The bank says its practices were reasonable and conservative, but investors who lost big in a securities lending program disagree.
First National Bank of Northern California CEO Tom McGraw has said business lending, at least for some, is a "borrower's market."
Wells Fargo & Co. , the biggest home mortgage lender in the Birmingham market, has invited 1,800 of its customers who are delinquent on their home loans to a debt workshop Thursday at the Birmingham-Jefferson Convention Complex.
The Lane Construction Corp., a heavy civil contractor based in Connecticut, has purchased an approximately 23,000-square-foot office building on Tyvola Centre Drive from Wells Fargo & Co.
As the Fed gets ready to hold its June meeting, all stock investors are carefully weighing what the outcome will be and how it will affect their portfolio.
Wells Fargo & Co. and Regions Financial Corp. are among large banks that are pushing against proposals from regulators that would set new restrictions on short-term, high-interest consumer loans, according to a recent article in The Wall Street Journal .
The U.S. Supreme Court will decide whether people who file housing discrimination suits must show they were victims of intentional bias, accepting a case that may undercut the Obama administration's crackdown on the lending industry.
Wells Fargo & Co. faces a second Minnesota trial over claims by institutional investors that the bank marketed a risky securities-lending program as safe and cost them millions of dollars in losses.
If you are looking for safe stocks that are relatively undervalued, the best place to start is Warren Buffett's portfolio .
Moderating earnings growth means Wells Fargo stock will probably tread water in the months ahead, but Signature Bank's loan portfolio strength should help boost its shares, according to two analyst reports out today.
Wells Fargo & Co said on Friday it hired veteran advisers in six states from rival firms Morgan Stanley Wealth Management, Merrill Lynch and RBC Wealth Management to join its U.S. brokerage force.
The brokerage firm noted that the company's "earnings growth is clearly moderating into '14 ... exacerbated by the stubbornly low rate environment and normalizing mortgage banking revenues."
Increased volatility and higher interest rates have caused headaches for many banking companies.
When World War II ended, policymakers feared the economy would slip back into the Great Depression.