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Stock Market & Financial Investment News

News Breaks
February 8, 2013
13:05 EDTCIT, WFC, TDCIT Group explored possible sale, Reuters reports
CIT Group (CIT) has had talks with Toronto-Dominion (TD), Wells Fargo (WFC) and other banks about selling itself, though nothing came of the talks, according to a Reuters report that cites three people familiar with the company. Reference Link
News For CIT;TD;WFC From The Last 14 Days
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July 1, 2015
07:57 EDTWFCU.S. banks not facing significant direct losses on Greek default, WSJ says
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June 25, 2015
07:13 EDTWFCFed director says full transparency in stress testing can be 'enormous weakness'
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June 23, 2015
13:02 EDTWFCSumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link
June 22, 2015
16:22 EDTCITGlacier Bancorp says Randall Chesler to succeed Mick Blodnick as CEO in 2017
Glacier Bancorp (GBCI) announced that the company is expanding its executive management team with the addition of Randall "Randy" Chesler. Chesler will serve in the newly created position of President of Glacier Bank, the company's sole banking subsidiary, and will immediately be appointed to the board of Glacier Bank and will be nominated for election to GBCI's board at next year's annual meeting. Mick Blodnick will continue to serve as President and CEO of Glacier Bancorp and CEO of Glacier Bank until his retirement at the end of 2016. "It is our full expectation that Randy will succeed me as CEO," said Blodnick. "I plan to work closely with Randy through the end of 2016 to ensure a smooth leadership transition." Chesler brings more than 30 years of experience in the financial services industry, most recently as President of CIT Bank, the Salt Lake City-based banking subsidiary of CIT Group. (CIT)
07:13 EDTTDUBS to hold a conference
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June 18, 2015
15:46 EDTWFCWells Fargo names Hope Hardison as Chief Administrative Officer
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June 17, 2015
15:04 EDTWFCGE Capital Real Estate closes nearly $10B in deals towards exit
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11:16 EDTWFCOCC restricts some banks from certain mortgage related business activity
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11:07 EDTWFCWells Fargo issues statement on amended OCC Consent Order
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06:48 EDTWFCMore big banks waiving overdraft fees, WSJ reports
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