Wells Fargo Bank
Wells Fargo CEO John Stumpf got a pay package worth $19.3 million last year, 8 percent more than he received in 2011, when his compensation deal made him one of the highest paid CEOs in the U.S.
Occupy demonstrators and housing advocates and briefly took over a Wells Fargo Bank branch in San Francisco’s Bayview neighborhood Thursday as part of a protest denouncing foreclosure.
The federal government has sued Wells Fargo Bank in New York, blaming the nation’s largest originator of home mortgages for thousands of loan defaults over the last decade.
San Francisco Tuesday had the biggest Occupy protest on either side of the bay, since encampments were shut down last year. Many activists at Tuesday’s ‘Occupy Wells Fargo’ action called it a reemergence of Occupy.
Wells Fargo & Co. said it will nearly double the size of its quarterly dividend after passing the Federal Reserve’s stress test.
Wells Fargo customers in six states who had free checking accounts will pay $7 a month starting in May.
Despite a drop in foreclosures, getting a loan modification is still a challenge. For a Brentwood woman, no one seemed to pay attention to her case until she turned to CBS 5 ConsumerWatch.
Police released photos Wednesday of a man who robbed a Wells Fargo Bank branch inside a Benicia supermarket on Tuesday.
Wells Fargo & Co. said Tuesday Chief Financial Officer Howard Atkins is retiring and the lender has named Timothy Sloan as successor, effective immediately.
Police were searching for two men who robbed a San Leandro bank on Monday morning.