Wells Fargo
Wells Fargo
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.
-
U.S. banks reduced their holdings of state and local government bonds for the first time since 2009 after the federal government slashed corporate tax rates, according to figures released by the Federal Reserve Thursday.
June 7 -
The firm graded bank and credit card apps on customer satisfaction, appearance, navigability, and availability and clarity of information.
June 7 -
The city wanted to sever its relationship with the bank, but it ran into a big obstacle.
June 6 -
The OCC finds widespread problems in bank retail sales practices; Ripple and Swift competition for payments pits technology against convention.
June 6 -
An inquiry into the sales practices of more than 40 banks launched in the wake of the Wells scandal found several systemic issues and hundreds of problems at individual institutions. The OCC completed the review in December but is not making the results public.
June 5 -
The low-cost deposits that come with the deal for 52 Wells branches in four states should fund the Michigan company's effort to become a commercial lender.
June 5 -
Most big banks are launching robo-advisers to compete for a new breed of wealth management customer. The risk is that automated services will disappoint traditional customers.
June 5 -
The Michigan company will buy 52 branches and $2.3 billion in deposits from the San Francisco banking giant.
June 5 -
A change in House leadership in midterms would slow down regulatory relief initiatives and put more heat on Trump-appointed regulators.
June 1 -
A change in House leadership in midterms would slow down regulatory relief initiatives and put more heat on Trump-appointed regulators.
May 31
STOCK SNAPSHOT
