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Wells Fargo plans to close 800 more branches by 2020

Mounting expenses have unnerved Wall Street, and Wells Fargo hopes closing branches will help......»»

Category: marketsSource: cnnJan 12th, 2018

Wells Fargo plans to close 800 more branches by 2020

Mounting expenses have unnerved Wall Street, and Wells Fargo hopes closing branches will help......»»

Category: marketsSource: cnnJan 12th, 2018

800 Wells Fargo branches to close by 2020

Mounting expenses have unnerved Wall Street, and Wells Fargo hopes closing branches will help......»»

Category: topSource: cnnJan 12th, 2018

Wells Fargo reports progress on branch closings

Wells Fargo & Co., which has almost 6,000 branches — more than any U.S. bank — is making progress on its plans to close hundreds of branches. The bank reiterated its intention to close branches during a conference call with analysts July 14, t.....»»

Category: topSource: bizjournalsJul 24th, 2017

Wells Fargo lists Washington state branch closures

Wells Fargo plans to close four Washington state branches as part of a nationwide cost-cutting plan......»»

Category: topSource: bizjournalsJul 21st, 2017

Banks Accelerate Branch Consolidation as Mobile Technology Takes Over

The news last week that Wells Fargo & Co. (NYSE:WFC) had disclosed plans to close 400 branches in the next two years signalled a new phase in a trend still gaining momentum as more bank customers u.....»»

Category: worldSource: nytFeb 2nd, 2017

Wells Fargo Closing More Than 400 Bank Branches

Wells Fargo & Co. (NYSE:WFC) said it plans to close more bank branches as more of its customers use their phones and computers to make deposits, transfer funds and pay bills online. The bank, the secon.....»»

Category: dealsSource: nytJan 18th, 2017

Wells Fargo sets out plans to close 400 branches

Move to cut costs as US bank looks to recover from sham accounts scandal.....»»

Category: topSource: ftJan 13th, 2017

Wells Fargo will close four Minnesota branches

The bank will shutter or consolidate four locations as part of a nationwide cost-cutting plan......»»

Category: topSource: bizjournalsJul 25th, 2017

Why Wells Fargo should close more branches

Wells Fargo is being urged by one vocal analyst to shutter more branches to boost earnings. CLSA analyst Mike Mayo told clients that Wells could boost earnings-per-share by 25 percent if it matched Bank of America’s branch footprint. Of course, BofA cu.....»»

Category: topSource: bizjournalsDec 2nd, 2016

Tiffany & Co."s price target raised after company announces fiscal 2018 spending plan

Tiffany & Co.'s price target was bumped up to $108 from $96 at Wells Fargo after the luxury jeweler announced plans to reinvest its tax reform savings in the business. Analysts maintained their market perform stock rating. Tiffany shares are up 2.....»»

Category: topSource: marketwatch21 hr. 53 min. ago

Stocks close higher as some companies pledge to spend tax bill savings on higher wages - CNBC

CNBCStocks close higher as some companies pledge to spend tax bill savings on higher wagesCNBCNBCUniversal and CNBC parent Comcast, as well as Boeing AT&T and Wells Fargo, a.....»»

Category: topSource: googlenewsDec 22nd, 2017

Thankful for Massive Tax Cut, AT&T, Wells Fargo Promise to Share the Wealth

President Donald Trump has yet to sign the tax overhaul that promises to slash corporate taxes, but several big U.S. companies raced to tout plans to dole out some of the expected windfall......»»

Category: smallbizSource: wsjDec 20th, 2017

Wells Fargo, AT&T, others cite tax overhaul in plans to boost wages, pay bonuses

Several major companies, perhaps eager to boost public opinion for the tax overhaul that dramatically slashed their taxes, said Wednesday that they will boost employee pay and bonuses in the wake of federal tax law changes. It marks a dramatic chang.....»»

Category: topSource: bizjournalsDec 20th, 2017

Wells Fargo, AT&T, others cite tax changes in plans to boost wages, pay bonuses

Several major companies, perhaps eager to boost public opinion for tax reform that dramatically slashed their taxes, said Wednesday that they will boost employee pay and bonuses in the wake of federal tax law changes. It marks a dramatic change fr.....»»

Category: topSource: bizjournalsDec 20th, 2017

Navajo Nation sues Wells Fargo for alleged predatory tactics, seeks damages

The tribe alleges employees at Wells Fargo branches on the vast reservation "routinely misled customers into opening unnecessary accounts and obtained debit and credit cards without customers' consent.".....»»

Category: topSource: foxnewsDec 12th, 2017

RBS to Undertake Another Branch Closure Drive Next Year

Royal Bank of Scotland's (RBS) financials are likely to benefit from this move. The Royal Bank of Scotland plc RBS recently announced plans to close about 259 branches in order to accommodate changing customer preferences to digitizatio.....»»

Category: worldSource: nytDec 4th, 2017

Wells Fargo: 3 Reasons Stifel Financial Presents A Compelling Opportunity

Stifel Financial Corp (NYSE: SF) reported a third quarter profit of $66.5 million after the close Oct. 30......»»

Category: blogSource: benzingaDec 1st, 2017

Wells Fargo (WFC) Set to Close Personal Insurance Business - Nasdaq

Wall Street JournalWells Fargo (WFC) Set to Close Personal Insurance BusinessNasdaqContinuing with its streamlining of insurance products, the U.S. banking and f.....»»

Category: topSource: googlenewsNov 29th, 2017

Benzinga"s Top Upgrades, Downgrades For November 6, 2017

Top Upgrades Wells Fargo upgraded Host Hotels and Resorts Inc (NYSE: HST) from Market Perform to Outperform. Host Hotels shares rose 0.87 percent to close at $19.63 on Friday. read more.....»»

Category: blogSource: benzingaNov 6th, 2017

Wells Fargo aims to make using ATMs even easier with new technology

Wells Fargo said Tuesday that it has added hardware to 40 percent of its ATMs with “tap and pay” technology that relies on customers using smartphones, mobile wallet and their PIN. The San Francisco-based bank plans to upgrade all 13,000 of i.....»»

Category: topSource: bizjournalsOct 10th, 2017