The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech ...

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $82.79, along ...

KBC Group NV sold 13.8% of its Wells Fargo stake in Q1, shedding 270,183 shares worth over $121 million. Other institutions ...

Wells Fargo joins several banks, including Goldman Sachs, Morgan Stanley, Bank of America and JPMorgan Chase, in raising their dividends after completing their stress tests, a measure that assesses an ...

Vantage Data Centers tightened guidance on most tranches of its $735m single asset, single borrower CMBS deal on Monday.

Unison Asset Management trimmed its Wells Fargo holdings by 7.8%, dropping ownership to 97,615 shares worth $7 million. Wells ...

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 ...

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts. The news that the Fed ...

Wells Fargo (WFC 1.09%) is out of the penalty box, more than seven years after regulators put limits on growth in response to a fake-accounts scandal. Investors are relieved, sending Wells Fargo ...

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.

For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the bank’s growth had its roots in 2016. That’s the year that the bank ...