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.
Bank of America, one of California’s largest employers, will cut about 30,000 jobs over the next few years in a bid to save $5 billion per year.
Wells Fargo & Co. reported its second-quarter profit rose 30 percent, boosted by a release of reserves set aside to cover souring loans as its customers continued to improve their loan and credit card payments.