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.
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With a "needs to improve" rating, Wells Fargo is now subject to a wide range of regulatory restrictions on things like branch openings and M&A.
March 28 -
Community banks, big commercial banks and Wall Street investment houses are finding common ground in small-business loan funds that help Main Street, minimize potential losses on credit extended to young companies and sometimes lead to new business prospects.
March 27 -
As banks work to integrate their mobile apps with their physical channels, the march toward universal cardless ATM technology continues.
March 27 -
By bending over backward when borrowers trade in an older car for a new one, lenders are said to have embarked down an unsustainable path. The warning, by Moody’s, adds to concerns about credit quality in auto lending.
March 27 -
By bending over backward when borrowers trade in an older car for a new one, lenders are said to have embarked down an unsustainable path. The warning, by Moody’s, adds to concerns about credit quality in auto lending.
March 27 -
Regulators want to make rules easier for small banks; auto loan defaults rise while used-car prices fall.
March 22 -
The lender will begin an ad campaign in mid-April with the tag line "Building Better Every Day," company employees were told Tuesday.
March 21 -
So-called performance-share units are pushing aside stock options as the preferred long-term incentive pay for bank executives. Many investors and regulators fear that options can encourage reckless conduct and have other shortcomings, though options still have supporters.
March 21 -
The scandal involving Wells Fargo that surfaced last year shows the U.S. banking industry still has work to do on improving its culture, Federal Reserve Bank of New York President William Dudley said.
March 21 -
The grandson of the oil titan and the former head of Chase Manhattan passes away at 101; Wells reports biggest drop in new account openings since the scandal.
March 21 -
The latest numbers underscore the extent of the challenge that the megabank faces in restoring its once-clean public image.
March 20 -
Banks like TD and U.S. Bancorp are suddenly taking public shots from current and former employees critical of their sales practices, a sign that the industry has not put behind it the questions raised months ago by the phony-accounts scandal at Wells.
March 17 -
Rep. Maxine Waters, D-Calif., asked Wells Fargo executives on Friday to submit to new interviews concerning its fake-accounts scandal.
March 17 -
CEO Timothy Sloan earned nearly $13 million last year in base pay and stock; Wall Street bonus pool rises from 2015 but still lags the years before the crisis.
March 16 -
The auditing giant has faced heavy criticism for failing to uncover wrongdoing at Wells. But the San Francisco megabank said Wednesday that it wants to maintain a relationship that goes back decades.
March 15 -
Better access to credit, an improving revenue picture and promises of regulatory relief are bolstering the confidence of small-business owners.
March 13 -
A database that identifies wrongdoers could prevent banks from making bad hiring decisions, but can it ensure that former employees' rights are adequately protected?
March 10 -
Peter Hancock resigns at insurer's board meeting following "shocking" $3 billion fourth-quarter loss; Wells reorganizes retail bank unit, demotes executives.
March 10 -
The number of auto loans classified as delinquent rose sharply in the fourth quarter, raising further questions about whether the segment is getting overheated.
March 8 -
Wells Fargo community banking head Mary Mack is seeking three new deputies and shaking up regional leadership of the division she inherited after a bogus-account scandal.
March 8



















