Wells Fargo Corporate Banking forms Healthcare Group Wells Fargo & Company announced that it has formalized a team within its Corporate Banking Group to meet the banking needs of its large and complex for-profit healthcare customers. The newly formed Healthcare Group, under the leadership of David Gillespie, delivers customers a comprehensive suite of traditional banking and credit solutions, and collaborates with Wells Fargo Securitiesí Investment Banking and Capital Markets Group to provide capital market products and advisory services.
News For WFC From The Last 14 Days
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Wells Fargo downgraded to Neutral from Overweight at JPMorgan JPMorgan downgraded Wells Fargo to Neutral citing the company's higher expenses in Q2 and the year-to-date outperformance of shares. The firm lowered its price target for the stock to $52 from $54.50.