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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 100-110
  • The day ahead in business

    The day ahead in business
    Reports: March PPI, University of Michigan consumer sentiment for April Local earnings: Enable Holdings Inc. Other earnings:  Fastenal Co., JPMorgan Chase & Co., Wells Fargo & Co. at others
  • Banks embrace riskier loans for homeowners, hedge funds alike

    Banks are reviving some of the riskier lending practices that preceded the financial crisis, attracting attention as you might expect, although they say they're keeping a lid on things this time.  One trend is enabling homeowners to tap equity...
  • Mortgage-related legal costs sock BofA with $276-million loss

    Mortgage-related legal costs sock BofA with $276-million loss
    Socked by mortgage-related legal expenses, Bank of America Corp. lost $276 million during the first quarter, sending its stock down sharply. The quarterly loss, its first in 2½ years, came despite lower loan losses and better than expected results in...
  • Wells Fargo first quarter profit jumps 14%, beating expectations

    Wells Fargo first quarter profit jumps 14%, beating expectations
    California's banking giant, Wells Fargo & Co., reported 14% higher first quarter earnings, powering well beyond Wall Street's expectations as declining loan losses and operating cost cuts offset the slowdown in mortgages at America's largest home lender. ...
  • Drayman on the hook for outstanding debt

    Drayman on the hook for outstanding debt
    When former Councilman John Drayman begins his five years of probation, expected to begin next month, the first meetings he has with the Los Angeles County Probation Office will include a thorough review of his assets and liabilities to determine how much...
  • Retirement: pushing the pause/restart buttons

    Kiplinger's Personal Finance Working past 66 may not be everyone's idea of a dream "retirement," but for many baby-boomers, it could represent the future. A 2013 Wells Fargo survey showed that one-third of respondents expect to work until "at least 80"...
  • BGE parent company to acquire D.C.-based Pepco

    BGE parent company to acquire D.C.-based Pepco
    Baltimore Gas and Electric Co.'s parent struck a $6.9 billion deal Wednesday to acquire Pepco Holdings Inc., 16 years after BGE walked away from a protracted effort to buy its southern neighbor. Chicago-based Exelon Corp.'s purchase of Pepco Holdings...
  • Chip ahoy -- lots more cards

    Chip ahoy -- lots more cards
    The logjam in chip technology credit cards has finally broken, and as of now, dozens of chip-enabled cards are available from banks based in the United States, with more coming along steadily. Previously, technical differences from conventional cards...
  • The historic mansions of Lake Tahoe

    The historic mansions of Lake Tahoe
    "George Whittell," the tour guide said, "was born with a silver spoon in his mouth." So wealthy was Whittell's family that as a young man in San Francisco he vowed he would never work a day in his life. He then set about vigorously pursuing that goal....
  • Economy adds 175,000 jobs, jobless rate at 6.7%

    Economy adds 175,000 jobs, jobless rate at 6.7%
    U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus. Employers added 175,...
  • Wells Fargo's pressure-cooker sales culture comes at a cost

    Wells Fargo branch manager Rita Murillo came to dread the phone calls. Regional bosses required hourly conferences on her Florida branch's progress toward daily quotas for opening accounts and selling customers extras such as overdraft protection....