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Is It Time To Bail Out On Wells Fargo - Latest News


Is It Time To Bail Out On Wells Fargo?

For the past two years, Wells Fargo's stock performance has lagged banking peers by a considerable margin. Bank management is making changes, however, the process has been slow, costly, and a test of ... read more

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Wells Fargo expenses to be on the 'high end' as it continues turnaround effort

“We’ve taken the guidance off the table because it isn’t something we can guide to on a time frame perspective,” Shrewsberry said. Wells Fargo is still in the process of repairing its ... read more

Despite cuts, Wells Fargo is still spending too much

Wells Fargo had a lot of explaining to do about its expenses after issuing second-quarter results Tuesday. That might seem like a welcome break for a company that in recent years has spent too much ... read more

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Dreamer files discrimination lawsuit against Wells Fargo

(His credit score at the time of his application was 748, according to the complaint.) Peña said that the written notice he received from Wells Fargo indicated that his United States residency status ... read more


Wells Fargo taking Chukchansi tribe to court in dispute over $250M loan

By the time the casino reopened in 2015, the tribe had already missed loan payments. Wells Fargo attorneys also claim the casino’s reopening would not have been possible without the help of the bank’s ... read more

Wells Fargo sues California tribe in dispute over $250M loan

PHILADELPHIA, PA – NOVEMBER 16: Exterior of the Wells Fargo bank on November 16 ... PARADISE (AP) - The public swimming pool in Paradise is reopening for the first time since a catastrophic wildfire ... read more

Wells Fargo: Get Out As Long As You Can

A downturn in the U.S. economy would negatively affect Wells Fargo's credit quality, charge-off ratio, and likely limit the bank's loan and deposit growth. It's time to get out of bank stocks when ... read more

Wells Fargo profits rise by 22% in second-quarter on lower expenses, tax cut

However, it is down 1,700 full-time employees since June 30, 2018. Wells Fargo has not mentioned specific segments or operational regions being affected. It has about 25,100 workers in the Charlotte ... read more

Wells Fargo Downtrend Remains in Force, So Wait for It to Be Broken

Wells Fargo & Co. (WFC) is due to report its latest ... Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article. ... read more

Interim Wells Fargo CEO Uses Earnings Call To Remind Everyone He's Doing A Great Job That He Hates

Congrats on a solid[ish] quarter, Wells Fargo. That felt weird to type ... Wells interim CEO C Allen Parker and his time managed to ameliorate the effects of lowering rates on the bank's now ... read more

More than 30% of US companies are blaming tariffs for disappointing Q2 profits, and Wells Fargo believes it's about to get worse

Ahead of a big week for technology earnings, the Wells Fargo Investment Institute's Scott Wren predicts ... He has a 2,800 to 2,900 target, a 4% to 7% drop from the index's all-time high hit last ... read more

Volatility 101: Should Wells Fargo (NYSE:WFC) Shares Have Dropped 14%?

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Even though the Wells Fargo share ... read more



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