman (previous) says "meaningful multiple expansion from current levels is unlikely," as "clearly moderating" EPS growth ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/76458050/more-on-sterne-agee-s-wells-fargo-wfc-0-9-downgrade-analyst-todd-hagerman-previous-says-meaningful-multiple-expansion-from-current-levels-is-unlikely-as.htm?pageid=218664]]></link>
<pubDate><![CDATA[Fri, 14 Jun 2013 11:23:27 EDT]]></pubDate>
<description>More on Sterne Agee's Wells Fargo ( WFC -0.9% ) downgrade : Analyst Todd Hagerman ( previous ) says "meaningful multiple expansion from current levels is unlikely," as "clearly moderating" EPS growth is set to be " exacerbated by the stubbornly low rate environment and normalizing mortgage banking ...</description>
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<title><![CDATA[Wells Fargo ([[WFC]] -0.2%) and U.S. Bancorp ([[USB]] -0.2%) are both downgraded to Sell by Atlantic Equities' Richard Staite, who says valuations and earnings expectations are already high, leaving ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/76145452/wells-fargo-wfc-0-2-and-u-s-bancorp-usb-0-2-are-both-downgraded-to-sell-by-atlantic-equities-richard-staite-who-says-valuations-and-earnings-expectations.htm?pageid=218664]]></link>
<pubDate><![CDATA[Wed, 12 Jun 2013 11:19:33 EDT]]></pubDate>
<description>Wells Fargo ( WFC -0.2% ) and U.S. Bancorp ( USB -0.2% ) are both downgraded to Sell by Atlantic Equities' Richard Staite, who says valuations and earnings expectations are already high, leaving little room for upside surprises. Wells is likely "overearning" relative to normal capacity thanks to ...</description>
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<title><![CDATA[Wells Fargo (WFC) and Bank of America (BAC) have been ordered by Finra to pay more than $3M (not a typo) to customers who suffered losses after being steered into floating-rate funds in 2007 and ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/75757599/wells-fargo-wfc-and-bank-of-america-bac-have-been-ordered-by-finra-to-pay-more-than-3m-not-a-typo-to-customers-who-suffered-losses-after-being-steered.htm?pageid=218664]]></link>
<pubDate><![CDATA[Tue, 4 Jun 2013 12:04:49 EDT]]></pubDate>
<description>Wells Fargo ( WFC ) and Bank of America ( BAC ) have been ordered by Finra to pay more than $3M (not a typo) to customers who suffered losses after being steered into floating-rate funds in 2007 and 2008. Finra is also tacking on its own $2.15M fine. "As investors continue to look for yield in a ...</description>
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<title><![CDATA[National Australia Bank (NABZY.PK) - Oz's largest - and Wells Fargo (WFC) are exploring a joint venture to bring Australian borrowers to the U.S. term loan B ((TLB)) market, reports Reuters. The TLB ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/75859057/national-australia-bank-nabzy-pk-oz-s-largest-and-wells-fargo-wfc-are-exploring-a-joint-venture-to-bring-australian-borrowers-to-the-u-s-term-loan-b-tlb.htm?pageid=218664]]></link>
<pubDate><![CDATA[Thu, 6 Jun 2013 06:50:11 EDT]]></pubDate>
<description>National Australia Bank ( NABZY.PK ) - Oz's largest - and Wells Fargo ( WFC ) are exploring a joint venture to bring Australian borrowers to the U.S. term loan B (TLB) market, reports Reuters. The TLB market is basically junk bonds, and the lucrative business is currently dominated by global banks ...</description>
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<title><![CDATA[Wells Fargo (WFC) and Citigroup (C) have halted the vast majority of foreclosure sales in numerous states following the release of new standards from the OCC, reports the American Banker. Harkening ...]]></title>
<link><![CDATA[http://www.morningstar.com/topics/t/75045186/wells-fargo-wfc-and-citigroup-c-have-halted-the-vast-majority-of-foreclosure-sales-in-numerous-states-following-the-release-of-new-standards-from-the-occ.htm?pageid=218664]]></link>
<pubDate><![CDATA[Fri, 17 May 2013 14:59:28 EDT]]></pubDate>
<description>Wells Fargo ( WFC ) and Citigroup ( C ) have halted the vast majority of foreclosure sales in numerous states following the release of new standards from the OCC, reports the American Banker . Harkening back to the days of the robo-signing scandal, Wells' foreclosure sales across 5 westerns states ...</description>
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