The partnership of US software company and QuickBooks maker Intuit's partnership with banks Capital One and Wells Fargo for a loan facilitator program was a clear indication of companies turning into cloud computing and data analytics to improve their services, said an article published on the Financial Times.
Tags: Wells Fargo
Market leaders seen taking S&P 500 to 2,000
U.S. stocks have been on a roll of late, with the S&P 500 hitting the latest in a series of records on Thursday, and investors expect the index's momentum to soon carry it to - if not far past - the 2,000 milestone.
Brokerages face exodus as advisers get better deal in indie firms
The four biggest U.S. brokerage firms are facing an exodus of employees who are finding they can make more money and save on taxes by taking their clients and starting an independent firm before they retire.
Enable Midstream Partners announces IPO pricing
Enable Midstream Partners has announced its IPO price valued USD20 per share piece to start trading on Friday, April 11 on the NYSE.
American software firm Nuance releases voice biometrics solution for criminal investigations
Burlington, Massachusetts-based computer software technology firm Nuance Communications Inc released a voice biometrics solution called Nuance Forensics that can help authorities identify and rule out suspects in criminal investigations.
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For an undisclosed amount, Wells Fargo settles with FHFA on issue of faulty mortgages issyes In an agreement to settle claims with the Federal Housing Finance Agency, Wells Fargo agreed to pay less than USD1 billion to resolve the issue on the bank's alleged knowledge of the faulty nature of mortgage bonds sold to Fannie Mae and Freddie Mac.
RadioShack had received several new financing offers from Bank of America and Wells Fargo, said a Reuters report.
Wells Fargo & Co. said last Monday that it would pay USD780 million in cash to Freddie Mac to settle all repurchased home loans liabilities.
On Wednesday, Hilton Worldwide said it would start marketing a high yield bond valued USD3.25 billion on Thursday as a part of the company's refinancing ahead of its IPO.
Wells Fargo said it had intended to expand its fund services clients in the Asian region by as much as 20% a year.
Studies by financial analysts indicated that the banking sector is recovering and may regain top spot on S & P.
Wells Fargo will release credit cards issued on American Express in 2014. However, industry observers see this as a potential move to rise above competition.
Wells Fargo & Co and PepsiCo Inc. top the list in bond sales this week. U. S. home lending company Wells Fargo & Co. raised US$5 billion of bond sales as New York-based PepsiCo Inc.
Cerberus Capital Management revealed that it had acquired two portfolios of German real estate properties with a combined total land area of more than 350,000 square meters.
