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Wells Fargo reports fifth straight decline in profit

January 13, 2017 by · Leave a Comment 

(Reuters) – Wells Fargo & Co , the largest U.S. mortgage lender, reported its fifth straight decline in quarterly profit on Friday as it tries to recover from a bogus-accounts scandal.

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Wells Fargo reports fifth straight decline in profit

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U.S. Justice Dept. orders whistleblower to testify in Wells Fargo probe

December 24, 2016 by · Leave a Comment 

U.S. prosecutors in San Francisco have asked Wells Fargo banker Yesenia Guitron, who lost a private lawsuit against the fourth-largest lender, to testify before a grand jury in San Francisco on Tuesday, according to a subpoena dated Dec. 12, which was seen by Reuters. A Wells Fargo spokesman declined to comment.

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U.S. Justice Dept. orders whistleblower to testify in Wells Fargo probe

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Oil prices fall on strong dollar, trading thin ahead of OPEC meeting

November 25, 2016 by · Leave a Comment 

By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the U.S. Thanksgiving holiday and with many traders reluctant to take big…

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Oil prices fall on strong dollar, trading thin ahead of OPEC meeting

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Wells Fargo asks U.S. court to dismiss account scandal lawsuit

November 25, 2016 by · Leave a Comment 

Wells Fargo & Co has asked a U.S. court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. The motion, filed in the U.S. District Court in Utah on Wednesday, is in response to the first class action lawsuit filed…

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Wells Fargo asks U.S. court to dismiss account scandal lawsuit

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US homebuilder confidence holds steady in November

November 20, 2016 by · Leave a Comment 

U.S. homebuilders' confidence in the housing market held steady this month, but many are worried that another fight over the federal budget could cause would-be buyers to put off home purchases.

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US homebuilder confidence holds steady in November

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Wells Fargo faces tighter controls as U.S. regulator reverses course

November 20, 2016 by · Leave a Comment 

By Patrick Rucker WASHINGTON (Reuters) – A leading U.S. bank regulator on Friday reversed course and positioned the agency to claw back pay of former executives at Wells Fargo & Co after a phony-accounts scandal

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Wells Fargo faces tighter controls as U.S. regulator reverses course

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Wells Fargo complaints show flaws in federal whistleblower program

October 14, 2016 by · Leave a Comment 

Former Wells Fargo & Co general manager Claudia Ponce de Leon filed a whistleblower complaint in December 2011 with federal labor regulators, alleging she was fired for telling superiors about employees opening unauthorized accounts. Nearly five years later…

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Wells Fargo complaints show flaws in federal whistleblower program

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U.S. Labor Department launches review of all Wells Fargo complaints

September 26, 2016 by · Leave a Comment 

By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Labor Department Secretary Thomas Perez on Monday pledged to conduct a “top-to-bottom” review of all cases, complaints and other alleged violations that…

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U.S. Labor Department launches review of all Wells Fargo complaints