Wells Fargo Archives

Dow Jones Breaks 13,000 For First Time Since ’08 Crisis

Dow breaks 13,000

NEW YORK — The Dow Jones industrial average crossed 13,000 on Tuesday for the first time since May 2008, when the Lehman Brothers investment bank was solvent, unemployment a healthy 5.4 percent and the worst of the Great Recession months ahead. The milestone came about two hours into the trading day. The stock market got… Read More →

Mobile Banking Causes Security Concerns

Mobile Banking - AZ Business Magazine January/February 2012
by in AZ Business Magazine | Finance | Tech

Use of phone apps skyrockets 45 percent in six-month span, but how safe are they? The smart phone is becoming to banking what the knife has become to bread: It’s changing the way we consume. “Mobile banking has had the biggest impact on financial institutions since the introduction of ATMs,” says Paul Stull, senior vice… Read More →

Corporate Giving More Discriminating, But Still Charitable

Corporate Giving - AZ Business Magazine November/December 2011
by in AZ Business Magazine | Economy

Like the economy, a dip in corporate giving appears to have bottomed out, but that charitable landscape has changed both for givers and receivers. Corporations are re-evaluating which not-for-profit organizations they support, and in some cases businesses are providing more volunteers and less cash. At the same time, fund-raising efforts are changing. Some elaborate parties… Read More →

People To Know 2011 Industry Leaders And Photos

People to Know 2011 Reception & Awards Ceremony
by in Award Events

AZRE Magazine’s People to Know 2011 reception and awards ceremony was held on November 10, 2011 at the Scottsdale Waterfront. In attendance was Arizona’s largest local and national real estate audience, including the following People to Know recipients: attorneys, accountants, city planners, property managers, economic developers and brokers. Throughout the night, we also announced the… Read More →

Implied Covenant Claims And How Wells Fargo Changed Them

The Mercado - Implied Covenant Claims - AZ Business Magazine September/October 2011

In this article, Peter Moolenar, a partner at Dioguardi Flynn LLP, explains how Wells Fargo changed the way we look at implied covenant claims in Arizona law. The Arizona Supreme Court’s opinion in Wells Fargo Bank v. Arizona Laborers, Teamsters and Cement Masons Local No. 395 Pension Trust Fund, 201 Ariz. 474 (2002), and its… Read More →

Arizona Forward Enhances Awareness of Arizona’s Park Issues

Arizona Forward, State Park Issues
by in Columnist Spotlight | Economy | Green

Arizona Forward Enhances Awareness of Arizona’s Park Issues Arizonans value their parks and open space, consistently ranking them as key quality of life indicators. A recent survey conducted of residents statewide shows that 87 percent visit a park or recreation area at least once a year, with 23 percent doing so on a weekly basis.… Read More →

Event Planning Chose Mindy Gunn

Mindy Gunn - AZ Business Magazine Sept/Oct 2010
by in AZ Business Magazine | Economy

Mindy Gunn, AVP, CMP Technology and Operations Group Event Manager Wells Fargo Bank www.wellsfargo.com Mindy Gunn didn’t choose event planning — it chose her. Gunn planned on attending law school, but she switched career paths when she was offered a job as a meeting planner with Wells Fargo Bank. “My start in the meetings and… Read More →

i/o Data Centers Raises $200M In Two Integrated Financings

Data Centers
by in Finance | Tech

i/o Data Centers today announced the closing of $200 million in two financings, including a senior long term credit facility of up to $130 million led by Wells Fargo Bank and Wells Fargo Securities and a $70 million secured facility led by Caterpillar Financial Services Corporation. “Demand for data centers as a service continues to… Read More →

Bringing Energy-Efficient Mortgages To Valley Homeowners

by in Featured | Green | Real Estate

Mortgage and auditing firms are teaming up to help green homeowners cut costs Buying a home can come with many unexpected and obstructive costs. REEIS is partnering with mortgage companies to help homebuyers curtail costs and go green. By teaming up with W.J. Bradley and Wells Fargo, REEIS, an energy efficiency auditing firm, offers free… Read More →

First Job: Pam Conboy, Regional President Of Wells Fargo Arizona Regional Banking

First Job: Pam Conboy, Regional President Of Wells Fargo Arizona Regional Banking

Pam Conboy Regional President, Wells Fargo Arizona Regional Banking Describe your very first job and what lessons you learned. My first job was while I was in high school. I had just made the frosh/soph cheerleading squad and needed to pay for my uniforms. I was hired as a hostess at a local restaurant —… Read More →

Financial Institutions In Arizona Are Expected To Receive Bailout Money

Financial Institutions Receive Bailout
by in AZ Business Magazine | Economy | Finance

While most of Arizona’s state-chartered banks were mulling over their options for federal assistance late last year, Uncle Sam was injecting billions of dollars of new capital into national banking companies with Arizona subsidiaries. The question is whether any of that money from the Department of the Treasury’s $700 billion Troubled Asset Relief Program (TARP)… Read More →

CD Rates Inching Higher Again


Bank-issued certificates of deposit rates are inching up, but if your one-year CD is maturing, you’re probably not going to like what’s being offered. That’s because CD rates took a dramatic drop in the past year as the Federal Reserve marched through a series of reductions starting last summer. The downward spiral was triggered by… Read More →