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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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 -
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 7 -
Wells Fargo named Allen Parker, former head of the Cravath law firm, as its new top lawyer; the Federal Reserve may bring charges against JPMorgan trader who lost $6.2 billion.
March 7 -
Personal financial management tools have long relied on financial data aggregation. Now, aggregators are hoping traditional lenders will take a cue from alternative lenders and use the technology to quicken their underwriting decisions.
March 6 -
The awards recognize editorial excellence in business media.
March 3 -
Some of the bank's large institutional investors say it hasn't done enough following the scandal; digital currency tops bullion price for first time.
March 3 -
Bank removes perks for eight top executives as repercussions from fake accounts scandal continue; former tech executives leave world's biggest hedge fund after short tenures.
March 2 -
The San Francisco bank also disclosed Wednesday that certain foreign banks that were using its software to conduct trade-related transactions in violation of U.S. sanctions.
March 1
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