All assets associated with the tag: Wells Fargo
Wells Fargo is accused of illegally charging high interest rates to deployed military members and hiding their activity.
WCNC
The Biden Administration is easing its restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals.
Wells Fargo announced Thursday it will abandon its 29-story iconic downtown Raleigh tower, relocating corporate employees to other locations across the area.
The Wells Fargo Capitol Center rises over Fayetteville Street and has 550,538 square feet of office space.
Wells Fargo will leave its iconic downtown Raleigh tower.
Mark Boyle, WRAL anchor/reporter, and Aaron Thomas, WRAL reporter
A 38-year-old man was arrested Tuesday in connection with a daytime Wells Fargo bank robbery.
WRAL staff
Wells Fargo, which employs thousands of people across North Carolina, is expecting to make layoffs in 2024, its CEO saying Tuesday that the company may set aside $750 million or more for severance costs.
The cause of the fire is currently unknown, but the bank will be closed until further notice, according to the Siler City Fire Department.
The fire was first noticed when a police officer responding to a crash saw smoke coming from the building.
Wells Fargo is dealing with a technical issue that has resulted in customers reporting that their direct deposits had disappeared from their bank accounts.
San Francisco-based Wells earned $4.9 billion, or $1.25 per share in the period, on $20.5 billion in revenue. That beat Wall Street analysts' targets, which called for profit of $1.16 per share on $20.1 billion in revenue.
Consumer banking giant Wells Fargo was ordered to pay $3.7 billion in fines and refunds to customers by U.S. government regulators, the largest fine to date against the bank, which has spent years trying to rehabilitate itself after a series of scandals tied to its sales practices.
Wells Fargo easily beat Wall Street's third-quarter revenue forecasts as higher interest rates helped offset a steep decline in home lending.
Police have arrested a man who robbed two Raleigh banks and tried to rob another within a 10-day span.
WRAL Staff
Joe Bruno, a former executive in the wealth management division of Wells Fargo, had long been troubled by the way his unit handled certain job interviews.
Emily Flitter, New York Times
Bank of America and Wells Fargo both topped Wall Street expectations for the third quarter Thursday. Here are the details.
Few companies in the Triangle are requiring employees to be vaccinated or be terminated, SAS and Merck being the notable exceptions at this point.
Democratic Senator Elizabeth Warren is calling on the Federal Reserve to break up Wells Fargo following years of scandal at America's most troubled big bank.
Wells Fargo has decided to allow some customers to keep their personal lines of credit, partially reversing a controversial decision after a month of outrage from consumers and advocates.
Wells Fargo will postpone its return to in-person work for current remote employees until October, according to a company memo. However, a bank spokesperson says Wells Fargo will not require workers to be vaccinated. And, according to multiple media reports, Amazon is postponing a return until 2022.
Financial institutions are updating their timelines — pushing return to in-office work back — in response to concerns about the spread of the Delta variant, including Wells Fargo, which has some 35,000 employees in North Carolina.
Cisco announced a hybrid work policy yesterday. Some Triangle firms already had permanent flexible work policies in place. But what are firms doing now that the Delta variant is spreading? We asked companies how they're handling vaccinations and workplace safety.
Commercial accounts will not be affected.
Wells Fargo is shutting down all of its existing personal lines of credit, sparking outrage from consumers and advocates. And your credit score could take a hit.