Wells Fargo bond saleswoman sues over ‘unapologetically sexist’ workplace
By Jonathan Stempel (Reuters) – Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available to men…
Wells Fargo says SEC is examining its hiring practices
(Reuters) – Wells Fargo & Co said on Monday that the U.S. Securities and Exchange Commission has begun investigating its hiring practices, after the Department of Justice had opened a related probe.…
Twin Peaks Prepares to Bring the Lodge Mantality to Fargo
The ultimate sports lodge searches for up to 150 team members in preparation for fall 2021 opening Fargo, ND (-) North Dakota State University fans are about to gain the ultimate sports…
Linden Wells Fargo bank robbed at gunpoint, suspect fled on mountain bike
LINDEN, NJ – The Wells Fargo bank branch on Saint Georges Avenue in Linden was robbed at gunpoint on Tuesday at around 12:33 pm. According to the Linden Police Department, the suspect,…
Wells Fargo expects steeper U.S. rate hikes to quell rampant inflation
(Refiles to add media packaging code) (Reuters) – Wells Fargo expects steeper rate hikes by the Federal Reserve due to resiliency of the U.S. economy and the central bank’s increased resolve to…
Wells Fargo to commission third-party racial equity audit in diversity push
(Reuters) – Wells Fargo & Co said on Tuesday it would commission a third-party racial equity audit that will include inputs from both internal and external stakeholders, as the bank pushes to…
Fargo, ND, Man Sentenced to Federal Prison for Possession of Illegal Ghost Guns and Imported Silencers
Fargo – United States Attorney Jennifer Klemetsrud Puhl announced that Matthew Kraft, Age 31 of Fargo, ND, appeared before Chief Judge Peter D. Welte, U.S. District Court, Fargo, ND, and was sentenced…
Wells Fargo reinstates diverse slate hiring policy following June pause
(Reuters) – Wells Fargo reinstated a hiring policy that requires recruiters to interview a diverse pool of candidates nearly two months after its suspension in June, the bank said on Monday. The…
Wells Fargo appoints Kleber Santos chief of consumer lending
(Reuters) – Wells Fargo said on Monday that Kleber Santos will take over as the chief of consumer lending effective immediately. Santos served as head of Diverse Segments, Representation and Inclusion (DSRI)…
Wells Fargo to cover employees’ cost of travel for legal abortions -memo
NEW YORK – Wells Fargo & Co told staff on Monday it will reimburse employees and their dependents for travel and lodging costs associated with traveling more than 50 miles for healthcare…
Newark Wells Fargo Bank Robbed, Suspect Fled
NEWARK, DE – A black male successfully robbed the Wells Fargo bank branch on Glasgow Avenue on Friday. The Delaware State Police said that at approximately 1:43 p.m., troopers responded to the…
Wells Fargo CEO sees $1 billion opportunity in growing investment bank
By Elizabeth Dilts Marshall and Niket Nishant NEW YORK – Wells Fargo & Co’s Chief Executive Officer Charlie Scharf said Wednesday he wants to grow Wells’ corporate and investment banking business on…
Wells Fargo wins dismissal of shareholder lawsuit over commercial lending
By Jonathan Stempel (Reuters) – A federal judge on Friday dismissed class-action claims that Wells Fargo & Co, the fourth-largest U.S. bank, misled or defrauded shareholders about its commercial loans. U.S. District…
Wells Fargo set emissions reduction targets for oil, gas, power clients
By Elizabeth Dilts Marshall and Ross Kerber NEW YORK/BOSTON – Wells Fargo & Co unveiled new targets to reduce greenhouse gas emissions, including goals to reduce the “absolute emissions” related to its…
Wells Fargo says its software was used for transactions with sanctioned entities
(Reuters) – Wells Fargo & Co has disclosed to the Office of Foreign Assets Control that certain foreign banks used its software to conduct transactions with sanctioned entities, the bank said in…
ISS says Wells Fargo pay reforms insufficient to justify support
By Ross Kerber (Reuters) – Top proxy adviser Institutional Shareholder Services on Tuesday recommended investors cast proxy votes against the pay of Wells Fargo & Co Chief Executive Charles Scharf and other…
McCune Wright Arevalo, LLP, Bringing Arbitrations Against Chase Bank and Wells Fargo Over Allegedly Unfair Overdraft Fees
National Law Firm is Accepting Arbitration Claims from Bank Customers Nationwide ONTARIO, Calif., April 12, 2022 — McCune Wright Arevalo, LLP, (MWA) – a national law firm specializing in Financial Services, Class…
JPMorgan hires David Miree from Wells Fargo to lead diversity unit – memo
– JPMorgan Chase & Co has named Wells Fargo senior executive David Miree as the global head of diversity, equity and inclusion, according to an internal memo seen by Reuters on Monday.…
Wells Fargo CEO Scharf’s 2021 compensation up by 20% at $24.5 million
– Wells Fargo & Co Chief Executive Officer Charles Scharf’s total compensation for 2021 was $24.5 million, up nearly 20% from a year ago, the Wall Street bank disclosed in a regulatory…
Fargo, ND, Man Sentenced to Federal Prison for a Drug Related Robbery in West Fargo Gone Bad, resulting in a Six-Year-Old Boy being Shot in the Head
FARGO – Interim United States Attorney Nicholas W. Chase announced that U.S. District Court Chief Judge Peter D. Welte sentenced CJ Jesse James Carruthers, age 20, Fargo, ND, to 10 years…
Wells Fargo accused in lawsuit of routine overtime pay violations
By Daniel Wiessner – Wells Fargo Co was hit with a proposed class action lawsuit on Wednesday accusing the bank of routinely requiring hourly employees in Florida to work overtime without pay.…
Wells Fargo says federal agencies reviewing 401(k) plan
– Wells Fargo & Co said on Tuesday U.S. government agencies, including the Department of Labor, are reviewing certain transactions in the bank’s 401(k) plan. The fourth-largest U.S. bank said in a…
Fargo, ND, Man Sentenced to Federal Prison for His Involvement in a String of Violent Robberies
FARGO – United States Attorney Nicholas W. Chase announced that U.S. District Court Chief Judge Peter D. Welte sentenced Jordan Daniel Kraft, age 22, Fargo, ND, to 134 months in federal prison…
Fargo, ND, Man Sentenced to Six Years in Federal Prison for His Involvement in a String of Violent Robberies
FARGO – Acting United States Attorney Nicholas W. Chase announced that U.S. District Court Chief Judge Peter D. Welte sentenced Zachary Ronzell Mitchell, age 30, Fargo, ND, to 72 months in federal…
Fargo, ND, Woman Sentenced to Federal Prison for a String of Violent Federal Robberies
FARGO – Acting United States Attorney Nicholas W. Chase announced that U.S. District Court Chief Judge Peter D. Welte sentenced Harleigh Josette Haugen, age 20, Fargo, ND, to 45 months in federal…
Manhattan U.S. Attorney Announces $72.6 Million Settlement Of Fraud Lawsuit Against Wells Fargo Bank For Overcharging Foreign Exchange Customers Over Seven Years
Audrey Strauss, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation…
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