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Wells Fargo & Co (WFC.N)

WFC.N on New York Stock Exchange

55.08USD
18 Jun 2018
Change (% chg)

$0.10 (+0.18%)
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UPDATE 1-Wells Fargo mulls combining wealth management divisions

June 18 Wells Fargo & Co said Monday it is considering restructuring and possibly combining two of its retail brokerage businesses, a move to increase efficiency among the two legacy units.

Wells Fargo to restructure wealth management business - WSJ

June 18 Wells Fargo & Co is expected to announce a restructuring of its wealth management business, the Wall Street Journal reported on Monday, citing people familiar with the matter.

UPDATE 3-Wells Fargo receives final approval to settle $142 mln lawsuit

June 15 Wells Fargo & Co said on Friday it received final approval from a district court in California to settle a $142 million class-action lawsuit, which compensates customers affected by a sales scandal related to phoney bank accounts.

Wells Fargo settles retail sales lawsuit for $142 million

Wells Fargo & Co said on Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phoney bank accounts.

Wells Fargo settles retail sales lawsuit for $142 mln

June 15 Wells Fargo & Co said a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phoney bank accounts.

Wells Fargo workers push for more board access, so far in vain

June 12 A labor-backed group is stepping up pressure on Wells Fargo & Co to add an employee to a council that has the ear of the bank's board and management, arguing workers deserve a voice as Wells Fargo works to get past a damaging scandal over sales practices.

Wells Fargo pulls back from U.S. Midwest, selling 52 branches to Flagstar

June 5 Wells Fargo & Co is pulling back from retail banking in the U.S. Midwest, selling all of its branches in three states, as the bank embarks on a broader review of branch profitability across the country.

Wells Fargo CFO says sales practices review 'virtually complete'

Wells Fargo & Co's finance chief said on Wednesday that the bank's review process to root out possible sales practices issues was "virtually complete" and the lender has shared everything material it knows with investors.

Wells Fargo CFO says sales practices review 'virtually complete'

May 30 Wells Fargo & Co's finance chief said on Wednesday that the bank's review process to root out possible sales practices issues was "virtually complete" and the lender has shared everything material it knows with investors.

UPDATE 2-Wells Fargo employees altered business customers' info - WSJ

May 17 Some employees in a Wells Fargo & Co unit that handles business banking improperly changed information on documents related to corporate customers, the Wall street Journal reported on Thursday, citing people familiar with the matter.

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