From Tyler Durden: When we reported Wells Fargo’s Q4 earnings back in January, we drew readers’ attention to one specific line of business, the one we dubbed the bank’s “bread and butter.”
Category: NYSE:WFC
Wells Fargo’s First ETF Will Likely Be A Multifactor Robot Fund
Banking giant Wells Fargo & Co (NYSE:WFC) is joining its biggest rivals and will finally launch its first-ever ETF next year, and the fund will likely be of the new-age multifactor smart beta variety.
Major Wells Fargo Shareholder Trims Position By 5%
Embattled banking giant Wells Fargo & Co (NYSE:WFC) saw a major mutual fund slash its holdings last month amid ongoing fallout from a far-reaching account opening scandal.
Survey Says 14% of Wells Fargo Customers Will Leave the Bank
A recent survey of Wells Fargo & Co (NYSE:WFC) customers paints a very bearish picture of the company’s recent scandal and its effects on retail banking operations.
Governor: Wells Fargo Has Lost the Right to do Business with State of Ohio
Wells Fargo & Co (NYSE:WFC) can add Ohio to the growing list of states where it isn’t welcome to do business with state government anymore, with Governor John Kasich issuing a scathing statement today.
Wells Fargo’s Earnings Beat Estimates as Mortgage Loans Surge
Embattled banking giant Wells Fargo & Co (NYSE:WFC) posted better-than-expected third quarter earnings results this morning, as the company continues to deal with the fallout of the biggest banking industry scandal in several years.
Can Wells Fargo’s New CEO Restore Its Reputation?
Yesterday, news broke that former chief executive Wells Fargo & Co (NYSE:WFC) John Stumpf had resigned, putting new CEO Timothy Sloan at the helm amid a far-reaching account-opening scandal.
Secret Wells Fargo Recording Shows Scandal Not Hurting Business Much
Embattled banking giant Wells Fargo & Co (NYSE:WFC) recently held a private conference call with top executives, during which it laid out its plan to restore the bank’s repuation amid the ongoing account-opening scandal.
Wells Fargo Continues to Lose Business with Municipalities over Account Scandal
From Zacks: Wells Fargo & Co (NYSE:WFC), in the latest fallout from the sales scam, is likely to be hit with bans from engaging in business activities with the city of Chicago and the state of Illinois.
Former Employees Slap Wells Fargo with $2.6 Billion Lawsuit
From Tyler Durden: Wells Fargo & Co (NYSE:WFC) is facing a massive class action lawsuit from employees it jettisoned amid its account-opening scandal that has drawn the ire of regulators, investors, and the general public.
Wells Fargo CEO Resigns from Fed Advisory Position
The CEO of embattled banking giant Wells Fargo & Co (NYSE:WFC), sullied by a far-reaching account-opening scandal, has resigned from his post as Reserve Bank of San Francisco’s appointee to the Fed’s Federal Advisory Council.
JPMorgan Downgrades Wells Fargo, Citing “Mounting Public Scrutiny”
Embattled banking giant Wells Fargo & Co (NYSE:WFC) caught some bearish sentiment this morning from analysts at JPMorgan Chase, who noted the company could face additional regulatory actions.
Wells Fargo CEO Refuses to Resign Over Account-Opening Scandal
From ZeroHedge: Today at 10am, the US public will be treated to the latest Congressional kangaroo court, when Wells Fargo & Co (NYSE:WFC) CEO John Stumpf will tell the Senate Banking Committee that he is “deeply sorry”, and accepts “full responsibility” for unethical sales practices in its retail banking business while apologizing for “not doing […]
Should Investors Buy Wells Fargo on This Pullback?
From Bob Ciura: In this low-interest-rate world, income is hard to come by. Bonds yield relatively little, and savings vehicles like certificates of deposit yield even less. This has compelled many investors to buy dividend stocks, and for good reason.
What Else is Wells Fargo Hiding?
Once considered the gold standard of all U.S. banks, Wells Fargo & Co (NYSE:WFC) has seen its reputation destroyed amid an account-opening scandal. What else could the bank be hiding behind the scenes?