If your stash is meant for emergencies, like a car repair or medical bills, you shouldn’t restrict your access to it for long. You want to be able to withdraw […]
Wells Fargo & Company
Trending topics and news from the Wells Fargo & Company category
Back to news homeJPMorgan, Citigroup and Wells Fargo Report Rise in Profits Amid Industry Turmoil
Despite tenuous times for the banking industry, some of the largest U.S. lenders reported banner first-quarter earnings on Friday that easily exceeded investor expectations. And even as they warned that […]
Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
On March 10, just hours after Silicon Valley Bank collapsed, the hedge fund manager Bill Ackman hosted a dinner for about 20 people at his penthouse apartment in Manhattan.The dinner […]
The E.S.G. Fight Has Come to This: Bankers Suing Lawyers
In effect, according to the bankers’ legal filing, the demands were “creating an ongoing state surveillance system.” The bankers further claimed that the attorney general was violating their right to […]
Big Banks Set Aside Billions as They Brace for a Downturn
America’s biggest banks issued warnings on Friday of economic malaise on the horizon, even as some reported better-than-expected profits.JPMorgan Chase, the nation’s largest bank, raised the risk of a “mild […]
Wells Fargo to Pay $3.7 Billion Over Consumer Banking Violations
Wells Fargo’s yearslong mistreatment of its customers has resulted in another record-breaking fine and a warning that more restrictions on its ability to do business could soon follow.On Tuesday, the […]
When Customers Say Their Money Was Stolen on Zelle, Banks Often Refuse to Pay
Argelys Oriach was on his way home from a shopping trip one evening in March when he was robbed at gunpoint. The thief demanded his iPhone and passcode. Mr. Oriach […]
At Wells Fargo, a Quest to Increase Diversity Leads to Fake Job Interviews
Joe Bruno, a former executive in the wealth management division of Wells Fargo, had long been troubled by the way his unit handled certain job interviews.For many open positions, employees […]
As Offices Ease Covid Safety Measures, Workers Worry
Employers are embracing a workplace atmosphere reminiscent of prepandemic times — elevators jammed, snack tables brimming, face coverings optional — even as a new subvariant of the Omicron coronavirus spurs […]
Fraud Is Flourishing on Zelle. The Banks Say It’s Not Their Problem.
Another Wells Fargo customer, Julia Gibson, lost $2,500 to a similar scam in October. After she reported the fraud to the bank, it gave her a provisional credit for the […]