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Wells Fargo
Wells Fargo Fires Employees for Allegedly Faking Work; Consumer Sentiment Hits 7-Month Low | Business Matters Full Broadcast (June 14)
Wells Fargo last month terminated more than a dozen employees after reviewing allegations that they were involved in simulation of keyboard activity, creating an impression of active work, Bloomberg News ...
June 14, 2024
BY
Don Ma
Costco Is Selling up to $200 Million in Gold Bars Each Month
Despite robust, online-driven sales, 'pricing at that level and shipping costs suggests it’s a very low-profit business at ...
April 9, 2024
BY
Jack Phillips
US Bank Deposits Held up for Days After ‘Processing Error’ Delayed Numerous Payments
Some customers say they can't pay their rent or mortgage, or haven't received their paychecks.
November 7, 2023
BY
Jack Phillips
2 Suspects Escape After Robbery at Northridge Wells Fargo
NORTHRIDGE, Calif.—Police are continuing an investigation Nov. 1 into a bank robbery in Northridge where two suspects escaped ...
November 1, 2023
BY
City News Service
The Weaponization of Your Bank
Commentary The war on conservatives and traditional values has expanded to a new and threatening front. Commercial banks, ...
July 26, 2023
BY
Michael Wilkerson
American Banks Closed 273 Branch Locations in May
At least 273 bank locations closed across the United States in May, while 46 opened that month. Many ...
June 30, 2023
BY
Bryan Jung
Oklahoma Targets Wall Street ESG Activists
Oklahoma became the latest state to take action against Wall Street firms that it claims are hurting companies ...
May 4, 2023
BY
Kevin Stocklin
Wells Fargo Tops Wall Street 1st Quarter Targets, Earning $5 Billion
Wells Fargo beat sales and profit targets in the first quarter compared with a year earlier, boosted by ...
April 14, 2023
BY
The Associated Press
Banks Spend Billions on Climate, Racial Equity
In this year’s annual reports to shareholders, America’s largest banks proclaimed their allegiance to climate activism, racial equity, ...
April 12, 2023
BY
Kevin Stocklin
First Republic Gets $30 Billion Rescue From Top US Banks
First Republic Bank will receive $30 billion from some of the top U.S. banks in a bid to ...
March 16, 2023
BY
Jack Phillips
Wells Fargo Warns Customers of ‘Incorrect Balances or Missing Transactions’
A number of Wells Fargo online customers on Friday reported not seeing paychecks and direct deposits in their ...
March 10, 2023
BY
Jack Phillips
Wells Fargo Banker Gets Nearly 3 Years in Prison for Role in Money Laundering Scheme
SAN DIEGO—A former Wells Fargo personal banker, who pleaded guilty to federal charges for his role in an ...
February 28, 2023
BY
City News Service
Wells Fargo Misses Profit Estimate on Higher Reserves, Scandal Costs
Wells Fargo & Co. on Friday reported a 50 percent decline in profit for the fourth quarter, missing ...
January 13, 2023
BY
Reuters
American Banks Prepare for Decline in Profits, 17 Percent Drop Predicted for Top Six Banks in the Fourth Quarter
Big banks in the United States are getting ready to deal with shrinking profits due to factors like ...
January 10, 2023
BY
Naveen Athrappully
Wells Fargo to Pay $3.7 Billion Over Consumer Law Violations
WASHINGTON—Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by ...
December 20, 2022
BY
The Associated Press
NTD Business (Dec. 20): Study: Americans Paid Not to Work; Wells Fargo Ordered to Pay $3.7 Billion
Banking regulators are ordering Wells Fargo to repay billions of dollars to consumers for charging illegal fees and ...
December 20, 2022
BY
Don Ma
Top Wall Street Banks to Take Paper Losses of $17 Billion in Mortgage-Backed Securities
Rising mortgage rates are forcing big banks to write down losses on their mortgage-backed securities (MBS) amid the ...
November 18, 2022
BY
Naveen Athrappully
Wells Fargo to Pay Over $13 Million Penalty to Resolve 401(K) Review
Wells Fargo & Co. said on Monday it would pay a penalty of $13.2 million as part of ...
September 13, 2022
BY
Reuters
Over 40K Homebuyers in China Refuse to Pay Mortgage; Big Banks Report Earnings | NTD Business
Tens of thousands of Chinese homebuyers have stopped paying their mortgages. Why? How does it impact China's property sector? ...
July 15, 2022
BY
Cheney Wu
Wells Fargo CEO: ‘Rates Are Going Up, It Couldn’t Be Clearer’
Wells Fargo CEO Charles Scharf revealed that Americans and the U.S. economy aren't ready for Federal Reserve interest ...
June 30, 2022
BY
Jack Phillips
Labor Market Showing Signs of Cooling, Hourly Earning Increases Slowed: Wells Fargo
The labor market in the United States has cooled down in recent months and dropped to February 2021 levels, ...
June 24, 2022
BY
Katabella Roberts
Wells Fargo CEO Predicts Economic Downturn for US Economy
The CEO of Wells Fargo, Charlie Scharf said on May 17 that there was “no question” that the United ...
May 18, 2022
BY
Bryan Jung
Wells Fargo CEO Warns ‘No Question’ Worst Is yet to Come for Americans
The CEO of Wells Fargo warned Tuesday that there is "no question" that the U.S. economy is going ...
May 17, 2022
BY
Jack Phillips
Big Banks See Higher Net Interest Income as Rates Rise
NEW YORK—Wells Fargo & Co. and JPMorgan Chase & Co. reported a rise in net interest income in ...
April 16, 2022
BY
Reuters
Here’s How Wells Fargo Views Fintech Stocks Shopify, PayPal, Block
Wells Fargo analyst Jeff Cantwell launched global coverage of the payments and fintech sector with a bullish stance. He ...
April 6, 2022
BY
Benzinga
Nonprofit Ends Art Gallery Lease Over ‘Censorship’ Claim of Controversial Art
LAGUNA BEACH, Calif.—A nonprofit arts organization terminated a 20-year relationship with Wells Fargo over censorship claims after the ...
April 4, 2022
BY
Brandon Drey
Wells Fargo Sees 67 Percent Upside in Samsara Post Q4 Results
Wells Fargo analyst Michael Turrin on Thursday lowered the firm's price target on Samsara Inc. to $26 from $31 (67 percent ...
March 6, 2022
BY
Benzinga
TOP NEWS
US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
2hr
By
Kimberly Hayek
Here’s Who Won Key House Primaries in Arizona
3hr
By
Nathan Worcester
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
5hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
6hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
7hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
7hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
7hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
8hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
9hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
9hr
By
Jackson Richman
and
Nathan Worcester