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By Anthony Lazzara |
July 11, 2014
The S&P 500 ended last week at an all-time high; the index has not had a drop of 10 percent in more than two years.
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By Dakin Campbell, Bloomberg |
December 30, 2013
Wells Fargo & Co., the largest U.S. home lender, agreed to pay Fannie Mae $591 million to resolve repurchase demands on loans originated before 2009 and sold to the government-backed firm.
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By Hugh Son, Bloomberg |
May 30, 2013
Stumpf says new regs and capital rules should be given "a chance to work."
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By Dakin Campbell |
January 31, 2013
John Roncevich walked away from Wells Fargo to advise banks sidestepping new regulations affecting the industry.
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By Heather Perlberg and Dakin Campbell, Bloomberg |
January 22, 2013
Mortgage revenue at the four largest U.S. lenders is surpassing the costs of faulty home loans and foreclosures from the housing boom as Federal Reserve and government policies help fuel the recovery.
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By Sree Vidya Bhaktavatsalam, Bloomberg News |
December 4, 2012
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
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By Dakin Campbell, Bloomberg |
October 16, 2012
Wells Fargo & Co., the biggest U.S. home lender, is restructuring sales and trading operations to form a new markets division at its investment bank as the firm challenges more established Wall Street rivals.
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By Dakin Campbell, Bloomberg |
October 12, 2012
Wells Fargo & Co., the most valuable U.S. bank and largest mortgage lender, dropped 4 percent in New York trading after reporting a record third-quarter profit that was marred by narrower profit margins.
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By Christopher Condon and Joshua Gallu, Bloomberg |
May 1, 2012
Citigroup Inc., Morgan Stanley, UBS AG and Wells Fargo & Co. agreed to pay a combined $9.1 million to settle regulatory claims they failed to adequately supervise the sale of leveraged and inverse exchange-traded funds in 2008 and 2009.
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By Margaret Cronin Fisk and Beth Hawkins, Bloomberg |
March 27, 2012
Wells Fargo & Co. must face a class-action, or group lawsuit, by institutional investors who claim the bank marketed a risky securities-lending program it said was safe.
