Wells Fargo Coverage

Wells Fargo & Janet Yellen: Remembering her devastating Fed decision
The night before Janet Yellen stepped down as Federal Reserve chair in February 2018, she shocked Wall Street by delivering a crushing blow to America's most messed-up bank. Here's a look at what happened - and what's coming assuming she is confirmed as Treasury Secretary.

Wells Fargo workers report layoffs underway; 50,000 jobs at risk, news site says
Major layoffs at Wells Fargo have been predicted for weeks, and posts by workers at The Layoff.com indicate the reductions have begun. Here's the latest.

Microsoft, Wells Fargo insist efforts to boost diversity are not discriminatory
The Department of Labor last week sent letters to Microsoft and Wells Fargo questioning whether the companies' commitments to increase the number of Black employees in their leadership ranks constitute race-based discrimination. Both firms defend their decisions.

Wells Fargo lost $2.4 billion last quarter, setting the stage for its first dividend cut since the Great Recession
Wells Fargo swung to its first quarterly loss since the Great Recession, forcing the struggling bank to warn it will likely slash its coveted dividend by 80%.

Fed lifts restrictions on Wells Fargo to help boost lending to small businesses
The Federal Reserve is temporarily letting Wells Fargo out of the penalty box, freeing the troubled bank to aggressively lend to small businesses struggling to survive the coronavirus crisis.

US government fines Wells Fargo $3 billion for its 'staggering' fake-accounts scandal
Wells Fargo was hit with a $3 billion fine Friday by federal authorities outraged by the millions of fake accounts created at the troubled bank over many years.

‘Leadership in Rural Innovation’ is focus of Nov. 7 WRAL TechWire Live event
The final WRAL TechWire Live event of 2019 will take place November 7 at the NC Rural Center in Raleigh […]

Kathryn Brown rappels Wells Fargo building for charity
Anyone walking downtown Friday may have looked up to a strange sight on the Wells Fargo building. People were climbing down the side, including our own Kathryn Brown. It was all for a good cause, too.

Wells Fargo brings in outsider as new CEO; stock rallies
Wells Fargo has hired an outsider to clean up its broken culture, three years after a reputation-tarnishing series of scandals erupted.

Sellout nears for WRAL TechWire Live: Fueling Your Startup event on Oct. 2
Whole Brain Escape’s Heather Maxwell Chandler, Slingshot Coffee’s Jenny Bonchak, The ZEN Succulent’s Megan George and The Flourish Market’s Em Sexton will be the featured speakers at the next WRAL TechWire Live event on October 2. Here are the details.

Former Wells Fargo economist John Silvia joins Charlotte investment firm
John Silvia, the outspoken economist who often livened up events in Raleigh with his often riveting commentaries, is now the Director of Economics at Charlotte-based Carolinas Investment Consulting.

Tech on Tap: TechWire Live Leadership in review, part 2
On March 6, 2019, WRAL TechWire held its first TechWire Live event of 2019. Wells Fargo sponsors the event series, and this was the first of four subject matters scheduled for 2019. This podcast is the second of two recapping the event.