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 Bank Robbed In Downtown BerkeleyA Wells Fargo bank in Berkeley was robbed Wednesday afternoon, police said.
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.
Former Wells Fargo Teller Alleges Manager Drugged, Raped HerA former bank teller is suing Wells Fargo and the man who managed a San Francisco branch where she worked, alleging that he took the then-20-year-old woman out for drinks, then drugged and raped her in 2018.
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.
Armored Car Robbed Outside Of Bank In Oakland; 2 Suspects SoughtPolice were looking for two suspects after an armored car was robbed outside a bank in Oakland Thursday morning.
Wells Fargo Agrees to Pay $385 Million to Settle Car Loan LawsuitSan Francisco-based Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent.
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 Giving $2M Grant To Oakland-Based Small Business LenderWells Fargo will be giving a $2 million grant to Oakland-based small business lender on Monday morning, according to bank officials.
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.
San Jose Explores Creating Its Own Community BankThe city of San Jose is looking into the possibility of creating its own community bank, which would mostly be used for business services like paying contractors.
Wells Fargo CEO Tim Sloan Faces An Angry CongressCEO Tim Sloan's contentious hearing in front of the House Financial Services committee indicates that Wells Fargo isn't out of the dog house yet.