Latest Wells Fargo & Co News

Wells Fargo 4Q profit falls by half but tops expectations

Jan. 13, 2023 16:40 PM EST

Wells Fargo’s profit for the fourth quarter came in ahead of Wall Street’s targets but were about half of what it earned last year as the bank had to pay another $3.3 billion in fines and penalties to settle numerous scandals from recent years. Wells earned $2.86 billion, or 67...

Hanesbrands, Wendy's rise; Delta, UnitedHealth fall

Jan. 13, 2023 16:14 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Delta Air Lines Inc., down $1.40 to $38.20. The airline gave investors a weak first-quarter earnings forecast. UnitedHealth Group Inc., down $6.10 to $489.57. ...

Axcelis, Axonics rise; CommVault, Ichor Holdings fall

Jan. 11, 2023 16:21 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Wells Fargo & Co., up 38 cents to $42.74. The bank said it will shrink its home mortgage business. World Wrestling Entertainment Inc., down 74 cents to $89.50. ...

Millennial Money: 5 tactics to pay buy now, pay later debt

Jan. 10, 2023 08:34 AM EST

Chances are that your “buy now, pay later” bill from the holiday season will arrive soon or has already made its debut. If you’re not financially prepared to pay up, late fees or other charges can bury you deeper in debt. Circumstances can change over a matter of weeks through...

FuelCell, Wells Fargo fall; Steelcase, Blucora rise

Dec. 20, 2022 16:16 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Blucora Inc., up $2.78 to $25.34. The wealth management company completed the sale of its TaxAct tax prep software. Wells Fargo & Co., down 84 cents to $40.98. ...

Wells Fargo to pay $3.7B over consumer law violations

Dec. 20, 2022 11:45 AM EST

WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking accounts. ...

Wells Fargo to pay $3.7 billion in fines, penalties for widespread consumer law violations in auto, mortgage loans

Dec. 20, 2022 09:01 AM EST
WASHINGTON (AP) — Wells Fargo to pay $3.7 billion in fines, penalties for widespread consumer law violations in auto, mortgage loans.