News

Wells Fargo& Co. reported Tuesday another in a series of steady-as-you-go financial performances for the second quarter as the bank emerges from the Federal Reserve's final consent order. Diluted ...
When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...
In the meantime, the bank is trading for a discount of more than 10% compared to its pre-scandal price. To sum up how I feel about Wells Fargo as an investment, I think any effects (and potential ...
As if Wells Fargo's poor showing Tuesday as Chairman and CEO John Stumpf appeared before the Senate Banking Committee wasn't bad enough, the unfolding scandal looks even worse as more former ...
Wells Fargo & Co on Friday reported a 31% decline in third-quarter profit as the bank racked up costs related to a fake accounts scandal and boosted its loan loss reserves in preparation for a ...
JPMorgan’s chief, Jamie Dimon, lauded the “resilient” U.S. economy as his bank reported bumper quarterly earnings.
Wells Fargo’s growth has been limited since 2018 by an asset cap restriction imposed by the Federal Reserve as punishment for the bank’s sham accounts scandal and other misdeeds. Mr.
Wells Fargo CEO Timothy Sloan said retail-banking customer metrics may shift rather than mimic pre-settlement levels, in response to a question on the analyst call. Wells Fargo is trying to figure ...
A plunging stock price amid a corporate scandal can sometimes offer investors a long-term buying opportunity -- but in the case of Wells Fargo (WFC 0.86%), the road to redemption looks long and bumpy.
Real reason Wells Fargo scandal should scare you By Douglas Rushkoff. 3 minute read Updated 5:49 PM EDT, Fri September 9, 2016 ... no matter the impact on our lives and world. ...
DALLAS (AP) — It's the topic the banking industry can't avoid, even when people prefer not to mention it by name: Wells Fargo. Banking executives and consultants who normally focus on checking ...