Wells Fargo

Business News

Financial Sector Breakout Signals Strength: Is It Time to Buy?

The Financial sector XLF ETF broke out and hit new 52-week highs on Friday, driven by solid earnings from key financial players.

Business News

Wells Fargo Reportedly Fired More Than a Dozen Employees for Faking Keyboard Activity

The bank told Bloomberg that it "does not tolerate unethical behavior."

Business News

Free Check-Up On The Market And Economy, Sponsored By Big Banks

Banking earnings are out to kick off the season, and the profit centers, as well as contractions, can tell you a lot about the current state of the market

Business News

Wall Street Banks Slapped with $549 Million in Fines for Using WhatsApp 'Off-Channel' at Work

Among the fined banks, Wells Fargo faces the steepest penalty at $125 million.

Business News

Bank of America Slammed With $250 Million Fine for Opening Fake Accounts, Double-Dipping Charges — Here's How to Find Out If You Qualify for Payment

At least as far back as 2012, bank employees created unauthorized credit card accounts in customers' names to boost sales and better evaluations.

Business News

Wells Fargo Will Step Back From This Key Industry, Reportedly Conduct Layoffs

The bank announced it will be significantly shifting its focus and taking a step back from the housing market.

Business News

Wells Fargo VP Fired For Allegedly 'Urinating' On Plane Passenger

Terminated employee Shankar Mishra was based in Mumbai.

Business News

'Repeat Offender' Wells Fargo Fined Record $3.7 Billion For Harming Customers

It is the largest fine ever imposed by the Consumer Financial Protection Bureau. And the agency said it likely wasn't done yet.

Business News

Fake Job Interviews: The Dark Side of Wells Fargo's 'Diversity' Efforts

Former and current employees speak up on witnessing "fake" diversity efforts by the bank, giving interviews to diverse candidates for jobs that had already been filled.

Business News

Bank of America to Slash Overdraft Fees, Experts Call the Move 'Brilliant'

In addition, non-sufficient funds fees will be eliminated completely.

Business News

Homebuilder Confidence Drops to 13-Month Low on High Material Costs and Surging Home Prices

The HMI index component that gauges current sales conditions fell five points to 81 in August, while the part that measures traffic of prospective buyers also recorded a five-point drop to 60.

Business News

Wells Fargo Drift Lower After Q2 Earnings

Wells Fargo (NYSE: WFC) is faced with a headwind that has emerged for the entire banking sector. The massive amounts of stimulus pumped into the econ...

Noticias

Los clientes están enojados con Wells Fargo y JPMorgan por retrasos en los cheques de estímulo

Los bancos de Wall Street enfrentan críticas luego de anunciar que los clientes recibirían el pago no antes del miércoles.

Business News

Customers Are Angry at Wells Fargo and JPMorgan for Stimulus Checks Delays

The Wall Street banks are facing criticism after announcing that customers would receive payment no earlier than Wednesday.

Business News

What 5 Top Execs Think About the Prospect of More Economic Stimulus

Earnings season kicked off on Tuesday, and executives are sounding off on the stimulus stalemate and the risks it poses to the ongoing economic recovery.