You Searched For "Wells Fargo" and got 20 results
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2 mins read
Wells Fargo plummets 8% after posting its first quarterly loss since the financial crisis
The bank set aside $9.5 billion for credit loss protections over the quarter, nearly double the $4.…
Ben Winck
1 min read
Wells Fargo's Margins Were A Bit Thin
“Wells Fargo delivered outstanding first quarter 2013 results for our shareholders,” said CEO John …
Sam Ro
1 min read
Wells Fargo Earnings Basically Right In Line - Stock Going Nowhere
Wells Fargo $WFC reported Q4 EPS of $0.91, 2c better. Revs $21.9B vs $21.3BPretty snoozy start to b…
2 mins read
Wells Fargo slides 8% after CFO warns more profits will be diverted to loan-loss provisions
Net interest income — a key revenue stream for the firm — will slide 11% year-over-year in the curr…
Ben Winck
2 mins read
Wells Fargo was fined $250 million by federal regulators, while it says a separate 2016 CFPB consent order has expired
Wells Fargo CEO Charlie Scharf has been on a mission to reshape the bank since joining in 2019.
Carter Johnson
2 mins read
Wells Fargo slashed CEO Charles Scharf's pay by around 12% last year
Wells Fargo & Co. cut its CEO's payment by around 12% as it continues to downsize its annual expens…
Fatma Khaled
2 mins read
SEC charges Wells Fargo's former CEO and top executive for misleading investors over success of its core business
Stumpf signed and certified documents with the SEC in 2015 and 2016 when he should have known they …
Shalini Nagarajan
3 mins read
3 key ways banks will collaborate and digitize in 2022
Ather Williams III, an exec at Wells Fargo overseeing digital strategy and innovation, outlines opp…
Ather Williams III, Wells Far…
1 min read
LIVE: Wells Fargo Reports Earnings
On average, analysts expect the bank to report adjusted earnings per share of 97 cents on revenue o…
Julia La Roche
2 mins read
Stocks will pull back up to 7% multiple times and election-driven volatility will linger through early 2021, a Wells Fargo head strategist says
The Wells Fargo Investment Institute head of global market strategy is advising clients to hold cas…
Emily Graffeo
2 mins read
Wells Fargo's CEO says there is 'no question' that the US is heading into a downturn, and it will be hard to avoid recession
Charlie Scharf said while a recession in the US seems hard to avoid, the strength of businesses and…
Hamza Fareed Malik
1 min read
Wells Fargo rallies 4% after it discloses no losses related to the Archegos Capital margin call
"We were well collateralized at all times over the last week and no longer have any exposure. We di…
Matthew Fox
2 mins read
Ex-Wells Fargo exec says the company held 'fake interviews' with women and people of color for jobs already filled to inflate its diversity efforts
Three current Wells Fargo employees told The New York Times that the fake job interviews had been c…
Avery Hartmans
2 mins read
Manufacturing Jobs Remain At 60-Year Lows, But Profits Are Back To Pre-Crisis Highs
Balance sheets have also improved, they note. Current assets to current liabilities, which which he…
Rob Wile
1 min read
11 Reasons Why Being Rich Is The Worst
For one, you might need a psychologist to help with the wealth management process, and/or you may b…
Julia La Roche,Linette Lopez
1 min read
A Student Called Wells Fargo Bankers 'Boners' In An Email - And It Got Back To Wells Fargo
He presumably thought the email would remain confidential between the BAML guys. Of course, emails …
Julia La Roche,Linette Lopez
3 mins read
Wells Fargo pauses controversial hiring policy that a former exec said led to women and people of color being given 'fake' job interviews, a report says
The bank's controversial "diverse slate" policy is being suspended until July, the New York Times r…
Stephen Jones
4 mins read
Wells Fargo's first diversity report shows progress but also that work remains to make Wall Street look more like Main Street
The report highlighted programs the bank created to hire and promote more people from historically …
Marguerite Ward
1 min read
5 hostages were released after police and FBI negotiated for 8 hours during a bank robbery in St. Cloud, Minnesota
All hostages are believed to be bank employees, according to authorities, and no injuries have been…
Azmi Haroun
1 min read
The Rise Of The Part-Time Economy In One Chart
Wells Fargo Securities recently published their "Favorite Charts of 2013" and it included a chart i…