News

Bank was losing millions of dollars a month on card launched with Bilt.
The company argues that the number of alleged bogus job interviews with diverse candidates is “vanishingly small.” ...
Wells Fargo released its latest U.S. Economic Outlook report, offering a measured assessment of current economic conditions.
UST yields rose across the curve in response to the employment report with the two-year rising nearly 10 basis points while ...
The Department of Labor released the numbers on Thursday. The data, which was released a day early because the Independence Day holiday falls on Friday, showed the unemployment rate ticked down from ...
Labor market, consumer spending, and revised GDP data show the economy is facing serious headwinds.
The U.S.’s largest banks remained “resilient” after absorbing $550 billion in losses in a simulated economic shock.
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal milestone.” ...
Wells Fargo ends 2021 with 7.1% reduction in overall job positionsAn affiliate of Linville Team Partners has paid $16.4 million for a 4.32-acre section of Clemmons Town Center shopping center ...
Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has again validated our work and terminated this consent order in just three and a half years.
SAN FRANCISCO (CN) — Arguing for the dismissal of misrepresentation claims relating to its hiring practices in federal court Tuesday afternoon, Wells Fargo said there is no evidence that its officers ...