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12.12.2025
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Wells Fargo & Co
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Wells Fargo & Company Announces Redemption of its Floating Rate Junior Subordinated Deferrable Interest Debentures
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Wells Fargo & Company (NYSE: WFC) (“Wells Fargo”) today announced that it will redeem all of its Floating Rate Junior Subordinated Deferrable Interest Debentures due January 15, 2027 (CUSIP No. 949746TG6*) (the “Debentures”) on January 15, 2026 (the “Optional Prepayment Date”). The optional prepayment price will be equal to 100% of the princip...
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10.12.2025
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Wells Fargo Bank Decreases Prime Rate to 6.75 Percent
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Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 6.75 percent from 7.00 percent, effective tomorrow, Dec. 11, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251210288913/en/Exterior of Wells Fargo building. (Photo: Wells Fargo) About Wells Fargo Wells Fargo &...
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10.12.2025
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Wells Fargo Investment Institute: 2026 Poised for Markets Growth as Familiar Trends Create Potential Opportunities
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Wells Fargo Investment Institute (WFII) today released its “2026 Outlook report: Trendlines over headlines.” Even as headlines may continue to stress uncertainties about policy and the pace of technology spending, WFII expects favorable economic and policy trends already in place will ultimately shape a broad array of potential investment opportun...
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20.10.2025
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09.12.2025
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Wells Fargo & Co
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Holiday Gifting Going Digital: Wells Fargo Study Reveals Growing Trend
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A new Wells Fargo survey released today finds younger generations are driving a major shift toward digital cash gifts and holiday tips — favoring convenience and choice over traditional wrapped presents. Insights from the consumer survey look into the ways people give holiday gifts to family and friends, and holiday tips to service workers. The fi...
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02.12.2025
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Wells Fargo to Present at the Goldman Sachs Financial Services Conference
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Wells Fargo & Company (NYSE: WFC) said today that Chairman and Chief Executive Officer Charlie Scharf will present at the Goldman Sachs Financial Services Conference on Tuesday, Dec. 9, 2025 at 8:00 a.m. ET. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251202273288/en/Facade of a...
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20.11.2025
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Wells Fargo Names Saul Van Beurden to Lead Artificial Intelligence; Kleber Santos to Expand Responsibilities and Serve as Co-CEO of Consumer Banking and Lending with Van Beurden
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Wells Fargo & Company today announced that Saul Van Beurden, currently CEO of Consumer and Small Business Banking, will lead Artificial Intelligence for the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251120971693/en/Exterior of a Wells Fargo branch. (Photo: Wells Fargo...
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14.11.2025
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Wells Fargo & Company Declares Cash Dividends on Preferred Stock
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Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251114835874/en/Exterior of Wells Fargo building. (Photo: Wells Fargo) A quarterly cash dividend of $18.75 per share was declared on its 7.50...
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04.11.2025
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Wells Fargo Welcomes JetBlue as Newest Rewards Points Transfer Partner
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Wells Fargo has welcomed JetBlue as the newest airline to join the company’s growing collection of Rewards Points Transfer partners for eligible credit card products. This partnership reflects Wells Fargo’s ongoing commitment to delivering exceptional value to cardholders through enhanced travel experiences. Effective immediately, Wells Fargo cr...
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03.11.2025
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Wells Fargo and Military Warriors Support Foundation Celebrate 10 Years of Veteran Vehicle Donations
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Wells Fargo started the Sponsored Vehicle Donation Program with dealers across the country in 2015, as part of an ongoing commitment to supporting members of the military community in their journey to effectively navigate life transitions, achieve ongoing career and financial success, and positively impact their community. This press release feat...
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30.10.2025
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Wells Fargo to Present at the BancAnalysts Association of Boston Conference
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Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the BancAnalysts Association of Boston Conference on Thursday, Nov. 6, 2025 at 8:10 a.m. ET. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251030769292/en/Facade of a Wells...
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29.10.2025
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Wells Fargo Bank Decreases Prime Rate to 7.00 Percent
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Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 7.00 percent from 7.25 percent, effective tomorrow, Oct. 30, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251029042942/en/Exterior of Wells Fargo building. (Photo: Wells Fargo) About Wells Fargo Wells Fargo...
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28.10.2025
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Wells Fargo & Company Announces Common Stock Dividend
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Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.45 per share, payable Dec. 1, 2025, to stockholders of record on Nov. 7, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251028708415/en/Facade of a Wells...
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23.10.2025
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Wells Fargo Backs South Dallas Growth With $6.8 Million in Grants
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Fresh off the grand opening of its Las Colinas corporate campus, Wells Fargo is deepening its commitment to the Dallas-Fort Worth region with a $6.8 million philanthropic investment in South Dallas focused on neighborhood revitalization and economic growth. This press release features multimedia. View the full release here: https://www.businesswi...
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22.10.2025
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Wells Fargo Celebrates Grand Opening of State-of-the-Art Campus in Dallas-Fort Worth Area
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Wells Fargo is proud to announce the grand opening of its new campus in the Las Colinas neighborhood of Irving, Texas, marking a milestone that underscores the company's investment in the economic growth of the Dallas-Fort Worth area and the state of Texas. This press release features multimedia. View the full release here: https://www.businesswi...
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14.10.2025
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Wells Fargo Reports Third Quarter 2025 Financial Results
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Wells Fargo & Company (NYSE: WFC) has released its third 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 Oct. 14, 2025, and available on the SEC’s webs...
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07.10.2025
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Wells Fargo to Announce Third Quarter 2025 Earnings on Oct. 14, 2025
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Wells Fargo & Company (NYSE: WFC), as previously announced, will report its third quarter 2025 earnings results on Tuesday, Oct. 14, 2025, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company’s Inve...
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17.09.2025
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Wells Fargo Bank Decreases Prime Rate to 7.25 Percent
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Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 7.25 percent from 7.50 percent, effective tomorrow, Sept. 18, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250917198946/en/Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) About Wells Far...
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09.09.2025
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Aequum Capital Secures $250 Million Debt Facility with Wells Fargo to Accelerate Growth
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CHICAGO, Sept. 9, 2025 /PRNewswire/ -- Aequum Capital Financial, LLC ("Aequum"), a rapidly growing specialty finance lender backed by Castlelake, L.P., announced today that it has closed a new $250 million debt facility lead by Wells Fargo & Company (NYSE: WFC). This strategic financing significantly enhances Aequum's ability to expand its as...
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02.09.2025
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Wells Fargo to Present at the Barclays Global Financial Services Conference
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Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Barclays Global Financial Services Conference on Tuesday, September 9, 2025 at 8:15 a.m. ET. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250902980181/en/Exterior of We...
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18.08.2025
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Aqua Finance and Wells Fargo Inventory Finance Announce Retail Financing Program
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Aqua Finance, Inc. (“Aqua”), a leading provider of consumer financing solutions, and Wells Fargo Commercial Distribution Finance, LLC (Inventory Finance) today announced a new retail financing program, provided by Aqua, for a variety of recreational products including boats, RVs, and powersports, in collaboration with top original equipment manufa...
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15.08.2025
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Wells Fargo & Company Declares Cash Dividends on Preferred Stock
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Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250815653074/en/Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) A quarterly cash dividend of $18.75 per share was decla...
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31.07.2025
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Wells Fargo Board of Directors Announces Intention to Name CEO, Charlie Scharf, Chairman
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Wells Fargo & Company (NYSE: WFC) today announced that the Board of Directors of Wells Fargo intends to appoint Charlie Scharf, Chief Executive Officer, Wells Fargo, as Chairman of the Board. When Mr. Scharf becomes Chairman, the Board intends to appoint a Lead Independent Director to support the Board’s continued independent oversight. This...
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29.07.2025
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Wells Fargo & Company Increases Common Stock Dividend
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Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.45 per share, payable Sept. 1, 2025, to stockholders of record on Aug. 8, 2025. The third quarter dividend represents an increase of $0.05 per share, or 12.5%, from the prior quarter. This press release features multimedia...
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21.07.2025
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Overland Advantage Continues to Differentiate Itself in Providing Custom Financing Solutions to Middle Market Companies
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NEW YORK, July 21, 2025 /PRNewswire/ -- Year-to-date, Overland Advantage ("Overland"), a business development company (BDC) with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo & Company ("Wells Fargo"), financed nine new transactions, arranging capital with an...
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16.07.2025
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Wells Fargo Expands Commercial Banking Healthcare Team by More Than 30%, Increasing Specialized Coverage Across Healthcare Services, MedTech, and BioPharma Sectors
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Wells Fargo Commercial Banking has aggressively expanded its team of healthcare industry bankers by more than 30% since the start of 2025, with more hires expected in the second half of the year. The team’s expansion is being fueled by continued growth in the U.S. healthcare sector, coupled with client demand for specialized coverage. This press...
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15.07.2025
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Wells Fargo Reports Second Quarter 2025 Financial Results
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Wells Fargo & Company (NYSE: WFC) has released its second 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 July 15, 2025, and available on the SEC’s web...
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10.07.2025
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Wells Fargo Names Tim Ruby to Lead Healthcare, Higher Education and Not-for-Profit Banking Nationwide
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To meet growing demand for specialized solutions, Wells Fargo & Company (NYSE: WFC) today announced the appointment of Tim Ruby as division executive for the Healthcare, Higher Education, and Not-for-Profit division (HHN). Based in Chicago, Ruby reports to Phil Smith, vice chair of Specialized Industries, a business line within Commercial Bank...
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09.07.2025
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Wells Fargo Boosts Chicago Technology Banking Team with Investment in Talent
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Wells Fargo Technology Banking has expanded its Chicago-based team with two key hires, reinforcing the bank’s long-term commitment to innovation and growth in commercial banking for the tech sector. This expansion represents the largest investment in talent since the group’s inception 25 years ago. This press release features multimedia. View the...
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08.07.2025
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Wells Fargo to Announce Second Quarter 2025 Earnings on July 15, 2025
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Wells Fargo & Company (NYSE: WFC), as previously announced, will report its second quarter 2025 earnings results on Tuesday, July 15, 2025, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company’s Inv...
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02.07.2025
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New Wells Fargo Study Shows Parents Give Their Kids an Average Weekly Allowance of $37
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Wells Fargo today released a new study illustrating how much allowance parents are providing their children and the difficulties parents have in teaching their children about money. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250702669386/en/(Photo: Wells Fargo) The survey found tha...
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01.07.2025
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Wells Fargo Expects SCB to Decrease to 2.5% from 3.8% and Intends to Raise Dividend by 12.5% to $0.45
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Wells Fargo & Company (NYSE: WFC) today announced that it has completed the 2025 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Federal Reserve Board’s (FRB) calculations resulted in an expected stress capital buffer (SCB) for the Company below the minimum, and the Company therefore expects its SCB to decrease from 3...
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19.06.2025
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i2i Logic Partners with Wells Fargo to Provide Personalized Digital Services for Commercial Banking Clients
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Today, i2i Logic and Wells Fargo & Company (NYSE:WFC) announced that the i2i Logic Client Intelligence Platform will be implemented by Wells Fargo Commercial Banking to drive a personalized experience for its clients. Wells Fargo Benchmark Intelligence ©, driven by i2i Logic, integrates Wells Fargo’s industry insights and U.S. middle-market...
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11.06.2025
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Wells Fargo Investment Institute: It's Time to Build Resilience and Capitalize on Opportunities
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Wells Fargo Investment Institute (WFII) today released its “Midyear Outlook report: Opportunities amid uneven terrain.” The first half of 2025 delivered some of the most stunning and rapid policy changes of the past 80 years. This midyear report assesses the changes since the release of WFII’s 2025 Outlook in December and highlights the potential...
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03.06.2025
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Wells Fargo Confirms that the Federal Reserve Has Removed the Limits on Growth in Total Assets Imposed in its 2018 Consent Order and Announces a Special Employee Award
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Wells Fargo & Company (NYSE: WFC) today confirmed that the Board of Governors of the Federal Reserve System (the Federal Reserve) has determined that Wells Fargo has met all conditions required to remove the limits on growth in total assets imposed in its 2018 consent order. Conditions to lift the restriction outlined in the order included wid...
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03.06.2025
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Wells Fargo to Present at the Morgan Stanley U.S. Financials Conference
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Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Morgan Stanley U.S. Financials Conference on Tuesday, June 10, 2025 at 9:00 a.m. ET. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603986313/en/Facade of a Wells Farg...
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30.05.2025
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Wells Fargo & Company Announces Full Redemption of the Capital Securities Issued by CoreStates Capital II and CoreStates Capital III
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Wells Fargo & Company (NYSE: WFC) and Wells Fargo Bank, National Association (the “Bank”) today announced that the Bank, as sponsor of the trusts listed below, has submitted redemption notices to the property trustee for the redemption of the capital securities listed below on June 30, 2025 (the “Redemption Date”). The redemption price for eac...
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29.05.2025
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Wells Fargo Enters into Agreement to Sell Rail Equipment Assets
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Wells Fargo & Company (NYSE: WFC) today announced it has entered into a definitive agreement to sell the assets of the company’s rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield Infrastructure. The transaction is expected to close in Q1 2026 or sooner, subject to satisfaction of customary...
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29.05.2025
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Wells Fargo Confirms Termination of 2015 OCC Agreements
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Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency’s 2015 agreements relating to the company’s previously held financial subsidiaries have terminated. This is the thirteenth consent order closed by Wells Fargo’s regulators since 2019 and the seventh since the beginning of the year. The company’...
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20.05.2025
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Wells Fargo to Present at the Bernstein Strategic Decisions Conference
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Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the Bernstein Strategic Decisions Conference on Wednesday, May 28, 2025 at 8:00 a.m. ET. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250520201209/en/Facade of a Wells Fargo ba...
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16.05.2025
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Wells Fargo & Company Declares Cash Dividends on Preferred Stock
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Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250516388180/en/Exterior of a Wells Fargo bank (Photo: Wells Fargo) A quarterly cash dividend of $18.75 per share was declared on its 7.50% no...
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14.05.2025
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Wells Fargo Launches $20 Million Open for Business Growth Program
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Wells Fargo & Company (WFC) today announced Open for Business Growth, a new $20 million philanthropic program where nonprofits enable small business owners ready to scale operations or grow revenue. Launching first in Chicago, the program will expand to other markets across the U.S. in the coming year. This press release features multimedia. V...
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14.05.2025
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Wells Fargo & Company Announces Full Redemption of its Series U Preferred Stock and Related Depositary Shares
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Wells Fargo & Company (NYSE: WFC) today announced that on June 15, 2025 (which, due to the occurrence of a non-business day, will shift to June 16, 2025), it will redeem all 80,000 outstanding shares (the “Redeemed Series U Preferred Shares”) of its 5.875% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series U (the “...
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08.05.2025
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Wells Fargo and Operation HOPE Introduce Free Financial Coaching to Small Businesses
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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,...
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05.05.2025
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Wells Fargo Announces 2026 Earnings Release Date Information
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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...
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29.04.2025
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Wells Fargo & Company Announces Common Stock Dividend and New $40 Billion Common Stock Repurchase Program
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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 Fa...
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28.04.2025
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Wells Fargo Confirms Termination of 2018 CFPB Compliance Consent Order
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Wells Fargo & Company (NYSE: WFC) today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order related to the company’s compliance risk management program has terminated. This is the twelfth consent order closed by Wells Fargo’s regulators since 2019 and the sixth since the beginning of the year. This press release...
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14.04.2025
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Wells Fargo Technology Banking Grows Team by 20%, Doubles Down on Positive Outlook for Tech Sector
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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 te...
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11.04.2025
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Wells Fargo Reports First Quarter 2025 Financial Results
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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 web...
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04.04.2025
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Wells Fargo to Announce First Quarter 2025 Earnings on April 11, 2025
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Wells Fargo & Company (NYSE: WFC), as previously announced, will report its first quarter 2025 earnings results on Friday, April 11, 2025, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company’s Inve...
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© BusinessWire
25.03.2025
ISIN: US9497461015

Wells Fargo & Co
WFC

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Wells Fargo Updates 2025 Earnings Release Date Information
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Wells Fargo & Company (NYSE: WFC) today updated its expected earnings release dates and conference call information for 2025. For each of the earnings dates below, 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...
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© BusinessWire
17.03.2025
ISIN: US9497461015

Wells Fargo & Co
WFC

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Wells Fargo Confirms Termination of 2021 OCC Loss Mitigation Consent Order
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Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency (OCC) terminated its 2021 consent order related to loss mitigation practices in the company’s Home Lending business. This is the eleventh consent order closed by Wells Fargo’s regulators since 2019. This press release features multimedia. View...
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© PR Newswire
13.03.2025
ISIN: US9497461015

Wells Fargo & Co
WFC

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Overland Advantage and Wells Fargo Lead Senior Secured Credit Facilities to MaxiTransfers
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NEW YORK, March 13, 2025 /PRNewswire/ -- Overland Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo, announced today that it served as lead arranger for a $74.0 million second lien credit facility in support...
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© BusinessWire
25.02.2025
ISIN: US9497461015

Wells Fargo & Co
WFC

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Consumers Continue to Navigate Persistent Inflation by Changing Life Plans; Say They Want to Learn New Money Behaviors, According to Second Annual Wells Fargo Money Study
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Seventy-six percent of Americans are cutting back on spending, up from 67% in 2024, according to findings from the second annual Wells Fargo Money Study. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250225157049/en/Wells Fargo Money Study (Graphic: Wells Fargo) For adults in the firs...
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© BusinessWire
14.02.2025
ISIN: US9497461015

Wells Fargo & Co
WFC

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NYSE
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
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Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250214787310/en/Exterior of a Wells Fargo bank. (Photo: Wells Fargo) A quarterly cash dividend of $18.75 per share was declared on its 7.50%...
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© BusinessWire
13.02.2025
ISIN: US9497461015

Wells Fargo & Co
WFC

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NYSE
Wells Fargo Confirms Termination of 2018 OCC Compliance Consent Order
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Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency (OCC) terminated its 2018 consent order related to the company’s compliance risk management program. This is the tenth consent order closed by Wells Fargo’s regulators since 2019. This press release features multimedia. View the full release h...
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© PR Newswire
05.02.2025
ISIN: US9497461015

Wells Fargo & Co
WFC

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NYSE
Overland Advantage and Wells Fargo Lead Senior Secured Credit Facilities to FFF Enterprises, Inc.
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NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Overland Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo, announced today that it served as sole lead arranger and book-runner for a $215.0 million credit facility in...
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© BusinessWire
04.02.2025
ISIN: US9497461015

Wells Fargo & Co
WFC

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NYSE
Wells Fargo Confirms Termination of Two Longstanding Federal Reserve Consent Orders
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Wells Fargo & Company (NYSE: WFC) today confirmed that the Federal Reserve Board of Governors terminated two longstanding consent orders: a 2011 consent order regarding the company’s legacy mortgage servicing activities and a 2011 consent order regarding its legacy Wells Fargo Financial business. Wells Fargo’s regulators have now closed nine c...
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04.02.2025
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Wells Fargo & Co
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Wells Fargo to Present at the UBS Financial Services Conference
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Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the UBS Financial Services Conference on Tuesday, Feb. 11, 2025 at 8:50 a.m. ET. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250204115834/en/Facade of a Wells Fargo bank b...
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© BusinessWire
03.02.2025
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Wells Fargo Survey: Commercial Business Sentiment Reaches its Highest Level in Four Years, Following the Election
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Wells Fargo today released its 2024 Q4 Commercial Business Sentiment Report in collaboration with Barlow Research Associates. Following the 2024 presidential election, survey results found that commercial business sentiment had not only improved when compared to Q3 2024, but reached the highest sentiment index score, 112.9, recorded in the past fo...
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© BusinessWire
30.01.2025
ISIN: US9497461015

Wells Fargo & Co
WFC

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Jon Weiss, Co-CEO of Corporate & Investment Banking, to Retire from Wells Fargo
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Wells Fargo & Company (NYSE: WFC) announced today that Jon Weiss, Co-CEO of Corporate & Investment Banking (CIB), has informed the company of his intention to retire. Weiss, who has been with Wells Fargo for nearly 20 years, will step down as Co-CEO effective immediately and will formally retire on June 1, 2025. Fernando Rivas, who joined...
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About the newsfeed
#1
What types of information are provided on this portal - and what purpose does it serve?
The portal provides structured, stock market-relevant company information that is specifically assigned to a particular economic sector. The focus is on current announcements from official NewsWire sources, supplemented by company profiles, filter options by sector and sector-specific research aids. The aim is to offer an interested group of people a systematically structured research environment that improves their understanding of sector developments and corporate strategies.
#2
Why are companies categorized according to a certain system?
Financial markets consist of thousands of listed companies with very different business models. In order to create transparency and comparability, companies worldwide are assigned to standardized classifications. These classifications help investors to better analyze markets, identify sector-specific trends and make more targeted investment decisions.
#3
What classification standards exist for grouping companies?
There are various industry classifications that are used depending on the region or application. The best known include GICS (Global Industry Classification Standard), ICB (Industry Classification Benchmark), NAICS (North American Industry Classification System) and TRBC (Thomson Reuters Business Classification). Most institutional investors and ETFs worldwide use GICS or ICB as a benchmark.
#4
What classification standard is this financial information portal based on?
The portal uses the Global Industry Classification Standard (GICS), which was jointly developed by MSCI and S&P Dow Jones Indices. GICS is widely used in the institutional financial world and forms the basis for many global equity indices, ETFs and research systems.
#5
What exactly does GICS mean - and how is the system structured?
GICS stands for Global Industry Classification Standard. It is a hierarchical structure that divides listed companies worldwide into four levels: Sector, Industry Group, Industry Sector and Sub-Industry. In total, the system comprises 11 main sectors, over 60 industries and more than 150 sub-categories. It allows a consistent, internationally comparable analysis of economic activities.
#6
Why is GICS important in the financial world?
GICS offers a standardized language for investment decisions. It makes it possible to compare companies with similar business models - regardless of country, stock exchange or company size. Many investment funds, indices and research houses use GICS as a basis for portfolio construction, risk analysis or market screening. This means that it also makes sense for private investors to use this structure as a guide.
#7
Who decides which GICS sector a company is assigned to?
The allocation is made by the index providers MSCI and S&P Dow Jones on the basis of a company's main business segment. The decisive factor is the segment from which the company generates the majority of its sales or operating profit. Changes in the business model or strategic realignments can lead to a company being assigned to a different industry or even a different sector.
#8
What is meant by the GICS sector "Materials"?

The GICS "Materials" sector comprises companies that are active in the production, processing or refinement of raw materials. This includes industries such as chemicals, building materials, paper & forest products and the entire metallurgical and mining industry. The sector is highly cyclical and is particularly sensitive to economic fluctuations and changes in global demand.

#9
Which companies typically belong to the Materials sector?
Typical representatives are international groups from the areas of chemicals production (e.g. BASF), precious metal mining (e.g. Barrick Gold), building materials production (e.g. Heidelberg Materials) or industrial gases (e.g. Linde). The shares of these companies are often heavily dependent on commodity prices and play a central role in industrial value chains.
#10
Where does the company news on this page come from?
The news is based on verified and publicly available sources such as BusinessWire, GlobeNewswire, PR Newswire, EQS, Newsfile, ACCESSNewswire and other NewsWire services. These platforms are used by listed companies to publish mandatory ad hoc announcements, financial reports or strategic developments. All content is prepared in a structured manner and, if a corresponding categorization is possible, brought together in industry-specific clusters.
#11
How is the sector-specific mapping of messages carried out?
Categorization is based on structured metadata (e.g. ISIN, ticker, sector classification) and a combination of keyword analysis and GICS mapping. This ensures that all news is assigned to the correct sector and - if available - the correct sub-sector.
#12
Why is the materials sector particularly interesting for investors?
The Materials sector is closely linked to global industrial production and offers both cyclical growth opportunities and hedging opportunities against inflation and raw material shortages. In addition, many companies in this sector play a key role in future topics such as electromobility, the energy transition and sustainable building materials.
#13
What distinguishes this project from traditional financial information portals?
In contrast to generic portals, this project focuses exclusively and specifically on a particular sector. The advantage for interested investors: Sector-specific information, news, market movements and company profiles can be filtered and analyzed in a more targeted manner. This enables more in-depth research and greater relevance for thematic investment decisions.
#14
Are smaller companies also represented here or only large corporations?
The newsfeed takes into account both large caps and mid and small caps. As a clear mapping criterion is required in order to enable the most precise possible allocation to a cluster, the ISIN of the listed company is generally used for this purpose, provided that this can be made available or mapped via corresponding newsfeed parameters.
#15
How up-to-date are the displayed messages?
The content is updated regularly. The publication follows the publications of the information source, the NewsWire feeds of the underlying distributors. Incoming reports are automatically processed, classified and displayed on the page. Timestamps and source information ensure maximum transparency.
#16
Can I also filter the news by sub-sector?
Yes, this is a central feature of the site. Within a main sector, you can filter specifically for sub-sectors such as "Metals & Mining". For particularly popular industries or developments within a meta-sector, it is possible to deviate from standard clusters. Special categories with particular information value enable thematic analyses to be carried out even more precisely.
#17
Are there plans to process other metasectors in a similar way?
Yes, this financial information portal is part of an extensive project in which separate information portals are being created for all the main sectors. The aim is to provide investors with a systematic, sector-based research tool - regardless of index affiliation or provider perspective.
#18
Why do companies publish announcements via NewsWire services at all?
NewsWire services such as BusinessWire or PR Newswire fulfill a regulatory function: they enable companies to publish price-sensitive information publicly and without discrimination. In many countries, the use of such services is a prerequisite for fulfilling publication obligations under capital market law. They also enable companies to reach the media, analysts and investors in a targeted manner.
#19
Can private or inactive companies also appear in such notifications?
Generally not. The platform focuses exclusively on listed companies whose disclosures are based on regulatory requirements or corporate strategy measures. Although private or unlisted companies occasionally publish announcements, these are not systematically processed or classified here.
#20
What happens when a company changes its business model - does its sector classification also change?
Yes, as a rule - but not automatically. The responsible classification institutes (e.g. MSCI and S&P for GICS) regularly check the relevance and consistency of the classifications. If there is a significant change in a company's sales or profit profile, it may be reclassified to a different industry or even a different sector. This usually takes place after fixed review cycles or upon request.
#21
How is it ensured that a company is correctly categorized if it is active in several business areas?
The categorization is based on the dominant sales segment. If a company is active in several sectors but generates 70% of its turnover with chemical products, for example, it is assigned to the GICS sector "Materials" - even if it also has activities in the energy or transportation sector. In borderline cases, additional qualitative assessment criteria apply.
#22
Are there any legal risks in the further use of the displayed content?
The content comes from public sources, but is partially subject to copyright protection - particularly with regard to text structure and layout. The excerpts and links provided on this portal are made within the scope of permitted use (e.g. right to quote or editorial processing). However, commercial use by third parties is not permitted without the express permission of the original providers.
#23
Who can I contact if I have general questions or legal concerns?
A central contact point is available for general inquiries, information on company recordings, compliance issues or copyright-relevant aspects. In rare cases, for example in the case of erroneously published information or justified requests for deletion, a review and, if necessary, removal from the public feed can take place. Please only use the official contact option in the legal notice or at the bottom of the page.
#24
Is advertising or third-party content also displayed on the portal?
Yes, in defined areas the portal can display advertising content or product-specific information from third parties - for example on sector-related financial services, research offers or trading platforms. This content is clearly marked as advertising or partner information and is separate from the editorial or automatically processed company news.
#26
Can I give feedback on the platform or submit suggestions?
Absolutely - feedback is expressly welcome. The platform is an open information service that is continuously being developed. Comments on functionality, data quality, usability or thematic extensions help to optimize the service for the benefit of users. You can submit your suggestions informally via the contact page or special feedback forms.
#27
I am an information provider - can I cooperate with the portal?
Yes, the portal is open to content-related, technical or editorial cooperation, provided that this contributes to the quality, relevance or dissemination of the offering. If you offer content, interfaces or services that could be useful in the context of stock market-related information, we would be pleased to hear from you. The platform offers flexible integration options and a professional environment for quality-assured content.
#28
Can the platform technology also be used for other applications or partners?
Yes, the platform is based on a modular, scalable infrastructure that can be adapted to different information contexts and industry models. Technical components such as data aggregation, structuring logic, classification mechanisms and semantic filters can also be made available for external projects or individual applications on request. Please contact us for cooperation or license models.
#29
Can the underlying company data also be licensed or reused?
Structured access to selected master data of listed companies - such as GICS mapping, ISIN mapping, news feeds or metadata filters - is generally possible. The offer is aimed in particular at information service providers, research platforms or data-driven financial applications. Data can be provided via defined interfaces (e.g. API) or exportable formats, depending on the intended use and license framework.
#30
What forms of cooperation with external partners are conceivable?
Basically open. Possible forms of cooperation range from technical integrations and shared data models to content syndication or white label solutions. Partnerships with institutions that are looking for access to quality-assured data, dynamically structured news or sector-specific analyses - for example in the FinTech, media or research environment - are particularly interesting. We look forward to hearing from business development or product management departments.
#31
Why does this portal differ technically and conceptually from other information offerings?
Because no one from outside the industry is trying to understand the financial market here - but because the know-how comes from the heart of the financial world. The technical platform was developed by a team that combines in-depth market knowledge with innovative system design. The result: information architecture with real relevance, not shop window technology.
#32
What makes the technical solution particularly interesting for operators of their own financial portals?
In addition to high adaptability, the platform impresses with its modular structure and the consistent implementation of industry-specific logic - from GICS mapping to metadata filtering. For providers who operate their own information portals, sector-specific data structures, news feeds or visualizations can be quickly integrated on this basis - either as a white label, API module or embedded solution.
#33
Why can a collaboration go beyond traditional development services?
Because we don't just program, we think: The technological implementation is based on a deep understanding of market cycles, regulations, data formats and investor needs. Anyone who cooperates with this platform benefits from a sparring partner at eye level - both technically and professionally. This creates added value that goes far beyond pure IT expertise.
#34
Note on copyright and the processing of original content
The corporate news presented on this information portal is based on publicly accessible sources such as BusinessWire, GlobeNewswire, PR Newswire or comparable news services. The content is processed as part of an automated or editorially supported structuring process without changing, shortening or reinterpreting the content of the original information. This is so-called "as is" information, the form and content of which corresponds to the originally published announcement. The rights to the original texts remain unrestrictedly with the respective publishers or copyright holders. This portal merely assumes a structural categorization and allocation within the framework of a news-journalistic offer. Independent commercial reuse, systematic reproduction or other use of the content by third parties is only permitted within the framework of the statutory provisions or with the consent of the copyright holder.
About GICS Health
GICS Health is part of the GICS Eleven information portfolio, which focuses primarily on information from listed companies in the health sector. The sector classification serves as a guide to navigate quickly and conveniently through the latest industry-specific news. Individual peer group clusters complement the news offering.
About GICS Eleven

GICS Eleven (G11, GICS11) bundles topic-specific content and enables quick access to relevant information thanks to its gate function. The project is largely based on the Global Industry Classification Standard (GICS®), which was developed by MSCI and Standard & Poor's and enables a breakdown into sectors. GICS® consists of 11 sectors, 24 industry branches, 69 industries and 158 sub-industries.

GICS® is a registered trademark of MSCI Inc. and S&P Dow Jones Indices.

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