WELLS FARGO & CO (WFC)

Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn

Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That's a noteworthy number, given that The sixty-five year old firm closed the same size fund as it did in 2021.

Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn

Jeff Crowe, a senior managing partner, admitted that the investment rate in venture and certain sectors is slower than it was several years ago, but he said that dealmaking in certain strategies, sectors and geographies, such as growth equity, healthcare and India, is as robust as it was before the downturn. "We've kept a very steady pace and have delivered a number of nice exits," Crowe told TechCrunch. Not all exits were great outcomes for the firm (NVP's portfolio company VanMoof filed for bankruptcy protection), but returns from certain exits greatly outweighed the losses, according to Crowe.

Jim Cramer's favorite investment themes in this rough market and 3 stocks he likes now

Jim Cramer and Jeff Marks offered their thoughts on Wells Fargo, secular investment themes and more during the April Monthly Meeting.

Wells Fargo Expands Down Payment Grant Program to Help Bridge Homeownership Gap

New York company buys Wells Fargo Center tower, parking garages

Wall Street Winners: The 3 Biggest Analyst Upgrades From Last Week

Explore the biggest analyst upgrades shaping Wall Street, driving optimism and strategic shifts amid recent market volatility.

3 Lithium Stocks to Buy on the Dip: April 2024

The beating lithium stocks took in 2023 continues into 2024, but this may be a time to look for lithium stocks to buy on the dip.

SessionGuardian Establishes Strategic Advisory Board with Exceptional Industry Leaders

NEW YORK - April 24, 2024 - PRLog -- SessionGuardian, a leading provider of continuous identity assurance and data protection solutions, celebrates the addition of its newly appointed, exceptional advisors. The remarkable achievements and insights of these key industry leaders will enable SessionGuardian to propel its clients to new heights.Thomas J. Harrington's extensive experience in national security, counterterrorism, cyber, and intelligence operations, garnered during his tenure at the Federal Bureau of Investigation (FBI) and Citigroup, Inc., underscores his exceptional leadership and organizational transformation skills, which have also been recognized on two separate occasions with the receipt of two Presidential Rank Awards. Tom's visionary approach to global information security at Citi, marked by the establishment of Cyber Security Fusion Centers and crisis management initiatives, reflects his unwavering commitment to creating a resilient and adaptive cybersecurity ecosystem.Jim Routh's distinguished career as a Chief Trust Officer and advisor for prominent cybersecurity firms highlights his unparalleled expertise in digital and cyber security. With a wealth of experience gained from leadership roles at American Express, DTCC, KPMG, Aetna, CVS, and MassMutual, Jim brings invaluable insights to the boards of various organizations and is unequivocally a cybersecurity industry expert and thought leader. His commitment to mentoring and fostering over 70 cybersecurity leaders and potential leaders exemplifies his dedication to advancing the industry.Joseph Martinez's exemplary track record as a Supply Chain Management expert, demonstrated through his leadership roles at Bank of New York Mellon, Bank of America, American Express, and MUFG Bank, underscores his ability to drive operational excellence on a global scale. Joseph's dedication to supporting veterans, exemplified by his role as CEO of PrimusVets, reflects his commitment to serving both his industry and his community.Tim Byrd, recently appointed Executive Vice President and Chief Information Security Officer at M&T Bank, embodies the spirit of leadership and innovation in the cybersecurity realm. Recognized as an industry leader, Tim has spearheaded groundbreaking initiatives at renowned institutions such as PROG Holdings, TIAA, Wells Fargo, and Bank of America. His commitment to advancing cybersecurity education, evidenced by his involvement with the NYU Cyber Fellows Advisory Council, reflects his passion for nurturing the next generation of industry experts.Gary Heffernan, a visionary leader in Digital Transformation within the TMT Industry, has played a pivotal role in shaping the digital landscape globally over his 30-year career. As the former partner at Accenture and founder of multiple successful ventures, Gary's strategic insights have driven transformative deals and propelled businesses to new heights, even as he embraces the future by founding his own AI platform. Beyond his professional endeavors, Gary's dedication to philanthropy, exemplified by his role as founder and trustee of Charity Street Child, underscores his commitment to making a positive impact on society.As SessionGuardian continues to pioneer identity assurance solutions, the collective expertise and leadership of individuals like Thomas J. Harrington, Jim Routh, Joseph Martinez, Tim Byrd, and Gary Heffernan drive the company's vision of empowering businesses with secure, seamless digital experiences.About SessionGuardianSessionGuardian is a leading provider of Continuous Identity Assurance and Data Protection solutions dedicated to safeguarding user identities and data access across various platforms. With a commitment to innovation and security, SessionGuardian empowers organizations to protect their workforce and data from any location, on any device, with advanced identity assurance and data protection.Source: SessionGuardianRead Full Story - SessionGuardian Establishes Strategic Advisory Board with Exceptional Industry Leaders | More news from this sourcePress release distribution by PRLog

Citi Eyes $2 Billion Debt Package for Berry, Glatfelter Deal

Citigroup Inc. and Wells Fargo & Co. are preparing a $2 billion debt package to support Berry Global Group Inc.’s spinoff of the majority of its health, hygiene and specialties business with Glatfelter Corp., according to a person with knowledge of the matter.

Wells Fargo becomes bullish on this biotech company

Wells Fargo believes the company's hyperplasia and depression treatments could each become over $1 billion opportunities.

2 Wall Street Analysts Thinks Devon Energy Stock Is Going to $60. Is It a Buy Around $52?

Wall Street continues to warm to the stock as the price of oil stays above $80 a barrel.

Mr. Cooper Group taps former Wells Fargo, Citigroup vet as new chief investment officer

Former Belk HQ, Innovation Point, One Wells Fargo make up bulk of Charlotte's office sublease space

Wells Fargo (WFC) is a Great Momentum Stock: Should You Buy?

Does Wells Fargo (WFC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Roblox upgraded, Qualcomm initiated: Wall Street's top analyst calls

Roblox upgraded, Qualcomm initiated: Wall Street's top analyst calls

Lack of Earnings Shocks Is a Positive for US Banks, Mike Mayo Says

A dearth of negative shocks from big bank earnings this season is a positive for the sector, Wells Fargo & Co.’s Mike Mayo says, after tumult last year rattled the industry.

Wells Fargo Weighs Debut Risk Transfer as Banks Shore Up Capital

Wells Fargo & Co. is looking at essentially buying insurance on some of the loans in its portfolio using a transaction known as a synthetic risk transfer, potentially becoming the latest big bank to use the product to cope with looming capital rules.

Get insights into the S&P500 index performance on Friday. Explore the top gainers and losers within the S&P500 index in today's session.

Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.

Wondering what's happening in today's session for the S&P500 index? Stay informed with the top movers within the S&P500 index on Thursday.

Stay informed about the performance of the S&P500 index one hour before the close of the markets on Thursday. Uncover the top gainers and losers in today's session for valuable insights.

Uncovering Noteworthy Technical Analysis Findings for WELLS FARGO & CO (NYSE:WFC).

Exploring WELLS FARGO & CO's Technical Signals and Breakout Potential.