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The Latest Breaking News from Wells Fargo

Delhi Police Reaches Out To 'Wells Fargo' Legal Department To Cooperate With Investigation In Air India Urination Case

A day after Delhi Police asked the authority concerned to issue a LOC, now the Delhi Police has reached out to the US-based Wells Fargo company's legal department to cooperate with investigations against accused S Mishra who has been charged under several IPC sections for urinating on an elderly woman…

Dynamite News

Something big is happening in the U.S. housing market—here's where 27 leading research firms think it'll take home prices in 2023

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Fortune

Crypto took such a beating in 2022 that U.S. regulators have teamed up for the first time to sound the alarm to banks

Deutsche Bank, Wells Fargo, Citigroup and Bank of America have all invested in crypto staffing divisions in recent years.

Fortune

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Gaming Stocks Rally On Tailwinds In World's Largest Gambling Hub

Gaming stocks ran at the head of rallying China-based stocks Tuesday, after data suggested Covid infections may have peaked in large cities.

Investors Business Daily

Michael Hiltzik: Wells Fargo got slammed with a $3.7-billion penalty. So why doesn't it sound sorry?

The Consumer Financial Protection Bureau left very little unsaid when it announced, a few days before Christmas, $3.7 billion in assessments against Wells Fargo Bank for more than a decade of legal violations harming its millions of customers.

Los Angeles Times

Bank hours on Christmas Eve 2022: Bank of America, Chase, Wells Fargo, and more

It’s your last chance to do any banking business until Tuesday.

Fortune

Amex, Wells Fargo Make Morningstar List of Best Stocks

Morningstar created a list of the best stocks to own. Here are 10 of its choices in the financial services sector.

The Street

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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

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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The Street

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.

Investors Business Daily

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.

Fortune

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.

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Investors Business Daily

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.

Fortune

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.

Investors Business Daily

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

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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