Wells Fargo & Company stock price

Wells Fargo & Company latest news:


  • 09/20/2017 12:18:57

    Financial stocks spike up after Fed, with Bank of America and Wells Fargo shares swinging higher

    Financial stocks spiked higher in afternoon trade Wednesday, after the Federal Reserve said it would begin normalizing its balance sheet, as expected, in October. The SPDR Financial Select Sector ETF was up 0.6%, after trading unchanged just prior to the Fed's announcement. Among the ETF's more heavily weighted components, J.P. Morgan Chase & Co.'s stock climbed 1.0%, after being up just 0.3% pre-Fed, while shares of Bank of America Corp. jumped up 0.9% after being down 0.4% pre-Fed. Elsewhere, Shares of Citigroup Inc. rallied 1.1%, Goldman Sachs Group Inc. gained 0.9% and Wells Fargo & Co. advanced 0.8%. Just before the Fed, shares of Citigroup were up 0.2%, of Goldman Sachs head inched up less than 0.1% and of Wells Fargo were down 0.1%. Meanwhile, the S&P 500 eased 0.1%, after being down less than 0.1% pre-Fed.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/19/2017 23:05:43

    Wells Fargo's lone outsider aims to clean up bank's reputation

    NEW YORK (Reuters) - Before a sales scandal upended its reputation, Wells Fargo & Co was something of a proud outsider in Washington and on Wall Street compared to its big bank peers.

  • 09/19/2017 11:53:54

    U.S. watchdog settled for small fine over Wells Fargo phony accounts: report

    WASHINGTON (Reuters) - A consumer watchdog agency could have levied $10 billion in penalties against Wells Fargo & Co last year for opening unauthorized customer accounts, but settled for a fraction of that to resolve the matter quickly, according to regulatory documents viewed by Reuters on Tuesday.

  • 09/12/2017 09:16:07

    UPDATE 2-Wells Fargo CEO sees progress on expenses in second half

    Sept 12 (Reuters) - Wells Fargo & Co expects to gain better control of costs in relation to revenues, as it works to recover from a sales scandal, its chief executive said on Tuesday.

  • 09/01/2017 15:37:51

    UPDATE 2-Dudley broke code of conduct in Wells disclosure misstep -NY Fed

    NEW YORK, Sept 1 (Reuters) - William Dudley, a tough-talking U.S. regulator who heads the Federal Reserve Bank of New York, violated a code of conduct by failing to disclose that his half-sister worked at Wells Fargo & Co, according to an investigation into potential conflicts of interest.

  • 09/01/2017 14:25:45

    Dudley broke code of conduct in Wells disclosure misstep: NY Fed

    NEW YORK (Reuters) - William Dudley, a tough-talking U.S. regulator who heads the Federal Reserve Bank of New York, violated a code of conduct by failing to disclose that his half-sister was an employee at Wells Fargo & Co , according to an investigation into potential conflicts of interest.

  • 09/01/2017 12:34:03

    Fed investigated Dudley's omission of sibling at Wells Fargo

    NEW YORK, Sept 1 (Reuters) - The New York Federal Reserve said on Friday its president, influential U.S. policymaker and bank regulator William Dudley, violated its code of conduct by failing to disclose that his half-sister was an employee of Wells Fargo & Co.

  • 09/01/2017 10:01:18

    TIMELINE-Wells Fargo since sales scandal last year

    (Updates) September 1 (Reuters) - Wells Fargo & Co on Thursday raised the estimate of accounts opened without customers' knowledge by 1.4 million, bringing the total to about 3.5 million. The scandal over phony accounts came to light last September after the company announced a $185 million settlement with regulators to atone for the sales abuses. The third-largest U.S. bank by assets has since encountered numerous government probes and lawsuits. In response, Wells Fargo has fi

  • 08/31/2017 22:52:38

    PRESS DIGEST- New York Times business news - Sept 1

    The following are the top stories on the New York Times business pages. - Nearly a year after Wells Fargo & Co's (WFC) fraudulent account scandal burst into public view, the bank said it had turned up more than a million additional accounts that customers may not have authorized. http://nyti.ms/2wrkiIt.

  • 08/31/2017 15:32:38

    Vanguard withheld support for key Wells Fargo directors: filings

    BOSTON (Reuters) - Vanguard Group, one of the world's biggest fund managers, voted against three directors at Wells Fargo & Co this year, including Chairman Stephen Sanger, according to U.S. filings,...

  • 08/31/2017 15:23:54

    Vanguard withheld support for key Wells Fargo directors -filings

    BOSTON, Aug 31 (Reuters) - Vanguard Group, one of the world's biggest fund managers, voted against three directors at Wells Fargo & Co this year, including Chairman Stephen Sanger, according to U.S. filings, a rare rebuke from the bank's second-largest shareholder.

  • 08/31/2017 13:07:48

    Wells Fargo review is over and that's a positive for the stock, says Keefe, Bruyette & Woods

    Keefe, Bruyette & Woods said Thursday the end of Wells Fargo & Co.'s third-party review of its retail accounts is a positive for the bank, as it should mean an end to the negative headlines. Wells said earlier the review haduncovered 3.5 million unauthorized accounts, up from an earlier estimate of 2.1 million. The bank will now refund $2.8 million on top of the $3.3 million already refunded. "The retail sales practice scandal settlement was announced nearly a year ago, and at this stage we now expect the trickle of new information to slow considerably," analysts wrote in a note. "That said the company still has to resolve issues related to its auto lending business, collateral protection insurance (CPI) and guaranteed auto protection waivers (GAP insurance), and we expect those items to remain an overhang on shares of WFC in the near-term." As long as no new issues emerge, the stock's underperformance should reverse, they said. Shares were down 0.8%, and have fallen 7.6% in 2017, while the S&P 500 has gained 10.4%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/31/2017 10:04:58

    CORRECTED-UPDATE 2-Wells Fargo finds more unauthorized accounts, online billpay problems

    Aug 31 (Reuters) - Wells Fargo & Co hiked the tally of accounts that were potentially opened without customers’ knowledge by 1.4 million on Thursday after an expanded review of improper sales practices.

  • 08/24/2017 09:34:18

    UPDATE 2-Wells Fargo names head of cards and retail services

    Aug 24 (Reuters) - Wells Fargo & Co on Thursday named Beverly Anderson to head its cards and retail services unit, the latest management change at a bank struggling to repair its reputation nearly a year after a sales scandal.

  • 08/18/2017 11:31:43

    Wells Fargo troubles shift from phony accounts it opened to real accounts it closed

    After paying customers millions of dollars for opening phony accounts they did not want, Wells Fargo & Co (WFC) has said it is now grappling with the possibility it harmed customers by closing real accounts they needed, leaving them without access to funds.

  • 08/15/2017 19:13:01

    UPDATE 3-Wells Fargo changes board, names Duke chair in response to scandal

    Aug 15 (Reuters) - Wells Fargo & Co Vice Chair Betsy Duke will replace retiring Chair Stephen Sanger next year, one of several changes announced on Tuesday in a board overhaul following a sales practices scandal.

  • 08/15/2017 18:48:26

    Wells Fargo changes board, names Duke chair in response to scandal

    (Reuters) - Wells Fargo & Co Vice Chair Betsy Duke will replace retiring Chair Stephen Sanger next year, one of several changes announced on Tuesday in a board overhaul following a sales practices scandal.

  • 08/15/2017 15:20:04

    Wells Fargo board chairman to retire, be replaced at year end

    (Reuters) - Wells Fargo & Co Vice Chair Betsy Duke will replace retiring Chairman Stephen Sanger next year, one of several changes announced on Tuesday in response to shareholder displeasure over the bank's sales practices scandal.

  • 08/15/2017 15:17:16

    UPDATE 1-Wells Fargo board chairman to retire, be replaced at year end

    Aug 15 (Reuters) - Wells Fargo & Co Vice Chair Betsy Duke will replace retiring Chairman Stephen Sanger next year, one of several changes announced on Tuesday in response to shareholder displeasure over the bank's sales practices scandal.

  • 08/15/2017 14:37:15

    Wells Fargo names Elizabeth Duke as independent board chairwoman

    Wells Fargo & Co. on Tuesday said its board named Elizabeth Duke as independent chairwoman to succeed Stephen Sanger who is retiring at the end of 2017 along with two other board members. The bank also plans to name up to three new directors ahead of the 2018 annual meeting. Duke's appointment comes as the bank continues its effort to restore its crediblity in the wake of an account fraud scandal last year. Shares of Wells Frago were flat in the extended session after closing at $52.85.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/15/2017 14:21:44

    Wells Fargo announces board changes, names new chair

    (Reuters) - Wells Fargo & Co on Tuesday announced multiple changes in its board of directors, including a new chair, adding a new independent director and changing the composition of board committees.

  • 08/15/2017 14:11:26

    BRIEF-Wells Fargo announces board changes

    * Wells Fargo & Co - ‍elizabeth Duke to succeed Stephen Sanger as independent board chair​

  • 08/10/2017 17:02:28

    Can a small-town Virginia banker fix Wells Fargo's board?

    (Reuters) - Wells Fargo & Co will likely turn to a former community banker and Fed official to head its board as the scandal-ridden bank tries to restore its former reputation as a solid, plain-vanilla lender, people familiar with the matter told Reuters.

  • 08/10/2017 11:12:18

    Wells Fargo likely to appoint former community banker to head board: WSJ

    (Reuters) - Betsy Duke, a former Federal Reserve official and community banker from Virginia, is likely to become chairwoman of the board of Wells Fargo & Co , the Wall Street Journal reported on Thursday.

  • 08/10/2017 10:15:19

    Wells Fargo likely to appoint Duke as chairwoman: WSJ

    (Reuters) - Betsy Duke, a former Federal Reserve official and community banker from Virginia, may become chairwoman of the board of Wells Fargo & Co , according to the Wall Street Journal

  • 08/10/2017 10:00:12

    Wells Fargo non-executive chairman Sanger likely to step down: WSJ

    (Reuters) - Wells Fargo & Co non-executive Chairman Stephen Sanger is expected to step down before the bank's shareholder meeting next spring, the Wall Street Journal reported on Thursday.

  • 08/10/2017 09:56:00

    Wells Fargo non-executive chairman Sanger likely to step down-WSJ

    Aug 10 (Reuters) - Wells Fargo & Co non-executive Chairman Stephen Sanger is expected to step down before the bank's shareholder meeting next spring, the Wall Street Journal reported on Thursday.

  • 08/08/2017 10:57:41

    California insurance regulator to probe Wells Fargo over auto policies

    - California will investigate whether Wells Fargo & Co (WFC) and an insurance company harmed hundreds of thousands of residents by selling them insurance they did not need, the state's insurance regulator said on Tuesday.

  • 08/08/2017 09:56:04

    California insurance regulator to probe Wells Fargo over unwanted auto policies

    (Reuters) - California will investigate whether Wells Fargo & Co and an insurance company harmed hundreds of thousands of residents by selling them insurance they did not need, the state's insurance regulator said on Tuesday.

  • 08/04/2017 16:12:51

    Wells auto borrowers want bank compelled to help repair credit reports

    Borrowers unwittingly charged for auto insurance when they took out car loans from Wells Fargo & Co (WFC) asked a U.S. court on Friday to force the bank to help them repair their credit scores.

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