|Bid||1,442.10 x 800|
|Ask||1,447.99 x 1200|
|Day's Range||1,442.00 - 1,447.00|
|52 Week Range||1,245.00 - 1,463.46|
|Beta (3Y Monthly)||0.04|
|PE Ratio (TTM)||297.75|
|Forward Dividend & Yield||75.00 (5.18%)|
|1y Target Est||N/A|
More than $650 million in new funding, a pair of IPO filings and four acquisitions top the Bay Area's venture news at midweek. Here are the details.
Fifth Third Bank is eager to make it clear that entering the Bay Area market is part of a long-term strategy.
Cynthia Nwaubani is a vice president and senior relationship manager for Wells Fargo’s middle-market banking group, and she manages relationships with companies that have revenues from $50 million to $2 billion in the North Dallas area.
The bank last week sold the 44,000-square-foot Wells Fargo Building, at 4525 Sharon Road, for about $13.7 million to Levine Family Office. Wells will remain the sole tenant until March 2020.
Alongside a leadership shuffle, the bank has combined different units targeting small businesses, mid-sized businesses, and governments and institutions.
The Sacramento mortgage market is getting more competitive, with steady growth in the number of lenders over the past five years.
Matt Wysong’s banking career has centered on transformative technology companies. “Being at the center of the innovation economy is very attractive,” Wysong said. “When you are able to provide services that help these companies scale and grow while they are creating meaningful products, it’s very exciting.” In 2014, he launched Wells Fargo’s (NYSE: WFC) Mountain and Midwest technology and venture banking division.
The startup is giving a lot of thought to real estate these days as the CEO tries to accommodate the fintech's growth and hiring.
Jack Adamo, editor of Insider Plus, often looks off-the-radar for under-followed investment opportunities in lesser-known areas of the income market. Here, he updates his view of several preferred issues.
Update from portfolio managers Christopher Davis, Peter J. Sackmann, CFA and Creston A. King III, CFA Continue reading...
Investment company Rings Capital Management LLC (Current Portfolio) buys Bank of New York Mellon Corp, Wells Fargo during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Rings Capital Management LLC. Continue reading...
Luis Zarate said his ability to speak English and Spanish has made him stand out among the other tellers at Canvas Credit Union’s Lakewood branch. “Many times, members will let people pass them in line so they can talk with me,” Zarate said. More than 1.2 million, or 21.5%, of Colorado residents are Hispanic, according to the Colorado State Demography Office. In 2018, Colorado ranked sixth in the country for the number of home-loan applications, also known as originations, by Hispanic residents, according to ComplianceTech’s LendingPatterns.com.
Knotel now controls 500,000 square feet of space in San Francisco with plans to reach 1 million by year end.