JPMorgan, Wells Fargo expect deposits to extend Q2 declines
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) – Deposits at U.S. banking giants including JPMorgan and Wells Fargo are expected to extend their second-quarter decline as consumers keep…
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) – Deposits at U.S. banking giants including JPMorgan and Wells Fargo are expected to extend their second-quarter decline as consumers keep…
Approval Of New Oil Wells In California Has Ground To A Halt Under Gavin Newsom John Hugh DeMastri on July 13, 2023 California, a major producer of U.S. crude oil,…
NEW YORK (Reuters) – Wells Fargo promoted Dawson Her Many Horses, head of Native American Banking, to managing director, one of the first enrolled tribal members to reach that rank…
BEAR, DE – Delaware State Police are currently investigating a bank robbery that occurred at Wells Fargo last Thursday evening. Troopers were dispatched to 1601 Governors Place around 5 p.m.,…
NEW YORK (Reuters) – Wells Fargo & Co expects an upside in net interest income going ahead, Chief Financial Officer Mike Santomassimo said on Tuesday. The bank had earlier issued…
WILMINGTON, DE – A serious incident occurred at a Wells Fargo ATM on Monday, which is now under active investigation by the Delaware State Police. Two male suspects, believed to…
By Carolina Mandl and Svea Herbst-Bayliss BEVERLY HILLS, California (Reuters) – Wells Fargo & Co CEO Charlie Scharf said on Tuesday the banking industry is “extremely strong” but added he…
By Hannah Lang (Reuters) -Wells Fargo & Co will pay fines of about $97.8 million for inadequate oversight of its compliance risks, enabling the apparent violation of U.S. sanctions against…
(Reuters) – Wells Fargo & Co Chief Executive Officer Charles Scharf’s total compensation for 2022 was unchanged at $24.5 million, the Wall Street bank said in a regulatory filing on…
(Reuters) – Wells Fargo is expecting the global economy to grow at a slower pace in 2023, joining other big American banks that have tempered their estimates this year and…
By Lananh Nguyen NEW YORK (Reuters) – Wells Fargo & Co introduced small-dollar loans to customers online, the bank said Wednesday, as overdraft fees draw greater scrutiny in the United…
(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…
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,…
(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…
(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…
(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…
(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…
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…
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…
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…
(Reuters) – Russian oil companies led by Rosneft plan to re-open wells in June which they had shut due to Western sanctions, four sources said, as firms bank on a…
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.…
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…
(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…
By Valerie Volcovici WASHINGTON – Low-producing oil and gas wells that account for just 6% of total U.S. production account for half of the methane emitted from all U.S. well…