Transcript Wells Fargo .pptx

Wells Fargo &
The Financial
Services Industry
Don Collins, Vice President and Business
Banking Manager
Tressa Stadel, Vice President and Sr.
Relationship Manager
Central Washington University
February 23, 2012
Topics to Discuss
•
Who is Wells Fargo
•
Current events in the financial services industry
•
Trends and innovation in the industry
•
Commercial lending topics
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Who is Wells Fargo?
•
Diversified financial services company with over
80 lines of business
•
$1.3 trillion in assets
•
270,000 team members
•
9,000 stores across the country
•
#1 SBA lender and first lender to lend over $1
billion in SBA
•
#1 agriculture lender in the US
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Current Events
•
Regulatory Reform
•
Economic growth
•
Loan demand
3
Innovation in the Industry
•
Check 21
•
Mobile Services
•
Payment Services
4
Check 21
•
How did 9/11 impact the financial services
industry?
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How do checks clear now?
•
What are the future implications?
5
Mobile Services
•
7.2 million customers use our mobile banking
services
•
Customers can transmit wires, approve positive
pay etc
•
E-receipts
6
Payment Shift
•
Clients can now transfer money between banks
with mobile devices
•
Businesses are using electronic payments to
transmit money
•
Internal controls are important with electronic
payments
•
What are the future implications?
7
Key Lending Issues- The 5 C’s
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Capacity
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Conditions
•
Capital
•
Collateral
•
Character
8
Borrowing Causes
•
Increase in current assets due to sales growth
•
Increase in current assets due to declining asset
efficiency
•
Change in trade terms
•
Decrease in net worth
•
Capital expenditure
9
Questions?
© 2012 Wells Fargo Bank, N.A. All rights reserved. For public use.
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