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Wells Fargo News

15 Jun 2024

Several Employees Of THIS Bank Fired Over Fake Keyboard Activity: Details Here

Banks and several finance companies in the US now require employees to work in the office full-time.

07 Jan 2023

Air India peeing row: US-based Wells Fargo Bank sacks accused Shankar Mishra

Shankar Mishra was employed at an American multinational financial firm Wells Fargo, which has taken action against the accused of the Air India 'peeing' incident and fired him.

PGA Championship

27 Apr 2019

Masters champion Tiger Woods to skip Wells Fargo Championship

Tournament director Gary Sobba confirmed the absence of the 15-times major champion.

05 May 2018

Tough greens take toll as Lahiri misses cut at Wells Fargo, Woods makes it

The firm and tough greens took a toll on Anirban Lahiri as the Indian missed the cut at the Wells Fargo Championship after shooting 76-74 in the first two rounds, even as the legendary Tiger Woods managed to make it.

04 May 2018

Lahiri disappoints; modest start for Woods at Wells Fargo

Anirban Lahiri had a disastrous finish as he dropped four shots in closing three holes to end at 5-over 76 on the opening day of Wells Fargo golf tournament.

US core retail sales

21 Oct 2016

U.S. mall investors set to face huge losses as retail gloom deepens

The dramatic shift to online shopping that has crushed U.S. department stores in recent years now threatens the investors who a decade ago funded the vast expanse of brick and mortar emporiums that many Americans no longer visit.

13 Oct 2016

Wells Fargo CEO John Stumpf quits, replaced by Tim Sloan

Wells Fargo & Co`s veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank`s reputation and put Wall Street under renewed scrutiny.

14 Apr 2016

Financial shares mint fifth day of gains; indexes close flat

Wall Street was little changed on Thursday after two days of solid gains as investors digested the latest round of big bank earnings and financial shares kept bouncing back.

14 Apr 2016

Wells Fargo profits dip as it reserves for oil loans

Wells Fargo reported a dip in first-quarter profits Thursday as the drag of lower interest rates and the energy rout offset the benefit of higher overall lending.

01 Dec 2015

Yes Bank inks pacts worth $265 mn with US companies for SME lending

Private sector lender Yes Bank today said it has signed loan agreements worth USD 265 million with OPIC and Wells Fargo to support small business growth in India.

15 May 2015

Buffett's Berkshire adds to favourites IBM, Wells Fargo

Berkshire also boosted its share stake in U.S. Bancorp , another large holding, while other portfolio managers adjusted their stakes in several companies.

General Electric

20 Apr 2015

GE in talks to sell lending unit for $74 bn: Report

General Electric, refocusing on its industrial roots, is in talks to sell its USD 74 billion commercial lending unit to Wells Fargo, the fourth-largest US bank, The Wall Street Journal reported on Monday.

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