Wells Fargo WFC stock surged over 2.60% on Wednesday, despite reports that Sen. Elizabeth Warren sent a critical letter to CEO Tim Sloan, questioning the embattled banking giant’s recent customer refund initiatives. Sen. Warren called out Sloan and Wells ...


Wells Fargo is reportedly selling its auto finance business in Puerto Rico, Reliable Financial Services, to Banco Popular de Puerto Rico. The deal will result in $1.5 billion in auto loans and $340 million in commercial loans changing hands from Wells ...


In the slog of a cold winter, unexpected good news can lift one’s spirits. That happened to me the last Friday in January, when late in the afternoon after markets had closed, the Federal Reserve brought a hammer down on Wells Fargo. After more than a ...


Yet along the way, other issues have come up that have ramifications for these banking giants. After a big run-up for the banking sector, smart investors want to know whether these stocks have further to go or could be vulnerable to a pullback. Let's look ...


Richard Thaler wrote on Twitter: ‘We need a #sludge hall of shame.’ The father of nudge theory says Wells Fargo is using “sludge” theory to avoid refunding customers’ money. Behavioral economist Richard Thaler, who won the 2017 Nobel Prize in ...


The Consumer Financial Protection Bureau (CFPB) meted out a $185 million fine that included a $100 million penalty to Wells Fargo in 2016 for their violation and abuse of consumer trust. The San Francisco-based bank, whose employees opened many fraudulent ...


The City of Philadelphia has not shown that it should be allowed to proceed with its lawsuit accusing Wells Fargo of targeting minorities for predatory loans, the bank said on Thursday, asking for an appeals court review of the city’s case. In a motion ...


NEW YORK (CNNMoney) — Elizabeth Warren wants to know: How is it that Wells Fargo keeps making mistakes? In a letter dated Tuesday, the Democratic senator slammed CEO Tim Sloan over the bank's "utterly inept" efforts to compensate customers after a series ...


FARGO, N.D. — It might be cold outside, but for some people, it was the perfect time for a jump in the pool. Nearly 50 people participated in the Fargo Polar Plunge at the Delta Hotel by Marriott Fargo to benefit the Special Olympics of North Dakota.


Police have charged a Wilmington man with robbing a bank. State police say 39-year-old Douglas Walker walked into a Wells Fargo Bank on the 3200 block of Old Capital Trail on the morning of January 20. They say he was wearing a disguise and demanded money.


Police have charged a Wilmington man with robbing a bank@ State police say 39-year-old Douglas Walker walked into a Wells Fargo Bank on the 3200 block of Old Capital Trail on the morning of January 20@ They say he was wearing a disguise and demanded money@

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