Advertisements



We are Sorry, This Page doesn't Exist


Will Wells Fargo Sales Scandal Open a Can of Worms for Banks?

Banks likely to get entangled in regul.....»»

Category: smallbizSource: nytJun 15th, 2018

Wells Fargo settles retail sales lawsuit for $142 million

Wells Fargo said Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phoney bank accounts......»»

Category: topSource: moneycentralJun 15th, 2018

Wells Fargo settles retail sales lawsuit for $142 million

(Reuters) - Wells Fargo & Co said on Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phony bank accounts......»»

Category: topSource: reutersJun 15th, 2018

Phony bank accounts not a "systemic" issue: U.S. regulator

A U.S. bank regulator said on Thursday that an industry-wide review prompted by Wells Fargo & Co's sales practices scandal had uncovered some instances of phony accounts at other lenders but little evidence of a "systemic" problem......»»

Category: topSource: moneycentralJun 7th, 2018

Phony bank accounts not a "systemic" issue: U.S. regulator

WASHINGTON (Reuters) - A U.S. bank regulator said on Thursday that an industry-wide review prompted by Wells Fargo & Co's sales practices scandal had uncovered some instances of phony accounts at other lenders but little evidence of a "systemic" problem......»»

Category: topSource: reutersJun 7th, 2018

Wells Fargo CEO says bank poised to boost auto lending

Wells Fargo & Co. Chief Executive Officer Tim Sloan said the firm is ready to increase lending for car sales after pulling back last year, and is now looking with concern at the commercial real estate market......»»

Category: topSource: moneycentralMay 21st, 2018

Wells Fargo to pay $480 million to resolve lawsuit related to sales scandal

(Reuters) - Wells Fargo & Co said on Friday it will pay $480 million to resolve a securities fraud lawsuit related to a sales scandal that surfaced in 2016......»»

Category: topSource: reutersMay 4th, 2018

Wells Fargo Expert Sees Zero Chance Of Fed Reacting To Trump Remarks

President Donald Trump's criticism of the "loco" Federal Reserve will likely have "zero impact" on future policies, according to Michael Schumacher, head of interest rate strategy at Wells Fargo & Co (NYSE: read more.....»»

Category: blogSource: benzingaOct 15th, 2018

Wells Fargo, haunted by scandal, reports higher third-quarter profit

Wells Fargo reported an increase in third-quarter net income compared with a year ago, but missed Wa.....»»

Category: topSource: usatodayOct 12th, 2018

Wells Fargo quarterly profit falls short of estimates

Wells Fargo & Co (WFC.N) posted a quarterly profit that fell short of analysts' estimates on Friday, as a $13 billion drop in new mortgage borrowing offset the bank's efforts to cut costs......»»

Category: topSource: moneycentralOct 12th, 2018

Wells Fargo quarterly profit falls short of estimates

Wells Fargo & Co posted a quarterly profit that fell short of analysts' estimates on Friday, as a $13 billion drop in new mortgage borrowing offset the bank's efforts to cut costs......»»

Category: topSource: reutersOct 12th, 2018

JPMorgan Chase"s first Baltimore branch likely coming in 2019

Rob Robertson, a former Baltimore Ravens fullback, used to oversee Wells Fargo's mortgage sales team for Greater Washington but moved to JPMorgan Chase in May......»»

Category: topSource: bizjournalsOct 8th, 2018

U.S. retailer group sees 2018 holiday sales up more than 4 percent

U.S. holiday sales will increase 4.3 percent to 4.8 percent, getting a boost from a strong economy, according to a forecast from a leading retail industry group......»»

Category: topSource: reutersOct 3rd, 2018

How Wells Fargo Is Dealing With Its Fake Accounts Scandal

The bank is trying to "fix things forward." Mary Mack, a senior executive vice president at Wells Fargo who heads Community Banking and Consumer Lending at the bank, compares her past two years at the company to being in a "hurr.....»»

Category: europeSource: fortuneOct 2nd, 2018

Wells Fargo sees near-term strength for Acuity Brands, upgrades to Outperform

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 21st, 2018

Big Tobacco Still Has Pricing Power

Altria, like other tobacco stocks, has had a tough 2018, but it can still raise prices—a critical factor as sales volumes decline, argues Wells Fargo......»»

Category: topSource: barronsSep 20th, 2018

Wells Fargo plans 5 percent to 10 percent workforce cut that could affect 26,500 positions

Wells Fargo plans to cut costs by imposing a 5%-10% workforce reduction over the next 3 years that could affect up to 26,500 positio.....»»

Category: topSource: usatodaySep 20th, 2018

Wells Fargo plans 5 percent to 10 percent workforce cut over the next three years

Wells Fargo plans to cut costs by imposing a 5 percent to 10 percent workforce reduction that coul.....»»

Category: topSource: usatodaySep 20th, 2018

Wells Fargo sees headcount down approximately 5%-10% in next three years

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 20th, 2018

Wells Fargo sees headcount down approximately 5%-10% in next three years

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 20th, 2018