Wells, Blackstone to Buy GE Capital’s Real Estate Assets
Blackstone and Wells Fargo announced signed agreements to purchase most of the assets of GE Capital Real Estate in a transaction valued at approximately $23 billion.
Blackstone and Wells Fargo announced signed agreements to purchase most of the assets of GE Capital Real Estate in a transaction valued at approximately $23 billion.
Wells Fargo announced the Fed and Office of the Comptroller of the Currency have permitted it and its national subsidiary banks to begin using the “advanced approaches” capital framework to determine risk-based capital requirements starting in Q2/15.
Wells Fargo named Julie Caperton head of Corporate Development, responsible for supporting business leaders across Wells Fargo by managing the company’s acquisition and divestiture process.
CSS Industries renewed its revolver with Wells Fargo Bank and Citizens Bank of Pennsylvania. The revolving credit facility was structured and arranged by Wells Fargo.
Wells Fargo has hired Howard Cohen as an executive advisor for its Commercial Banking operations in New Jersey.
Wells Fargo named company veteran Brendon Riley to its Houston Commercial Banking leadership team as SVP.
Charleston was selected as the commercial banking hub for Wells Fargo in Eastern South Carolina, where the bank’s business with middle market companies has grown by double-digits since 2010.
CarePayment expanded its funding agreement with Aequitas Capital to include a total of $200 million of senior debt, supported by $100 million in new financing from Wells Fargo.
Wells Fargo expanded its commercial banking capabilities to serve life sciences companies. The company named Katherine Andersen to a new technology banking post dedicated to life sciences in New England.
Wells Fargo named three company veterans as EVPs to lead commercial banking throughout Southern California.