Wells Fargo says each employee has 60 days from the date of notice to make new arrangements, with the layoffs expected to be permanent.

A Wells Fargo customer is facing a decade in prison after taking advantage of an arrangement with the bank to steal nearly $1 million.

Fate Therapeutics (NASDAQ:FATE – Free Report) had its target price trimmed by Wells Fargo & Company from $5.00 to $4.00 in a research report released on Thursday morning,Benzinga reports. The brokerage currently has an equal weight rating on the biopharmaceutical company’s stock.

VF (NYSE:VFC – Get Free Report) had its price objective dropped by investment analysts at Wells Fargo & Company from $21.00 to $18.00 in a research note issued to investors on Friday,Benzinga reports.

As these fake accounts grew, the CEO of Wells Fargo at the time, John Stumpf, raked in bigger and bigger bonuses. After the scandal blew up, regulators hit Stumpf with fines totalling $20 million — only a small dent in the estimated $130 million he walked away with in compensation when he resigned.

(This Feb. 28 story has been corrected to change the attribution to Cushing, not Paddy McCully, in paragraph 10) (Reuters) - Wells Fargo is scrapping its goal of achieving net-zero emissions across its financed portfolio by 2050 as banks rethink their sustainable lending activities.

Calvin Gray repeatedly impersonated victims who were customers of a number of other banks and financial institutions, according to a federal indictment.

The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and three U.S. banks as federal agencies continue to pull back on previous enforcement actions now that President Donald Trump is back in office.

Commissions do not affect our editors' opinions or evaluations. Wells Fargo offers three standard certificate of deposit (CD) terms: three months, six months and 12 months. The bank also has Wells ...

For the second time in a month, Wells Fargo (NYSE: WFC) has filed plans to close a bank branch in Chapel Hill. This time it’s the UNC Sales Center branch at 207 South Road, which is set to close on May 21.