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The Latest Breaking News from Wells Fargo

'Big Short' Investor Eisman Warns JPMorgan, Wells Fargo Domination Squeezes Regional Banks

Steve Eisman, the investor widely known for his role in shorting the subprime mortgage market before the 2008 financial crisis, says the U.S. banking landscape is increasingly consolidating into the hands of a few large banks.

Benzinga

TSLA Stock Warning: Tesla Could Lose $1.9 Billion in Free Cash Flow This Year

Wells Fargo warns Tesla could lose $1.9 billion in free cash flow this year, its first negative FCF since 2018, amid weak deliveries, rising costs, and regulatory headwinds.

Barchart

Zscaler Upgraded: Wall Street Forecasts 26% More Upside

Zscaler has earned a new wave of boosts and optimism from Wall Street, investors can make sense of it in this tariff-immune technology stock.

MarketBeat

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World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds

Two-thirds of the biggest 65 banks increased financing by $162bn from 2023 to 2024, walking back climate promises

The Guardian - US

Family homesteads with tangled titles are contributing to rural America’s housing crisis

Imagine your parents leave you and your siblings a share of land that’s been in your family for generations. Several of your relatives already live on the land, and you’d like to do the same; but you can’t get a loan to build or renovate a home without permission from…

The Conversation

Trump and Musk Might Be Making Up. Should You Buy Tesla Stock Here?

Tesla shares are gaining amidst signs of reconciliation between Elon Musk and Donald Trump. Wells Fargo continues to warn of a steep crash in TSLA stock.

Barchart

Citigroup Restricted Services to Gun Sellers—Now Makes Dramatic U-Turn After Pressure from Trump

Citigroup has reversed its 2018 gun-sale restrictions amid pressure from Donald Trump and Republican states. Find out what this means for banks and US gun policy.

International Business Times UK

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This Banking Giant Just Got a $90 Price Target Upgrade

Wells Fargo just got a big win for its capital requirements being lifted, sending EPS forecasts and valuations higher for the company.

MarketBeat

UK's NatWest Banking App is Down: Here Are Other Ways You Can Access Your Money Amidst IT Outage

The bank attributed the disruption to a faulty app update released the previous day and apologised for the inconvenience.

International Business Times UK

Wells Fargo's Reckoning: Who Paid the Price for the Bank's Scandal?

Wells Fargo's asset cap has been lifted—but who paid the real price for the bank's scandal? Explore the employee backlash, whistleblower retaliation, and what's next for the bank's culture.

International Business Times UK

Wells Fargo Sets Sights on Expansion: What the End of Constraints Means for Its Business Strategy

Wells Fargo is no longer under the Fed's asset cap. Here's how it plans to grow, where it might invest, and what this means for US banking competition.

International Business Times UK

Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture

The Independent UK

7 Payouts You Can Still Get From Old Lawsuits and Settlements

Many people don’t realize that money from old lawsuits and class action settlements may still be available for them to claim. Billions of dollars go...

Saving Advice

AI Warning: Why Analysts Think It May Be Time to Sell Reddit Stock

A Wells Fargo analyst just pumped the brakes on Reddit, citing Google’s evolving AI Search as a silent disruptor.

Barchart

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Fortune

Wells Fargo warns Trump’s tariffs won’t bring back American manufacturing jobs, which will need a minimum $2.9 trillion investment to regain peak

“Returning U.S. manufacturing employment to a level that remotely resembles its historical peak will be an uphill battle,” the bank said this week.

Barchart

Warren Buffett Dumped His Citigroup Stock in Q1. Should You?

Warren Buffett’s conglomerate Berkshire sold its entire stake in Citi stock. Does that make C shares uninvestable for the second half of 2025?

Latin Times

A Chinese Network Is Making Millions Laundering Money For The Sinaloa Cartel In The U.S.: Report

A new report sheds light on an investigation about a Chinese network working to launder money from the Sinaloa cartel through U.S. banks.

MarketBeat

Steepening Yield Curve? These 3 Bank Stocks Are Poised to Profit

Not all investors watch the Yield Curve in bonds, today they will find out why this is such an important indicator to keep track of for buy ideas.

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MarketBeat

Pharma Fire Sale: 3 Stocks the RSI Says You Shouldn’t Ignore

These 3 pharma stocks have oversold RSIs and solid analyst support, setting up potential bounce-back trades through this week and next

Sports Illustrated

2025 PGA Championship: Here Are the Players Who Have Won at Quail Hollow

The PGA Championship field features eight players who've won at Quail Hollow.

Kiplinger

Check Your Mailbox: Wells Fargo Settlement Payments Have Begun

Wells Fargo settlement customers whose mortgages were placed in forbearance without their permission should keep an eye on the mail, as checks are going out.

MarketBeat

Why Wells Fargo Is Buying $40 Billion of Its Own Stock

Wells Fargo just approved a $40 billion buyback program for its own stock, giving investors some signs of potential rebounds and rallies in the future.

International Business Times

US Trade Deficit Hit Fresh Record Before New Trump Tariffs

The US trade deficit reached a new record in March, according to fresh government data published Tuesday, as imports surged ahead of President Donald Trump's "liberation day" tariff rollout.

Fortune

Beware of ‘check-washing’ scams—a crook stole $310,000 from one entrepreneur and the banks responsible won’t help

In 2023, nearly 80%, or $21.1 billion, of global check fraud occurred in the Americas

Barchart

Tesla’s Auto Revenue Plunged 20% in Q1. Here’s How You Should Play TSLA Stock Here.

Tesla shares are climbing on Wednesday despite a 20% decline in Q1 automotive revenue. But there’s reason to consider selling TSLA stock on today’s pop.

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