Presentation on theme: "Wells Fargo & The Financial Services Industry Don Collins, Vice President and Business Banking Manager Tressa Stadel, Vice President and Sr. Relationship."— Presentation transcript:
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
11 Topics to Discuss Who is Wells Fargo Current events in the financial services industry Trends and innovation in the industry Commercial lending topics
22 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
33 Current Events Regulatory Reform Economic growth Loan demand
44 Innovation in the Industry Check 21 Mobile Services Payment Services
55 Check 21 How did 9/11 impact the financial services industry? How do checks clear now? What are the future implications?
66 Mobile Services 7.2 million customers use our mobile banking services Customers can transmit wires, approve positive pay etc E-receipts
77 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?
88 Key Lending Issues- The 5 Cs Capacity Conditions Capital Collateral Character
99 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