Category: Investment Banking
S&P: Wells Fargo CEO Was Highest Paid in 2019
August 11, 2020 – A report by S&P said Charles Scharf, CEO of Wells Fargo, was the highest paid banking…
NYC Selects Underwriters. Wells Is In. Goldman and Morgan Stanley Are Out. Minority Firms Achieve 33% of Book-Running Roles.
August 7, 2020 – New York City announced results of its recent procurement process this morning – selecting underwriting firms…
Will Charges of Racism Derail Morgan Stanley and Wells Fargo’s Muni Underwriting?
July 8, 2020 – As 2020 move into its pivotal second half, investment bankers are gearing up for a slew…
Wells Fargo Remedial Work To Lift Fed Asset Cap Delayed by COVID-19 Pandemic. Democratic VP Nomination May Further Impact Stock Price.
June 1, 2020 – At the Bernstein Strategic Decisions Virtual Confenrece on Friday, Wells Fargo Charlie Scharf said the bank…
Federal Reserve Releases “Notice of Interest” for Municipal Liquidity Facility Borrowers
May 15, 2020 – The Federal Reserve Bank of New York (“FRNY”) has released a Notice of Interest (NOI) for eligible…
Muni Bankers Should Savor Their 2019 Bonus. Lean Years Lie Ahead.
November 26, 2019 – About this time every year, Wall Street bankers begin the process of performance evaluation and bonus…
Should Issuers Execute Taxable Advance Refundings?
September 6, 2019 – With 10 and 30 year Treasuries hovering near historic lows, at 1.54% and 2.02% respectively, public…
Fed Chair Powell: Wells Fargo Governance Still Unsatisfactory. Banned From Underwriting NYC Bonds.
July 31, 2019 – Two words – “mid-cycle adjustment” – from the Federal Reserve rocked markets on Wednesday. But at…
[Op-Ed] New York Should Stop Awarding Bond Underwriting Business to Goldman and Wells Fargo
New York considers herself an enlightened state. From educational equity to gay marriage; NYC ID to tenant protection, both State…
