Regulators on Friday shuttered a pair of small banks, including one that operated in Walnut Creek, bringing to 11 the number of U.S. bank failures this year.
Dozens of clergy members and community activists rallied today outside the headquarters of Wells Fargo Bank in San Francisco in protest of what they say is rampant foreclosure abuse.
A South San Francisco woman who had just left a bank was robbed of more than $10,000 in cash by an armed suspect.
Berkeley is considering taking its $350 million account out of Wells Fargo, saying the bank is partly to blame for the nation’s financial crisis.
Wells Fargo & Co. said its fourth-quarter profit rose 20 percent, helped by better performance of its loans, growth in deposits and a steadying mortgage business.
Protesters calling for an end to home foreclosures are demonstrating from the roof of a bank in San Francisco’s Mission District.
A male suspect jumped a bank counter and stole money from a South San Francisco bank Thursday morning, police said.
A woman was kidnapped on Tuesday afternoon and forced to drive to several banks around San Francisco and withdraw money before being released unharmed, police said.
A federal grand jury on Tuesday indicted Ebrahim Shabudin and Thomas Yu on charges that they falsified corporate books, lied to auditors and conspired to hide substantial loan losses at United Commercial Bank.
A South San Francisco bank was robbed by a suspect who presented the teller with a note demanding money this weekend, according to police.