Wells Fargo Reaches $590 Million Wachovia SettlementThe settlement would end a 2008 suit that charges Wachovia misled investors in its bonds and preferred securities by understating losses associated with risky mortgages. Wells bought Wachovia that year.
Wells Fargo Name Going On Wachovia Banks On East CoastSan Francisco-based Wells Fargo is putting its name on the Charlotte-based Wachovia banks it has taken over on the East Coast.
Wells Fargo To Modify 15,000 Option-ARM Loans In CaliforniaCalifornia Attorney General Jerry Brown said Wells Fargo Bank N.A. has agreed to modify adjustable-rate loans made to nearly 15,000 Californians by lenders that it acquired.