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The bank has managed to reduce its total number of troubled CRE loans over the last year despite adding $90M in apartment ...
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...
Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has again validated our work and terminated this consent order in just three and a half years.
Wells Fargo's Des Moines metro employment peaked 14,500 in 2017, but it has since fallen to what the Greater Des Moines Partnership says is “more than 11,000.” ...
(Reuters) -A top U.S. banking regulator terminated a 2021 consent order against Wells Fargo for deficiencies in its home lending loss mitigation practices, the Wall Street giant said on Monday ...
Mixed Q1 Results. Wells Fargo’s Q1 figures were mixed. Net income grew by 6% year-over-year to $4.89 billion, while revenue decreased by 3%. Net interest income, a measure of the earnings from ...
In the three-month period that ended March. 31, Wells Fargo's net income of $4.89 billion marked a 6% gain from $4.62 billion. Revenue fell 3% from $20.86 billion in the same quarter last year.
Wells Fargo to cut nearly 200 jobs in NC city. expand. Wells Fargo. Tim Mueller. By David Hill – Reporter, Triad Business Journal. Jun 27, 2025. Preview this article 1 min.
Wells Fargo & Co. plans to repay the U.S. bank bailout program “shortly” without selling equity, a tactic that would protect stakes held by investors including Warren Buffett’s Berkshire ...
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