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Wells Fargo (WFC) plans to boost its quarterly dividend by 12.5% to $0.45 per share from its current level of $0.40, the company said on Tuesday.
Banking Wells Fargo clears another Fed hurdle as banks pass stress tests The U.S.’s largest banks remained ‘resilient’ after absorbing $550 billion in losses in a simulated economic shock ...
Wells Fargo announces layoff of another 35 workers in West Des Moines effective in August, bringing the total to 1,241 since April of 2022.
U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief Financial Officer Mike Santomassimo said on Tuesday.
Wells Fargo got some good news this week. Federal regulators on Tuesday announced they’re lifting a severe punishment on the bank related to its fake accounts scandal from nearly a decade ago.
Wells Fargo opens its 13th Long Island branch, announces $100K grant for affordable housing in North Bellport with LIHP.
This story has been updated with an analyst's comments. Wells Fargo has finally broken free from the regulatory shackles that have constricted its growth for more than seven years. The Federal Reserve ...
Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.
Wells Fargo’s history of fines, fraud, and misconduct spans years, including a $3B settlement and its $2T cap being lifted in 2023.
Wells Fargo & Co. shares are rising in Tuesday's after-hours session after the company announced it's no longer subject to asset growth restrictions imposed in 2018.
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