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The Latest Breaking News from Wells Fargo

Wells Fargo Avoids Another Big Mortgage Lawsuit

A summary judgement out of Illinois was largely missed amid more high-profile Wells Fargo news.

The Street

Disney Might Make a Shocking Move in the Coming Year

The Mouse House has resisted doing this but it may eventually give in.

The Street

Democrat Sen. Warren Calls for Wells Fargo Breakup

The left-wing leader has been calling for strict penalties after Wells Fargo's many scandals.

The Street

From analysis to the latest developments in health,
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Wells Fargo to pay $3.7 billion in penalties, restitution over ‘widespread mismanagement’

CHARLOTTE, N.C. — Wells Fargo is facing $3.7 billion in fines and restitution after reaching a settlement with federal regulators Tuesday to resolve multiple issues related to auto lending, mortgages and consumer deposit accounts.

Tribune News Service

Wells Fargo Stock Support Is Holding (but Just Barely)

Wells Fargo stock is below most of its support levels but is hanging onto one area. Here's what happens if it holds -- and if it doesn't.

The Street

Wells Fargo to pay $3.7 billion settling charges it wrongfully seized homes and cars

The case marks the largest penalty ever imposed by the federal watchdog agency the Consumer Financial Protection Bureau. Customers who were harmed will receive $2 billion in restitution.

WEKU

US agency orders Wells Fargo to pay $3.7 bn for shoddy banking practices

New York (AFP) - US officials announced Tuesday a $3.7 billion settlement with Wells Fargo over an array of "illegal activity" that burdened customers with wrongful home foreclosures and other problems.

AFP

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Wells Fargo Hit With Massive $3.7 Billion Loan Mismanagement Fine

“Wells Fargo’s rinse-repeat cycle of violating the law has harmed millions of American families,” said Consumer Financial Protection Bureau Director Rohit Chopra.

The Street

More Penalties, Industry Bans Come From Wells Fargo Scandal

The scandal-ridden bank still has to answer for some of its biggest mistakes.

The Street

Stock Market Rises Modestly After Inflation Data, But This Index Lags

Stock market indexes got a momentary bump up when the University of Michigan consumer confidence index came out.

Investors Business Daily

Beyond the basics: Making A.I. a game-changer

Most Fortune 500 companies have made significant investments in building the data foundation on cloud. However, realizing the full value of data requires a change in how data and A.I. are being used across the organization.

Fortune

Wells Fargo: 7 Savvy Year-End Tax Tactics

It's time for year-end financial moves. The right steps can cut your taxes, pump up retirement savings and make your spendable dollars go further.

Investors Business Daily

A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023.

Fortune

Wells Fargo Stock Is Getting Closer To Key Technical Measure

Wells Fargo shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Investors Business Daily

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The Street

Lost Money to Zelle Fraud? You May Soon Be Able to Get It Back

Banks like JP Morgan and Wells Fargo have been under increased scrutiny over rising Zelle fraud.

The Street

Here's Why You May be Taking Money out of Stocks

The S&P 500 has slipped 16% year-to-date, but it has rebounded 12% since Oct. 12.

Axios

Americans turn to takeout orders and reservations this Thanksgiving

Holiday takeout? "We are seeing it explode," a restaurant IT vendor says.

The Street

Wells Fargo Tries Something New (and Customer Friendly)

The bank has entered a new space that could actually be a real benefit to its customers.

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news in one place.

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Tribune News Service

Republicans ride ESG backlash to state financial offices

WASHINGTON — Republicans picked up state financial officer positions during the midterm elections amid a campaign against environmental, social and governance investing.

Roll Call

Republicans ride ESG backlash to state financial offices - Roll Call

Republican candidates flipped five state offices that manage investments in a backlash against using ESG factors in investment decisions.

The Street

Wells Fargo Faces Huge Fine After Latest Scandal

The bank is under investigation and the outcome could hurt more than just its pocket.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For November 9, 2022

Upgrades

Tribune News Service

Pfizer’s COVID cash powers a ‘marketing machine’ on the hunt for new supernovas

For drugmaker Pfizer, a fortune amassed in the COVID pandemic is now paving the path to pharma nirvana: a weight loss pill worth billions.

The Street

Zelle Fraud is on the Rise but it's Worse at Wells Fargo

If you use Zelle, you might want to keep a close eye on your bank accounts.

Fortune

Pfizer is on the hunt for new blockbuster drugs, backed by its COVID fortune

While sales of its COVID vaccines are falling, Pfizer plans to triple the price of the shots and use its bonanza from government contracts to buy and develop new blockbusters.

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