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Tag: wells fargo

The Wells Fargo logo is seen on a sign outside of a Wells Fargo Home Mortgage branch office March 20, 2007 in San Francisco, California. San Francisco based Wells Fargo & Co. announced today that it is cutting over 500 jobs in the home mortgage divisions in South Carolina, Arizona and California that cater to high-risk borrowers. (Photo by Justin Sullivan/Getty Images)

Wells Fargo Employee Found Dead At Her Desk 4 Days After Clocking In 

A Wells Fargo employee has been found dead in her cubicle four days after she last clocked in. 

Read More Wells Fargo Employee Found Dead At Her Desk 4 Days After Clocking In 
A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo

Bank Of America, Wells Fargo And JPMorgan Investigated On Zelle Customer Funds, Scams

According to a Wall Street Journal piece published on Wednesday, the Consumer Financial Protection Bureau is probing how big U.S. banks have been managing their customers’ money on the peer-to-peer payments network Zelle.

Read More Bank Of America, Wells Fargo And JPMorgan Investigated On Zelle Customer Funds, Scams
People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo

Exclusive: Fed may tweak rule that could save biggest US banks billions

At issue is how the central bank calculates an extra layer of capital it imposes on U.S. global systemically important banks, known as the “GSIB surcharge.”

Read More Exclusive: Fed may tweak rule that could save biggest US banks billions
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo

S&P 500, Nasdaq notch record highs with inflation data, earnings in focus

The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.

Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger

Big US banks expected to be cautious on shareholder payouts

Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.

Read More Big US banks expected to be cautious on shareholder payouts
Xander Schauffele holds The Wanamaker Trophy after winning the PGA Championship golf tournament at Valhalla Golf Club. Mandatory Credit: Adam Cairns-USA TODAY Sports

Schauffele finally adds some major silverware to Olympic gold

Schauffele finally shedding the title of golf’s nearly man with a dramatic birdie on the final hole to win the PGA Championship.

Read More Schauffele finally adds some major silverware to Olympic gold

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