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Wells Fargo

A collection of news and information related to Wells Fargo published by this site and its partners.

Top Wells Fargo Articles

Displaying items 78-88
  • L.A. councilman targets JPMorgan Chase, calls for accountability

    L.A. councilman targets JPMorgan Chase, calls for accountability
    A Los Angeles city councilman called Wednesday for his colleagues to explore ways of punishing banking giant JPMorgan Chase & Co. for engaging in financial misconduct, possibly by terminating the company's contracts with the city. Councilman Gil...
  • BofA profit surges as it puts housing crisis further behind it

    NEW YORK — Bank of America Corp.'s fourth-quarter profit surged as the financial giant continued to work through its hangover from the housing meltdown. The Charlotte, N.C., bank Wednesday reported net income of $3.4 billion, or 29 cents a share,...
  • Wells Fargo eclipses JPMorgan as most profitable U.S. bank

    NEW YORK — Massive legal payouts didn't just cost JPMorgan Chase & Co. billions last year. They also cost the Wall Street giant its title as America's most profitable bank. After weathering a barrage of legal and regulatory assaults in 2013, the...
  • Federal Reserve official sees continued slow recovery

    Federal Reserve official sees continued slow recovery
    The economy is likely to continue dragging in a slow recovery this year, the president of the Federal Reserve Bank of Richmond told a Maryland bankers group Friday. The economy will grow an estimated 2 percent to 2.25 percent, about the same as since the...
  • Delinquent consumer loans at record lows on bank balance sheets

    Delinquent consumer loans at record lows on bank balance sheets
    Delinquencies on consumer loans have hit another all-time low, according to the American Bankers Assn., which says that is good news for the economy as well as for the balance sheets of the banks that are owed money. Bank credit-card delinquencies...
  • Investing: Shield against rising rates with short-term bond funds

    Kiplinger's Personal Finance Low yields combined with talk of the Federal Reserve scaling back its easy-money policies have left bond investors with a big headache. So it's no surprise that investment firms are rolling out short-term high-yield bond...
  • Wells Fargo profit up 10% despite downturn in mortgages

    Wells Fargo profit up 10% despite downturn in mortgages
    Despite a sharp downturn in its market-leading mortgage business, Wells Fargo & Co. reported a 10% improvement in fourth-quarter earnings as loan losses declined and the San Francisco bank collected higher fees in other businesses. Wells, which wrote...
  • Top 50 Concerts of 2013: Classic acts and new, big venues and small, near and far, top the list

     
    The best concerts of 2013 for the Lehigh Valley and Philadelphia region saw a resurgence and resilience of older acts. They saw the emergence of new acts. They took place in venues large and small, venerable and very new, near......
  • 'Underwater' homeowners likely to face new tax bill

    'Underwater' homeowners likely to face new tax bill
    Starting next month, about 130,000 Orlando-area homeowners with "underwater" mortgages are likely to face a new tax bill if they sell their house, modify their mortgage or lose their home in foreclosure. A 2007 federal law that waived income taxes on...
  • Three large banks not fully complying with mortgage settlement changes

    Three large banks not fully complying with mortgage settlement changes
    Three of the nation's largest banks are not fully complying with new standards for dealing with mortgage customers that were agreed to as part of a $25-billion settlement of foreclosure abuse allegations, the settlement's monitor said Wednesday. In...
  • Banks reap benefits from donating foreclosed homes

    Banks reap benefits from donating foreclosed homes
    In the historic Golden Dome field house in Garfield Park, bank executives and charity leaders gathered in August to trade hugs and self-congratulatory speeches. Nonprofit groups on the West Side were helping restore communities by renovating homes...