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Wells Fargo & Co. won’t get immediate review of an investor class that was approved in a suit over diversity hiring practices ...
The bank has managed to reduce its total number of troubled CRE loans over the last year despite adding 90 more loans for ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR executive at the bank is coercing ...
A class of plaintiffs who are former investors of Wells Fargo sued the bank in 2022, claiming that it conducted fake job interviews to get around the company’s diversity guidelines.
Wells Fargo faces potential losses of up to $3 billion on its office building loans over the next 3-4 years. The bank’s balance sheet is de-risked, with full reserves set aside for potential losses.
As a result, Wells Fargo predicts Boeing will sell between $10 billion and $15 billion in new stock to account for lost earnings, according to an analyst note dated Oct. 9. Boeing previously ...
Shares of Wells Fargo & Co. WFC slid 9.12% to $65.67 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 4.84% to 5,396.52 ...
The class plaintiffs interviewed former Wells Fargo employees who testified they knew about sham job interviews conducted to skirt diversity requirements.
Wells Fargo said net charge-offs on loans tied to the struggling commercial real estate sector roughly doubled from a year earlier to $184 million in the third quarter and that the bank expected ...
The Hard Truth About Workplace Tragedies: Why Wells Fargo’s Loss Doesn’t Require a New Policy A Wells Fargo employee’s death recently sparked outrage–but is it really a sign of a broken ...
Since the start of 2021, Wells Fargo has eliminated 19,096 job positions, or 7.1%, for an overall workforce total of 249,435 as of Dec. 31.
A Wells Fargo employee's death recently sparked outrage--but is it really a sign of a broken culture? Something horrible happened recently at a Wells Fargo office. A woman, Denise Prudhomme, died ...
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