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Wells Fargo to keep private-label credit card unit, Bloomberg says
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.....»»
Factbox: Remaining hurdles for scandal-hit Wells Fargo
Wells Fargo & Co has racked up well over $7 billion in penalties since a sales practices scandal erupted in 2016, and continues to face headwinds......»»
Remaining hurdles for scandal-hit Wells Fargo
Wells Fargo & Co and its officials have racked up well over $4 billion (3 billion pounds) in penalties since a sales practices scandal erupted in 2016, and continues to face headwinds......»»
Wells Fargo quarterly profit slumps as legal costs mount
Wells Fargo & Co reported a 55% slump in fourth-quarter profit on Tuesday, as the fallout from a sales scandal that erupted in 2016 drove the bank to set aside another $1.5 billion toward legal expenses......»»
Wells Fargo reports falling profit as legal costs mount
Wells Fargo & Co reported lower profits on Tuesday as the bank braced for additional legal expenses tied to a scandal that erupted more than three years ago......»»
Wells Fargo disappoints Wall Street as legal costs mount
Wells Fargo & Co missed third-quarter profit estimates on Tuesday as mortgage income sank and the fourth-largest U.S. bank by assets braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago......»»
Wells Fargo profit slumps 26% on legal costs
Wells Fargo & Co reported a 26% slump in quarterly profit on Tuesday, as mortgage income sank and it braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago......»»
Wells Fargo quarterly profit slumps 26% on legal costs
Wells Fargo & Co reported a 26% fall in quarterly profit on Tuesday, as the lender braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago......»»
Wells Fargo taps BNY Mellon"s Charles Scharf as CEO
Wells Fargo & Co named banking veteran Charles Scharf as chief executive officer on Friday, the lender's third CEO since a wide-ranging sales scandal erupted three years ago......»»
Wells Fargo names BNY Mellon"s Charles Scharf as CEO
Wells Fargo & Co named banking veteran Charles Scharf as chief executive officer on Friday, the lender's third CEO since a wide-ranging sales scandal erupted three years ago......»»
Angry shareholders and protesters are ready to unload on Wells Fargo
Wells Fargo is still under fire from shareholders, angry activists and assertive regulators, a year and a half after the fake-accounts scandal erupted......»»
OCC: Wells Fargo account scandal not industrywide problem, Bloomberg says
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.....»»
The Wall Street Journal: Wells Fargo firing 3 dozen district managers as part of sales-scandal cleanup
Wells Fargo is firing around three dozen district managers for oversight failures related to a sales scandal that erupted in its retail bank more than two years ago, The Wall Street Journal reported, according to people familiar with the matter......»»
"Big Short" investor Michael Burry bet on Tesla stock to tumble and inflation to crush long-dated bonds. Here"s what he bought and sold last quarter.
Burry's Scion Asset Management overhauled its stock portfolio, swapping out Pfizer and Wells Fargo for Alphabet and Occidental Petroleum. Michael Burry. Bloomberg TV Michael Burry bet on Tesla stock to fall and inflation to hammer lon.....»»
Wells Fargo overhauls top-tier checking accounts, to the dismay of some affluent customers
The bank will no longer consider mortgage and credit card balances to qualify for benefits and fee waivers in its checking accounts popular with affluent customers......»»
Wells Fargo overhauls top-tier checking accounts, to the dismay of some affluent customers
The bank will no longer consider mortgage and credit card balances to qualify for benefits and fee waivers in its checking accounts popular with the affluent......»»
Wells Fargo offering blocks of Baidu, Farfetch, Vipshop shares, Bloomberg says
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.....»»
Wells Fargo to sell corporate trust unit for $750M, Bloomberg reports
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.....»»
Wells Fargo takes big step forward in removing asset cap, per report
Wells Fargo has taken a big step forward in resolving a 2018 regulatory consent order that saddled the bank with an asset cap, according to a Bloomberg report......»»
Wells Fargo jumps as the bank reportedly gets Federal Reserve approval for overhaul plan
Wells Fargo stock climbed after a Bloomberg report the lender is moving closer to the Fed taking away an asset cap that has hurt the lender's growth. A Wells Fargo ATM machine sits in Los Angeles. Reuters Wells Fargo stock hit a high.....»»