News

Wells Fargo & Co. won’t get immediate review of an investor class that was approved in a suit over diversity hiring practices ...
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a person familiar with the ...
The lenders holding the mortgage on Clinton Square will be forced to charge off upwards of $20 million after the property sold for far less than what was owed on the non-recourse promissory notes.
U.S. Bancorp notched a rise in earnings for the latest quarter as it benefited from a lower loan-loss provision and growth in fee income. Jittery markets are swelling trading revenue and profit, ...
Wells Fargo said 35 employees were given notification of their job ending between April 1 and June 10. The remaining 159 employees were notified Tuesday.
The 12.4% profit gain for the second quarter comes in Wells Fargo & Co.'s first quarterly report since the Federal Reserve Board's June 3 decision that allows the bank to ...
Wells Fargo has marked a significant milestone in its transformation journey with the removal of the asset cap. This development comes as the company continues to deliver stronger financial results, ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR executive at the bank is coercing ...
The bank has managed to reduce its total number of troubled CRE loans over the last year despite adding 90 more loans for ...
Total revenue grew 0.6% to $20.82 billion to top the FactSet consensus of $20.75 billion. That snapped a three-quarter streak of quarterly top-line misses, as growth in the consumer and commercial ...
Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, sending the shares of the lender down 2% in trading before the bell. The bank expects its ...