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Wells Fargo CEO to unveil cost-cutting plan

Wells Fargo & Co Chief Executive Charlie Scharf will give investors more details on his long-awaited turnaround plan for the scandal-plagued bank this week. ....

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Exclusive: Wells Fargo close to deal with buyout firms for asset management business - sources

2 Min Read
(Reuters) - Wells Fargo & Co is in exclusive talks to sell its asset management business, which manages more than $607 billion on behalf of customers, to a private equity consortium led by GTCR LLC and Reverence Capital Partners LP, according to people familiar with the matter.
FILE PHOTO: Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon
The divestment would represent the U.S. bank’s biggest shake-up since former Bank of New York Mellon Chief Executive Charles Scharf joined as CEO in 2019.
The exact price being negotiated could not be learned, but Reuters previously reported that Wells Fargo was seeking more than $3 billion for the unit. ....

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TD Bank to buy Wells Fargo's Canadian Direct Equipment Finance business

By Reuters Staff
1 Min Read
FILE PHOTO: TD bank ATM machines are seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon
(Reuters) - Toronto-Dominion Bank said on Thursday it had agreed to buy U.S. lender Wells Fargo & Co’s Canadian Direct Equipment Finance business.
The Canadian Direct Equipment Finance business has about C$1.5 billion in assets and provides loans and leases for commercial equipment bought by businesses across Canada.
The deal is expected to close in the first half of 2021.
TD Securities served as financial adviser to TD Bank for the deal, while Wells Fargo Securities served as exclusive financial adviser to Wells Fargo. ....

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Becoming Elizabeth: New drama about young Tudor queen filming in Wells

Becoming Elizabeth: New drama about young Tudor queen filming in Wells
The drama will tell the story of a teenage Elizabeth Tudor
St Andrew Street and Wells Cathedral have been used for filming this week for a new eight-part drama called Becoming Elizabeth (Image: Mid Somerset)
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Westport author's fantasy weaves a tale of assassins and aliens in 'The Brass Queen'

Westport author s fantasy weaves a tale of assassins and aliens in The Brass Queen
TinaMarie Craven
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The Brass Queen is Westport author Elizabeth Chatsworth s debut novel.CamCat Publishing / Contributed photoShow MoreShow Less
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Westport author Elizabeth Chatsworth will be celebrating the release of her debut novel “The Brass Queen” during the Westport Library’s virtual event on Jan. 12.
Chatsworth will be joined by writer Gabi Coatsworth and Neo Victorian Hip Hop Emcee and YouTuber Professor Elemental and Tom Caruana who created a song based on Chatsworth’s character.
Chatsworth’s book tells the tale of a Miss Constance Haltwhistle who sells firearms under the alias of the “Brass Queen” during the late 1800’s in a steampunk inspired world. ....

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