Elizabeth Warren slams top bank regulator over Wells Fargo mess
A top US bank regulator said Wednesday he will help vet Wells Fargo’s next chief executive — even as he got ridiculed by US Sen. Elizabeth Warren for his past oversight of the beleaguered bank. Sen…
Wells Fargo to cut 10 percent of workforce over next 3 years
NEW YORK (AP) - Wells Fargo plans to cut up to 10 percent of its workforce over the next three years, the bank announced on Thursday, which will result in thousands of job losses for employees of the nation's third-largest bank Wells Fargo & Co. Chief Executive Tim Sloan made the announcement to employees on Thursday. The bank currently employs roughly 265,000 workers, and plans to…
Ocasio-Cortez questions Wells Fargo over involvement in ‘caging of children’ at border
WASHINGTON – Rep. Alexandria Ocasio-Cortez demanded to know why Wells Fargo was “involved in the caging of children” at a House hearing with the bank’s CEO on Tuesday. “I am interested in the…
Court rules against Wells Fargo protestors, but encourages 'the...
The three protesters who prevented a downtown Duluth bank from opening one morning earlier this year were found guilty of trespassing by a judicial referee on Thursday. The three men were fined $135 each for the petty misdemeanor convictions.But in his ruling, Judicial Referee John Schulte seemed to...
How the Wells Fargo scandal happened — and will again
Another slap on the wrist for another shameful racket by a big bank. The problems are easily identified and could be corrected.
Trio surges to top of Wells Fargo leaderboard
Joel Dahmen held his own playing in the final group for the first time and wound up in a three-way tie with Jason Dufner and Max Homa in Charlote, N.C
Wells Fargo to cut 10 percent of workforce (26,000 jobs) over 3 years
The bank employs roughly 265,000 workers, and plans to cut its headcount through both attrition and layoffs.
Why Wells Fargo is expanding a class-action settlement over its sales scandal
Wells Fargo said it is expanding a class-action settlement over the San Francisco based bank’s fake accounts, opening the deal up to customers affected by the sales scandal as far back as May 2002 following findings from its recent board investigation.
Wells Fargo CEO to testify before U.S. House
As the chief executive of Wells Fargo gets set to tell lawmakers that the bank is moving past its history of consumer abuses, a new report contends the embattled San Francisco financial institution is backsliding.
Wells Fargo to cut up to 10 percent of workforce over next 3 years
Wells Fargo is planning to cut up to 10 percent of its workforce over the next three years, which will result in tens of thousands of job losses for employees of the nation's third-largest bank.
Wells Fargo says it incorrectly foreclosed on 545 homeowners it should have helped
Overall, 870 homeowners were denied help they qualified for — with more than half losing their homes afterward, Wells Fargo said.
'They destroyed me': Wells Fargo's mistake forced her to sell...
Michaela Christian lost a long battle with Wells Fargo in 2013 to save her Las Vegas home, a defeat she says changed the course of her life. When the bank refused to modify her mortgage, Christian moved in with a friend and scrambled to rebuild her life.Five years later, Wells Fargo admits it made a...
Letter: How will TIF for Wells Fargo project benefit taxpayers?
In the Heard on the Street column on Aug. 4 regarding the sale of the Wells Fargo building for $14.92 million, it was reported that a $26 million dollar facelift
How to find out if your money is involved in the Wells Fargo scandal
Did Wells Fargo open an unauthorized bank or credit account in your name? Here's how to find out
Supreme Court rules against Pueblo man in Wells Fargo case
The U.S. Supreme Court has unanimously ruled against a Pueblo man who claimed that federal debt collection laws should have protected him from a law firm
What the diverging fortunes of BofA and Wells Fargo mean for Charlotte and the banks
Bank of America and Wells Fargo remain the biggest banks in Charlotte, NC, where they employ thousands of people and continue to fill jobs. But these days the two financial companies are on different footing.
Three Loudoun schools finish near top in Wells Fargo Cup standings
Loudoun Valley placed second in Class 4, while Briar Woods (third) and Tuscarora (fourth) earned top five finishes in Class 5 to highlight Loudoun schools in the final Wells Fargo
Wells Fargo admits it incorrectly foreclosed on 545 homeowners it should have helped
Wells Fargo acknowledged Tuesday that, due to a calculation error, it had improperly foreclosed on 545 distressed homeowners after they asked for help with their mortgages.
Wells Fargo names new top lawyer as bank wrestles with sales scandal
Wells Fargo has named a new top lawyer, filling a key position as the bank faces legal and regulatory investigations over a phony accounts scandal. Allen Parker, 62, will join the San Francisco-based bank as general counsel, starting March 27.