Wells Fargo & Company (WFC) News

Wells Fargo & Company (WFC): $48.25

0.12 (+0.25%)

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WFC News Highlights

  • For WFC, its 30 day story count is now at 29.
  • Over the past 29 days, the trend for WFC's stories per day has been choppy and unclear. It has oscillated between 1 and 6.
  • The most mentioned tickers in articles about WFC are PAY, LOAN and DRUG.

Latest WFC News From Around the Web

Below are the latest news stories about WELLS FARGO & COMPANY that investors may wish to consider to help them evaluate WFC as an investment opportunity.

Wells Fargo taps Morgan Stanley veteran Jeff Hogan as new co-head of M&A

Wells Fargo & Co on Wednesday named a top Morgan Stanley banker as its new global co-head of mergers and acquisitions, as part of the bank's efforts to ramp up its investment banking franchise under Chief Executive Charles Scharf. Jeff Hogan, who spent over 25 years at Morgan Stanley, will join Wells Fargo later this year and will be based out of New York. Hogan, who most recently served as co-head of global technology M&A at Morgan Stanley, has spent most of his career putting together deals primarily in the technology, media and telecom (TMT) industries.

Yahoo | February 8, 2023

Wells Fargo Agrees to Pay $300 Million to Settle Auto Insurance Lawsuit

Wells Fargo agreed to pay $300 million to settle a class-action lawsuit claiming the bank improperly charged hundreds of thousands of customers for unneeded auto insurance. The lawsuit, brought on behalf of investors, followed [a 2017 New York Times report](https://www.nytimes.com/2017/07/27/business/wells-fargo-unwanted-auto-insurance.html) that said the unnecessary collision insurance caused 274,000 customers to become delinquent and almost 25,000 vehicles to be wrongly repossessed. The case a

Yahoo | February 8, 2023

Wells Fargo agrees to pay $300M to settle shareholder lawsuit over auto insurance disclosures

Wells Fargo has agreed to pay $300 million to settle a lawsuit brought by shareholders who claim the company pushed unneeded insurance policies on customers and hid it from investors.

Yahoo | February 7, 2023

Wells Fargo Wins $19 Million Raiding Case Against Raymond James

The wirehouse said in arbitration that Raymond James’ recruiting efforts forced the closure of an Arkansas branch office.

Yahoo | February 7, 2023

Wells Fargo agrees to pay $300 million to settle with shareholders over auto insurance disclosures

(Reuters) -Wells Fargo & Co agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it had pushed unnecessary insurance on auto loan customers, according to documents filed in U.S. court on Tuesday. The Construction Laborers Pension Trust for Southern California, which led the class action brought on behalf of investors, said in federal court in San Francisco that Wells Fargo and its former chief executive, Timothy Sloan, had agreed to settle. The deal requires approval from U.S. Judge James Donato, who is overseeing the case.

Yahoo | February 7, 2023

UPDATE 4-Wells Fargo agrees to pay $300 mln to settle with shareholders over auto insurance disclosures

Wells Fargo & Co agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it had pushed unnecessary insurance on auto loan customers, according to documents filed in U.S. court on Tuesday. The Construction Laborers Pension Trust for Southern California, which led the class action brought on behalf of investors, said in federal court in San Francisco that Wells Fargo and its former chief executive, Timothy Sloan, had agreed to settle. The deal requires approval from U.S. Judge James Donato, who is overseeing the case.

Yahoo | February 7, 2023

Deploying Capital for Veteran Entrepreneurs

During one of Xiaobo Guan's scouting drives around the Norcross, Georgia, area, it dawned on him that his newly acquired self-service car wash couldn't compete with the others in town. The competition was able to charge double, but Guan's machines were so old that he couldn't raise his prices - or capitalize on the potential of his new business.

Yahoo | February 7, 2023

Wells Fargo didn't act after an L.A. executive was raped by her boss, lawsuit alleges

A former Wells Fargo senior vice president has sued the bank, accusing it of retaliation after her complaints of sexual misconduct by a higher-ranking employee.

Yahoo | February 7, 2023

5 Stocks for Total Yield, Offering Value and Growth

Wells Fargo, Bristol Myers, Darden Restaurants, Webster Financial and Prudential Financial are balanced in returning capital through dividends and buybacks.

Yahoo | February 6, 2023

Shareholders 13% loss in Wells Fargo (NYSE:WFC) partly attributable to the company's decline in earnings over past year

Wells Fargo & Company ( NYSE:WFC ) shareholders should be happy to see the share price up 11% in the last month. But...

Yahoo | February 5, 2023


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