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The Latest Breaking News from Wells

Embattled Robinhood Reports Staggering 224% Spike In Q1 Crypto Notional Trading Volume

Robinhood has just unveiled its Q1 2024 earnings, highlighting how its embattled cryptocurrency unit played a major role in the fintech giant's overall profits during the first quarter.

International Business Times

'Scare Tactic': Lawmaker, Lawyer, Crypto Users Cry Foul Over SEC Robinhood Wells Notice

The crypto space is outraged over the SEC's seeming "abuse" of the Wells process as the regulator issued a Wells Notice to Robinhood's crypto arm just weeks after Uniswap received a notice.

International Business Times

Robinhood Crypto Receives Wells Notice From US SEC

Robinhood Crypto faces potential SEC enforcement action over undisclosed concerns. The outcome could have significant implications for the fintech industry.

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'Fighting For DeFi': Crypto Community Decries SEC Wells Notice On Uniswap

The crypto space is outraged with the Wells Notice the SEC delivered to Uniswap this week, with many saying they will support the DeFi firm in its legal battle against the crypto-hostile regulator.

International Business Times

Wells Fargo agrees to pay $1 billion to settle shareholders' class-action lawsuit

Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders

The Independent UK

JPMorgan clears the First Republic wreckage—and notches a $92 billion coup for investors who love the deal

Overnight, the nation's biggest bank added significant heft and stabilized the shaky outlook for regional banks.

Fortune

Wells Fargo executive Mary Mack, lauded for actions during massive scandal, is retiring

CHARLOTTE, N.C. — Wells Fargo’s Mary Mack, a top executive in Charlotte, will retire this summer after nearly 40 years in the banking industry and navigating a massive scandal at the bank.

Tribune News Service

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"Plaintiff Alleges He Fronted Howell Drugs in Exchange for a Promise to Pay Plaintiff Within the Week"

From McElrath v. MetaQuest, decided Friday by Magistrate Judge Kaymani West (D.S.C.): Plaintiff alleges he fronted Howell drugs in exchange for a promise to pay Plaintiff within the week. Plaintiff claims he and Howell agreed that Plaintiff would be allowed to confiscate Howell's enclosed trailer if Howell failed to pay.…

Reason

Bruce Bedford obituary

Other lives: Caver who edited Descent caving magazine, and writer of plays for radio and stage

The Guardian - UK

Scottish director's debut film scores four Bafta nominations

A feature film debuting a Scottish director and writer has been recognised with multiple nominations for the British Academy Film Awards.

The National (Scotland)

Wells Fargo terminates employee over unruly behaviour on Air India flight

Wells Fargo said on Friday it had terminated one of its employees in India and was cooperating with local law enforcement, after allegations of misbehaviour onboard an Air India flight.

Reuters

Elizabeth Warren Demands Answers From Wells Fargo On 'Alarming Pattern' Of Zelle Fraud

Sen. Elizabeth Warren (D-Mass.) says she wants answers from Wells Fargo & Co (NYSE: WFC) on the Zelle fraud.

Benzinga

Wells Fargo Taps Sol Gindi To Head Advisor, Wealth & Investment Client Relationship Group

Wells Fargo & Company (NYSE: WFC) announced that Sol Gindi would become the head of Wells Fargo Advisors (WFA) and the Wealth & Investment Management (WIM) Client Relationship Group.

Benzinga

Consumer Confidential: In this, my final column, one last consumer problem to be solved

John and Dorothy Laguna opened a Wells Fargo checking account in 2014.

Los Angeles Times

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