Wells Fargo banks on Greenhouse

December 5, 2017

“We hear from a lot of people that they get stressed about money,” says Steve Ellis, head of the Wells Fargo Innovation Group. In the first quarter of 2018 the bank plans to pilot a new mobile-first app called Greenhouse […]

California Policyholders Have 24 Months to Collect Wildfire Insurance Money

November 22, 2017

Category: Activity, Insurance

California’s insurance commissioner says homeowners who lost their homes in last month’s wildfires in Northern California have up to 24 months to collect insurance payments. Dave Jones said this week some out-of-state insurance adjusters brought in by companies to help […]

How Unpredictable Donald Trump Will Impact Your Health Insurance in 2018

November 6, 2017

Category: Activity, Insurance

If you’re planning to buy insurance under the Affordable Care Act, 2018 might be a painful year — at least when it comes to your health insurance premiums. However, if you have employer-sponsored health insurance, or health insurance through the […]

Capital and risk, Credit

Fiserv signs five more credit unions to DNA

December 7, 2017

Via: Finextra

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that five credit unions, with assets between $400M and $2.7B, will leverage core account processing and additional solutions from Fiserv to enhance their ability to […]

Capital and risk, Credit

Wells Fargo Agents $1.5B Facility for Bloomin’ Brands

December 6, 2017

Via: ABF Journal

Casual fast food operator Bloomin’ Brands completed a senior secured financing of up to $1.5 billion, consisting of a $500 million term loan A and a $1 billion revolving credit facility. According to a related 8-K filing, Wells Fargo served […]

Activity, Trading

Bull Market Heading for Major Correction in 2018, Bank of America Says

December 6, 2017

Via: TheStreet

Bank of America Corp. (BAC) says signs are growing that the eight-year-old bull market in stocks and risky assets could soon come to an end. And, as with all late-stage bull markets, the trick for investors is in getting the […]