• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Wells Fargo Technology Banking Grows Team by 20%, Doubles Down on Positive Outlook for Tech Sector

    4/14/25 8:00:00 AM ET
    $WFC
    Major Banks
    Finance
    Get the next $WFC alert in real time by email

    Strategic hires focus on largest tech ecosystems across U.S.

    Driven by continuous growth in the U.S. tech sector, including an increase in IT spending, AI investments, and a renewed focus on innovation,1 Wells Fargo Technology Banking expanded its team of bankers by 20% over the past year, with additional hires expected in 2025. This represents the largest investment in talent Wells Fargo has made in the tech banking group since the team formed 25 years ago.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250414085355/en/

    Wells Fargo Technology Banking Grows Team by 20%. (Colorful city skyline.) (Photo: Wells Fargo)

    Wells Fargo Technology Banking Grows Team by 20%. (Colorful city skyline.) (Photo: Wells Fargo)

    Wells Fargo Technology Banking serves technology companies across the U.S., in key hubs including Austin, Boston, Chicago, Denver, Los Angeles, New York City, Phoenix, San Francisco Bay Area, and Utah, and are backed by a national network of commercial banking partners in every state. Focus areas include Software, Fintech, E-commerce, Semiconductor, Business & Technology Services, and Sustainable Tech, spanning early, growth and mature stage companies.

    "While most banks have viable products, the leading banks have dedicated, resourceful relationship managers. They are the heartbeat of our organization, driven to work with clients to build and expedite growth," said Tom Harper, Wells Fargo Technology Banking Division Executive. "I am excited to see our team expand to support tech innovators across the country, and we will remain focused on hiring the best talent," he added.

    The Technology Banking team includes three market executives reporting to Harper. Dzung Nguyen, based in New York City, leads the East Coast practice, and joined Wells Fargo from Bank of America in fall 2024. Located in Denver, Matt Servatius spearheads the group's Central practice, covering states across the Midwest through Mountain and Texas geographies. Jim Bryski runs the West Coast from the Bay Area office, which launched in the early 2000s to support startups in Silicon Valley. All three have added new relationship managers as part of the expansion, bringing the team to more than 60 bankers.

    Technology Banking is part of Wells Fargo Commercial Banking's Specialized Industries group, led by Mary Katherine DuBose. In addition to Technology Banking, DuBose oversees the bank's specialized teams covering clients in the Beverage, Commercial Auto, Commodity, Financial Sponsors, Food & Agribusiness, Franchise, Gaming, Government, Healthcare, Higher Education and Not for Profit, and Sports sectors.

    "Technology Banking is a priority sector for Wells Fargo. Our specialized team has deep industry expertise and a commitment to building long-term relationships and delivering sound and strategic solutions to help companies scale and succeed," said DuBose. "We are excited to continue strengthening our team with new talent that helps us bring Wells Fargo's full capabilities to clients to accelerate their growth," she added.

    The Technology Banking team recently commissioned research to better understand the top concerns of the venture funding ecosystems in New York City and Boston and will release a Tech Sentiment study later this spring revealing what's on the minds of tech founders and innovators heading into the rest of the year.

    About Wells Fargo

    Wells Fargo & Company (NYSE:WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune's 2024 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

    Additional information may be found at www.wellsfargo.com

    LinkedIn: https://www.linkedin.com/company/wellsfargo

    About Wells Fargo's Technology Banking Group

    As part of the Commercial Banking division, Wells Fargo's Technology Banking Group has delivered specialized insights and recommendations to technology companies for more than 25 years. The team provides scalable support to clients in all stages of the business lifecycle – early, growth, and maturity – and combines industry experience with the strength and resources of one of the largest U.S. commercial banks. Primary subsector focus includes Software, Fintech, E-commerce, Semiconductor, Business & Technology Services, and Sustainable Tech. See more insights and perspectives from Wells Fargo Technology Banking.

    News Release Category: WF-LO

    1 2025 technology industry outlook | Deloitte Insights | February 11, 2025

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250414085355/en/

    Jacqueline Hlavenka-Sansone, 551-337-1662

    [email protected]

    Sarah Hatch, 618-407-0953

    [email protected]

    Get the next $WFC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $WFC

    DatePrice TargetRatingAnalyst
    4/8/2025$77.00Neutral → Overweight
    Piper Sandler
    3/13/2025$80.00Sector Perform → Outperform
    RBC Capital Mkts
    10/8/2024$65.00Peer Perform → Outperform
    Wolfe Research
    9/6/2024$67.00 → $65.00Outperform
    Evercore ISI
    9/3/2024$65.00Hold → Buy
    Deutsche Bank
    4/9/2024$64.00Buy → Neutral
    Compass Point
    3/27/2024$56.00 → $62.00Outperform → Mkt Perform
    Keefe Bruyette
    1/18/2024Buy → Hold
    Odeon
    More analyst ratings

    $WFC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Wells Fargo upgraded by Piper Sandler with a new price target

      Piper Sandler upgraded Wells Fargo from Neutral to Overweight and set a new price target of $77.00

      4/8/25 9:18:40 AM ET
      $WFC
      Major Banks
      Finance
    • Wells Fargo upgraded by RBC Capital Mkts with a new price target

      RBC Capital Mkts upgraded Wells Fargo from Sector Perform to Outperform and set a new price target of $80.00

      3/13/25 8:22:29 AM ET
      $WFC
      Major Banks
      Finance
    • Wells Fargo upgraded by Wolfe Research with a new price target

      Wolfe Research upgraded Wells Fargo from Peer Perform to Outperform and set a new price target of $65.00

      10/8/24 7:40:15 AM ET
      $WFC
      Major Banks
      Finance

    $WFC
    Financials

    Live finance-specific insights

    See more
    • Wells Fargo Announces 2026 Earnings Release Date Information

      Wells Fargo & Company (NYSE:WFC) announced today its expected earnings release dates and conference call information for the first, second, third, and fourth quarters of 2026. Financial results will be released at approximately 7:00 a.m. Eastern time, and the live conference call will be at 10:00 a.m. Eastern time. Confirmation of these calls, as well as details on how to listen, will be provided before the scheduled release dates. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250505208300/en/Exterior of a Wells Fargo bank. (Photo: Wells Fargo) Expected earnings release dates for 2026 First Quarter 2026 – Tuesday, April 14, 20

      5/5/25 8:00:00 AM ET
      $WFC
      Major Banks
      Finance
    • Wells Fargo & Company Announces Common Stock Dividend and New $40 Billion Common Stock Repurchase Program

      Wells Fargo & Company (NYSE:WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable June 1, 2025, to stockholders of record on May 9, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250429357394/en/Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) The Wells Fargo board of directors also authorized a new common stock repurchase program of up to $40 billion to take effect upon the completion of the current repurchase program. The program will be executed consistent with the company's internal capital adequacy framework that considers current market

      4/29/25 10:37:00 AM ET
      $WFC
      Major Banks
      Finance
    • Wells Fargo Reports First Quarter 2025 Financial Results

      Wells Fargo & Company (NYSE:WFC) has released its first quarter 2025 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on April 11, 2025, and available on the SEC's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410364353/en/Facade of a Wells Fargo bank branch in Manhattan Conference call The company will host a live conference call on Friday, April 11, at 10:00 a.m. Eastern time. You may listen to the call by dialing 1-888-673-9

      4/11/25 7:01:00 AM ET
      $WFC
      Major Banks
      Finance

    $WFC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Davis Richard K bought $144,270 worth of shares (3,500 units at $41.22), increasing direct ownership by 470% to 4,244 units (SEC Form 4)

      4 - WELLS FARGO & COMPANY/MN (0000072971) (Issuer)

      11/9/23 4:20:44 PM ET
      $WFC
      Major Banks
      Finance

    $WFC
    SEC Filings

    See more
    • Wells Fargo & Company filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - WELLS FARGO & COMPANY/MN (0000072971) (Filer)

      5/2/25 4:32:39 PM ET
      $WFC
      Major Banks
      Finance
    • Wells Fargo & Company filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - WELLS FARGO & COMPANY/MN (0000072971) (Filer)

      4/30/25 10:03:57 AM ET
      $WFC
      Major Banks
      Finance
    • SEC Form IRANNOTICE filed by Wells Fargo & Company

      IRANNOTICE - WELLS FARGO & COMPANY/MN (0000072971) (Filer)

      4/29/25 5:02:11 PM ET
      $WFC
      Major Banks
      Finance

    $WFC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4 filed by Director Vautrinot Suzanne M

      4 - WELLS FARGO & COMPANY/MN (0000072971) (Issuer)

      5/1/25 5:36:06 PM ET
      $WFC
      Major Banks
      Finance
    • SEC Form 4 filed by Director Sargent Ronald

      4 - WELLS FARGO & COMPANY/MN (0000072971) (Issuer)

      5/1/25 5:34:40 PM ET
      $WFC
      Major Banks
      Finance
    • SEC Form 4 filed by Director Norwood Felicia F

      4 - WELLS FARGO & COMPANY/MN (0000072971) (Issuer)

      5/1/25 5:32:26 PM ET
      $WFC
      Major Banks
      Finance

    $WFC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Wells Fargo and Operation HOPE Introduce Free Financial Coaching to Small Businesses

      New HOPE Inside centers expand financial education program in Wells Fargo branches Wells Fargo in collaboration with Operation HOPE, a national nonprofit dedicated to financial empowerment for underserved communities, today introduced HOPE Inside for Small Business to provide financial coaching and support to small business customers in key markets at no cost. Starting in Baldwin Hills and Van Nuys neighborhoods of Los Angeles, Calif., and Charlotte, N.C., this expansion builds on the existing HOPE Inside program that helps empower community members to achieve their financial goals through financial education workshops and personalized coaching. This press release features multimedia. View

      5/8/25 8:00:00 AM ET
      $WFC
      Major Banks
      Finance
    • Wells Fargo Announces 2026 Earnings Release Date Information

      Wells Fargo & Company (NYSE:WFC) announced today its expected earnings release dates and conference call information for the first, second, third, and fourth quarters of 2026. Financial results will be released at approximately 7:00 a.m. Eastern time, and the live conference call will be at 10:00 a.m. Eastern time. Confirmation of these calls, as well as details on how to listen, will be provided before the scheduled release dates. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250505208300/en/Exterior of a Wells Fargo bank. (Photo: Wells Fargo) Expected earnings release dates for 2026 First Quarter 2026 – Tuesday, April 14, 20

      5/5/25 8:00:00 AM ET
      $WFC
      Major Banks
      Finance
    • Wells Fargo & Company Announces Common Stock Dividend and New $40 Billion Common Stock Repurchase Program

      Wells Fargo & Company (NYSE:WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable June 1, 2025, to stockholders of record on May 9, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250429357394/en/Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) The Wells Fargo board of directors also authorized a new common stock repurchase program of up to $40 billion to take effect upon the completion of the current repurchase program. The program will be executed consistent with the company's internal capital adequacy framework that considers current market

      4/29/25 10:37:00 AM ET
      $WFC
      Major Banks
      Finance

    $WFC
    Leadership Updates

    Live Leadership Updates

    See more

    $WFC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Bridget Engle to Join Wells Fargo as Head of Technology; Tracy Kerrins to Lead Consumer Technology and Generative AI Teams

      Wells Fargo & Company (NYSE:WFC) announced today that Bridget Engle has been named Senior Executive Vice President (SEVP) and Head of Technology, reporting to Wells Fargo CEO Charlie Scharf and joining the company's Operating Committee, effective August 12, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240730039323/en/Exterior view of a Wells Fargo branch (Photo: Wells Fargo) Engle will be responsible for all technology across the Company. She brings more than 30 years of experience managing large, global technology organizations in complex financial institutions. Engle joins Wells Fargo from BNY where she served as SEVP

      7/30/24 4:00:00 PM ET
      $WFC
      Major Banks
      Finance
    • Fernando Rivas to Join Wells Fargo as Co-CEO of Corporate & Investment Banking

      Wells Fargo & Company (NYSE:WFC) announced today that Fernando Rivas has been named SEVP and Co-CEO of Corporate & Investment Banking (CIB), reporting to Wells Fargo CEO Charlie Scharf and joining the company's Operating Committee, effective today. Rivas and Jon Weiss, who has been CIB's CEO since February 2020, will lead the business together. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240508507114/en/A Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) Rivas joins Wells Fargo after a nearly 30-year career at JP Morgan Chase & Company (JPMC). He was most recently JPMC's Head of North American Inv

      5/8/24 8:45:00 AM ET
      $WFC
      Major Banks
      Finance
    • Wells Fargo Announces Preliminary Voting Results of 2024 Annual Meeting of Shareholders

      Shareholders elect 13 director nominees, including one new independent director Wells Fargo & Company (NYSE:WFC) announced today that its shareholders elected as directors the 13 nominees named in the company's proxy statement, including a new independent director: Fabian T. Garcia. Upon his election, Garcia was appointed to the Board's Finance Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240430442738/en/Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) "I look forward to working with Fabian and the rest of the Board as we continue to transform Wells Fargo," said Wells Fargo CEO Charli

      4/30/24 1:30:00 PM ET
      $WFC
      Major Banks
      Finance
    • SEC Form SC 13G filed by Wells Fargo & Company

      SC 13G - WELLS FARGO & COMPANY/MN (0000072971) (Subject)

      11/12/24 10:40:28 AM ET
      $WFC
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by Wells Fargo & Company (Amendment)

      SC 13G/A - WELLS FARGO & COMPANY/MN (0000072971) (Subject)

      2/13/24 5:17:36 PM ET
      $WFC
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by Wells Fargo & Company (Amendment)

      SC 13G/A - WELLS FARGO & COMPANY/MN (0000072971) (Filed by)

      2/10/23 10:05:13 AM ET
      $WFC
      Major Banks
      Finance