Tag:
Wells Fargo
Latest Headlines
Latest Headlines
Wells Fargo number one in retail mortgage market
Wells Fargo is surging in the mortgage market.
Wells Fargo criticized over treatement of foreclosed properties
One of the hidden consequences of the foreclosure fiasco is that banks have ended up with a surplus of properties via foreclosures and short sales.
Another upside surprise: Wells Fargo beats estimates
Wells Fargo has delivered another pleasant upside earnings surprise. For the first quarter, it reported earnings per share of 75 cents, compared with the average analyst estimate of 73 cents. As with ...
Wells Fargo's rise as new leader
The financial crisis, while tough on the entire banking industry, has been less cruel to Wells Fargo and JPMorgan Chase than the other big national consumer banks such as Bank of America and Citigroup.
Wells Fargo overtakes Bank of America in mortgage servicing
We noted recently that Bank of America’s market share of residential mortgage originations had slipped, which helped Wells Fargo make some huge gains and overtake the top spot. Now comes word...
Wells Fargo gains in investment banking
Among the big stories as banks report fourth quarter results was the sorry performance of investment banking and trading. At big diversified banks, the consumer side of the business held up...
Wells Fargo posts strong performance
Compared to Citigroup anyway, Wells Fargo's fourth quarter earnings were better received. The San Francisco-based lending giant reported $4.1 billion profit in profits, or $0.73 a share. That...
Wells Fargo probed for release of social security numbers
Over on FierceFinanceIT, we regularly discuss IT security measures at financial services companies. Banks are under constant cyber attack these days, pressured daily to safeguard customer
Questions surround SEC's "neither admit nor deny" policy
The SEC's practice of allowing investigation targets to settle fraud charges without admitting or denying that they actually did anything wrong has been the subject of lots of controversy lately.
Wells Fargo aims to link advisors via social media
Social media remains a hot topic in the financial services industry. Just about every bank and advisory company is pondering how they can harness the power of social media, either as a marketing
