Goldman: Buy Wells Fargo -
wells fargo

Goldman: Buy Wells Fargo

Barron's - 14 May 2014
If Wells Fargo is good enough for Warren Buffett, it should be good enough for you, too. Buffett's favorite bank will update investors on key financial measures at a May 20 investor day meeting. Goldman Sachs is telling clients to prepare for the stock ...
wells fargo

Wells Fargo Says It's Investigating Information Sent to Attorney

Bloomberg - 22 Jul 2017
Wells Fargo & Co., the San Francisco-based lender, said it is looking into whether any private information was accidentally provided to an attorney as part of a lawsuit. Information about tens of thousands of the bank's wealthiest clients was sent in ...
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Wells Fargo is closing 450 branches

Business Insider - 19 Jul 2017
Wells Fargo has long been known among analysts and commentators as one of the nation's most efficient banks. As a result, when its efficiency started to slip recently, the bank responded by announcing an initiative to cut annual expenses by $2 billion ...
wells fargo

Wells Fargo to give $4M to HOME to expand black home ownership

Richmond Free Press - 21 Jul 2017
On Monday, HOME and Wells Fargo announced that the bank has agreed to provide $4 million to the nonprofit to help “increase home ownership opportunities for and expand lending to African-Americans and in African-American neighborhoods.” The grant ...
wells fargo

Wells Fargo closes 7 Arizona branches, but no jobs cut - 19 Jul 2017
The Motley Fool earlier Wednesday reported that Wells Fargo would close about 200 branches nationwide this year and another 250 in 2018. About 93 of them already have been shut, English said. Many competitors have been doing the same, as banks ...
wells fargo

Wells Fargo Planning More Branch Changes

Wall Street Journal (subscription) - 18 Jul 2017
Wells Fargo & Co. is planning a round of new branch changes to improve customer and employee relationships still damaged from the bank's sales-practices scandal last year. In its next rollout of retail shifts, Wells Fargo is aiming to solve more ...
wells fargo

Wells Fargo to test another digital product with employees this year

Charlotte Business Journal - 21 Jul 2017
Wells Fargo & Co. plans to test another new digital banking tool with employees later this year. The San Francisco-based bank calls the new digital experience the "Control Tower" — it's a platform that lets users view their personal finances in one place.
wells fargo

Wells Fargo responds to controversial pipeline funding allegations - 21 Jul 2017
I would like to clarify a lot of incorrect information being distributed by some environmentalist groups about Wells Fargo and the proposed Keystone XL pipeline. 1) The owner of the proposed Keystone XL pipeline has not yet determined whether or not ...
wells fargo

Wells Fargo earnings: $1.07 a share, vs $1.01 EPS expected

CNBC - 14 Jul 2017
Wells Fargo easily beat Wall Street expectations with second-quarter earnings of $1.07 per share though revenue appeared light, and shares fell. The report comes just a day after Fed Chair Janet Yellen said regulators continue to look into the bank's ...
wells fargo

Wells Fargo ordered to rehire whistleblower, pay back wages - 21 Jul 2017
NEW YORK (CNNMoney) - A federal agency has ordered Wells Fargo to give a whistleblower her job back, along with $577,500 in back pay and damages. The whistleblower was working as a branch manager in Pomona, California, when she was fired for ...

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