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The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.
In separate cases, two federal judges found that neither Wells Fargo nor LPL had a fiduciary obligation to look for clients' best interests with uninvested cash held in brokerage accounts.
14 analysts have shared their evaluations of Wells Fargo WFC during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their ...
Wells Fargo (WFC) plans to boost its quarterly dividend by 12.5% to $0.45 per share from its current level of $0.40, the company said on Tuesday.
Wells Fargo Benchmark Intelligence ©, driven by i2i Logic, integrates Wells Fargo’s industry insights and U.S. middle-market expertise with public data to generate thousands of unique benchmarks.
The termination of Wells Fargo's asset cap will help the bank in the long-term but won't generate a near-term boost, its CFO said Tuesday.
Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.
With its asset cap lifted, Wells Fargo bank CFO Mike Santomassimo outlines key plans for growth in wealth management, consumer banking, and investments.
Wells Fargo (WFC) spent years worried about the past. Now it can focus on the future. The fourth-largest US bank plans to pursue growth and expansion in investment banking, credit cards, and ...
The asset cap has put Wells Fargo at a competitive disadvantage compared with its national bank peers JPMorgan Chase & Co., Bank of American Corp. and Citigroup.
Wells Fargo got some good news this week. Federal regulators on Tuesday announced they’re lifting a severe punishment on the bank related to its fake accounts scandal from nearly a decade ago.
Wells Fargo opens its 13th Long Island branch, announces $100K grant for affordable housing in North Bellport with LIHP.