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'Oh no, not again,' Sally Maddy remembers thinking. It was 1996. Maddy and 50 co-workers at Norwest Bank in Duluth had just been told their back-office operations division would be [...]

Norwest Corp. Chief Executive Richard Kovacevich told shareholders at the annual meeting Tuesday that the company could do a better job of cross-selling mortgage, business and investments products and that [...]

Tom Clancy's prospective Vikings ownership group has selected Citicorp USA Inc. as its primary lender in the purchase of the team, Clancy co-investor Marc Ganis said Friday. In addition, Citicorp [...]

Norwest Corp. announced record first-quarter earnings Tuesday of $367.7 million, up 14.2 percent from the same quarter a year ago despite declines in its consumer financing division. Earnings per share [...]

Norwest Corp. made good on analysts' expansion predictions Thursday when it announced that it will buy 401(k) plan administrator EMJAY Corp. and investment advisory firm Maier/Hauswirth. Terms were not disclosed. [...]

Norwest Corp. Chief Executive and Chairman Richard Kovacevich received $3.47 million in salary, bonuses and other compensation during 1997, up 4.5 percent from his 1996 compensation, according to the company [...]

Not even 24 hours after announcing a $1.4 billion acquisition in Minnesota and five other states, Norwest Corp. said Thursday that it will buy Little Mountain Bancshares Inc., a bank [...]

It's finally a done deal: The owner of MidAmerica Bank and five affiliated banks will sell to Norwest Corp. in the second quarter of 1998, Norwest officials said Wednesday. Terms [...]

Norwest Mortgage announced Monday that it is acquiring the prime lending businesses of WMC Mortgage Corp., which last year originated $2.81 billion in loans to borrowers with top-quality credit, mostly [...]

Norwest Corp. reportedly is negotiating to acquire the Bank of New Mexico, a community bank that could broaden Norwest's presence in that state by nearly 20 percent, according to a [...]

GE Capital Services may sell its mortgage servicing business, the Wall Street Journal reported Thursday, and Norwest Corp. - which owns the nation's largest mortgage company - is on a [...]

Norwest Corp. reported its 10th consecutive year of record earnings Thursday, matching analysts' consensus earnings estimates of $1.78 per share for 1997. Norwest's earnings of $1.35 billion for the year [...]

The consumer finance arm of Norwest Corp., has acquired a finance company in Argentina, marking its first entrance into that country and its seventh outside the United States. Terms were [...]

MidAmerica Bank is said to be in sales discussions with Norwest Corp., people familiar with the deal said Wednesday. If a sale goes through, the deal would mark an about-face [...]

Former Norwest, Dain Rauscher Executive Brings Deep Expertise in Investments and Financial Planning FORT WORTH, Texas -- The Board of Directors of First Command Financial Services, Inc., today announced it [...]

For 10 years, Ken Murray has scouted the Southwest spotting acquisition targets for his employer Norwest Corp. As executive vice president of Norwest for southwestern banking, Murray picks the targets [...]

The CEOs of Minnesota's two biggest bank holding companies have made dozens of acquisitions in recent years. Norwest tends to take small bites. The hungrier U.S. Bancorp gobbled up a [...]

Norwest Mortgage has claimed a new single-year record for mortgage-origination volume by a single lender, $51.69 billion as of Tuesday, surpassing the previous record of $51.5 billion set last year [...]

Many home buyers are surprised to learn that much of the personal financial information related to their mortgages and home equity loans is available for anyone to see. And there's [...]

Citing the big prices banks are bringing as the bank consolidation craze continues, Wells Fargo CEO Paul Hazen on Thursday told Bloomberg News Service that Wells would consider being bought [...]

***** Published 11/09/97: Because of incorrect information provided to the newspaper, this article incorrectly stated a Firstar bank teller charge on accounts subject to such charges. The correct charge is [...]

The brokerage arm of Norwest Corp. introduced its Online Trading service Friday, becoming the first local bank-holding company to offer a Web site devoted to giving customers online stock quotes, [...]

The board of directors of TCF Financial Corp., declared a two-for-one stock split and a regular quarterly cash dividend Monday. The move comes just 10 days after Norwest Corporation's two-for-one [...]

A partial list for this week. MONDAY Goodrich BF Co Johnson & Johnson Southern Co United Dominion TUESDAY Aflac Inc Camco Intl Inc Cinergy Corp Citicorp Consolidated Papers Inc First […]

Norwest Corporation's board of directors announced a second employee stock option program Tuesday that will allow employees to buy 400 shares of Norwest common stock at the option price of [...]

Norwest Corp. announced record quarterly net income of 89 cents a share Monday, in line with analysts' expectations of 'predictable above-average growth.' Net income rose 13.6 percent to $342 million [...]

Norwest Corp. said Friday that it has agreed to buy New Jersey-based J.L.J. Financial Services Corp., a small equipment leasing finance firm that operates primarily in New York, New Jersey [...]

Nine weeks after the acquisition that doubled assets to $72 billion, U.S. Bancorp's stock has nosed above $100 a share. The Minneapolis-based bank, formerly known as First Bank System, closed [...]

Norwest Corporation's chief credit officer, Bill Queenan, will retire in February because of minor health problems, company officials said in a memo to employees this week. Queenan, 58, has worked [...]

***** Published 09/25/97: This article should have said that Norwest's stock closed Tuesday up 44 cents. ***** In an effort to woo more investors, Norwest Corporation's board of directors Tuesday [...]

Norwest Corp. officials said Tuesday that three other executive vice presidents will take on the duties of Scott Kisting when he leaves at the end of this month to become [...]

Ask Richard Kovacevich, chief executive of Norwest Corp., if he's inclined to buy an investment bank, as several of his competitors have, and you get an answer that is as [...]

Passed over in February for the No. 2 job at Norwest Corp., Executive Vice President Scott Kisting, 50, surprised colleagues and industry analysts Tuesday by resigning to become the chief [...]

Mick Souder is as wired as the next guy, depending on who the next guy is, and Twin Cities area banks have been slow to notice. The St. Paul resident [...]

Shares of Norwest, First Bank and TCF are among those enjoying an incredible runup that is part of a national boom in financial stocks. As the rally continues, observers wonder [...]

Norwest Corp. said Tuesday it has appointed a veteran financial services consultant to the new position of senior vice president in charge of strategic initiatives. Anat Bird, former executive vice [...]

Norwest Corp. posted record earnings of $331.4 million or 86 cents a share for the second quarter of 1997, up 16.1 percent from the same quarter a year ago, thanks [...]

A Norwest Mortgage program of grants to help low- and moderate-income people buy homes has been renewed with an infusion of money from the Federal Home Loan Bank (FHLB) of [...]

The party started at Norwest Corp. at 3 p.m. Thursday, when employees ended a week of cliffhanger stock watching and began the high fives, hugs and cheers. After several close [...]

Norwest Corp. and accounting firm Arthur Andersen & Co. lost their appeal to withhold certain tax preparation software from the Internal Revenue Service, according to a ruling filed Thursday by [...]

Norwest Corp. has agreed to buy Fidelity Acceptance Corp., BankBoston's auto finance company, for $339 million in cash, beefing up a niche business that Norwest entered with another acquisition three [...]

The Norwest Corporation agreed to buy the Fidelity Acceptance Corporation, the BankBoston Corporation's auto finance company, for $340 million. Norwest, based in Minneapolis, will repay BankBoston $800 million in outstanding […]

In an effort to decrease fragmentation and boost the number of loans it buys from auto dealers in 16 states, Norwest Corp. will create one strategic marketing and product development [...]

Mark Korell, who resigned last week less than two months after becoming president and CEO of Norwest Mortgage, said Tuesday that his motivation included a desire not to move from [...]

The career of mortgage banker Mark Korell screeched mysteriously to a halt with the announcement Thursday of his resignation after less than eight weeks as president and CEO of Norwest [...]

Glendale Federal Bank said yesterday that it would buy the servicing rights to a $12 billion fixed-rate mortgage loan portfolio from Citicorp for an undisclosed amount. Glendale, a savings and […]

Norwest Corp. has signed an agreement to buy Omaha-based Packers Bank and Trust, a $166 million bank with four branches. The deal marks the fifth announced by the bank-gobbling Norwest [...]