Post Tagged with: "Wells Fargo"

Source: CNBC

Wells Fargo CEO Scharf sees swift recovery for US economy in 2021 as vaccines are rolled out


Wells Fargo CEO Charlie Scharf said Tuesday that the U.S. economy will probably rebound quickly from the coronavirus next year after vaccines are widely distributed.

As head of the fourth-biggest U.S. bank by assets, Scharf has a unique view …

December 9, 2020 - 3:00 pm Capital Markets, Closing Bell Story‎, Finance
Source: Reuters

United States Oil Fund gets Wells notice from SEC


The United States Oil Fund LP, the country’s largest crude exchange-traded fund, said on Wednesday it received a Wells notice from the U.S. Securities and Exchange Commission.

The Wells notice states that SEC staff have made a preliminary determination …

August 19, 2020 - 11:00 am Closing Bell Story‎, Energy News, Finance
FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford

Small U.S. oil and gas companies get cold shoulder from large banks


The largest banking lenders to the U.S. oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, …

October 28, 2019 - 8:10 am Borrowing Base, Closing Bell Story‎, Energy News, Finance
Source: Business Wire

Wells Fargo Leadership Transitions

Wells Fargo Renewable Energy Leadership Transitions

Dominion Energy Cove Point Construction

Wells Fargo Securities Hires Scott Van Bergh as Vice Chairman of Energy & Power Investment Banking

Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company (NYSE: WFC), announced today that Scott Van Bergh has joined as vice chairman in the Energy & Power Investment Banking group. Van Bergh will provide …

July 24, 2018 - 2:14 pm Closing Bell Story‎, Energy News, Finance
What are Energy Companies Thinking as they Head into 2015?

What are Energy Companies Thinking as they Head into 2015?

Dropping Oil Prices = Changing Landscape for E&Ps, Midstream, OilService Companies

At last week’s 2014 Energy Symposium hosted by Wells Fargo Securities at the Waldorf Astoria, the sentiment expressed by the energy companies was far different from what had been …