Search results
Results From The WOW.Com Content Network
Wells Fargo. Wells Fargo & Company is an American multinational financial services company with a significant global presence. [11][8] The company operates in 35 countries and serves over 70 million customers worldwide. [8]
Meanwhile, Wells Fargo & Co (NYSE:WFC) is highlighted for its strong excess capital levels and the possibility of progress on lifting its asset cap, which could favorably tilt the risk-reward outlook.
Acquisitions in 1999–2000. Continuing the Norwest tradition of making numerous smaller acquisitions each year, Wells Fargo acquired 13 companies during 1999 with total assets of $2.4 billion. The largest of these was the February purchase of Brownsville, Texas -based Mercantile Financial Enterprises, Inc., which had $779 million in assets.
Wells Fargo employees are speaking out following the unnoticed death of their co-worker, Denise Prudhomme. Last month, the corporate banking consultant, 60, died while in her cubicle in a Wells ...
The Wells Fargo cross-selling scandal was caused by creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without their consent or knowledge due to aggressive internal sales goals at Wells Fargo. News of the fraud became widely known in late 2016 after various regulatory bodies, including the Consumer ...
Following the death of 60-year-old Wells Fargo employee Denise Prudhomme, who was found dead days after clocking into her Arizona office in August, one union didn't mince words when it came to the ...
Charles Scharf. Charles W. Scharf (born April 24, 1965) [1] is an American investment banker and business executive who is the chief executive officer and president of Wells Fargo. He was previously the CEO of Visa Inc. [2] and BNY. [3][4]
Wells Fargo's share price fell 10.2% over two days in June 2022, wiping out more than $17 billion of market value, after the New York Times reported the Justice Department probe.