Antioch Police Arrest 2 Robbery Suspects After ChasePolice arrested a man and a teen suspected of robbing a woman at gunpoint while she visited a bank's ATM machine Wednesday afternoon.
Wells Fargo Lost $2.4B Last Quarter, Likely To Cut Dividend For 1st Time Since Great RecessionWells Fargo swung to its first quarterly loss since the Great Recession, forcing the struggling San Francisco-based bank to warn it will likely slash its coveted dividend by 80%.
Fed Temporarily Takes Shackles Off Wells Fargo, Freeing It To Help Small BusinessesThe Federal Reserve is temporarily letting Wells Fargo out of the penalty box.
Former Wells Fargo CEO John Stumpf Fined $17.5M For Sales ScandalFederal regulators have slapped former Wells Fargo Chief Executive John Stumpf with a $17.5 million fine for his role in the bank's sales practices scandal.
Wells Fargo 4Q Profit Slides, Hurt By Lower Interest RatesWells Fargo's net income tumbled in the fourth quarter, weighed down by hefty costs and a lower interest rate environment.
Wells Fargo 3Q Profit Falls 23%, Revenue Rises SlightlyWells Fargo's net income in the third quarter fell 23% to $4.61 billion, as the banking giant struggles to get past scandals over sales practices in its retail division.
Wells Fargo Appoints Charles Scharf As CEO, Wall Street CheersWells Fargo named its third CEO in as many years as the bank attempts to put behind it a series of recent scandals.
Wells Fargo 2Q Results Beat Street EstimatesWells Fargo reported better-than-expected earnings despite lower interest income in the second quarter, a potential concern for investors with a Fed interest rate cut likely on the horizon.
Wells Fargo To Need Federal Approval For Next CEO PickWells Fargo will need the US government's blessing before the bank headquartered in San Francisco can pick its next CEO.
Wells Fargo Bottom Line Grows In Q1 Despite Shrinking Deposits, LoansWells Fargo's lending and deposits continue to shrink but the crisis-stricken bank managed to grow its bottom line during the first quarter.
Wells Fargo CEO Tim Sloan Steps Down After Rocky TenureWells Fargo Chief Executive Tim Sloan is stepping down, effective immediately, after less than four years on the job.