American regulators to Wells Fargo: This is unacceptable
Federal regulators slapped Wells Fargo with yet another fine for failing to move fast enough to compensate customers who were victims of the bank’s “unsafe or unsound” practices. The Office
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We Are Facing The Worst Water Crisis In U.S. History As Thousands Of Wells In The Southwest Go Dry
by Michael Snyder We all knew that this day was coming eventually. At first dropping water levels in the Southwest were an annoyance, then they became a problem, and now
Wells Fargo’s 41.44% Earnings Surprise In Q2 Despite Lower Lending And Higher Deposits (The New [Ab]Normal?)
by confoundedinterest17 Is this the new normal for banking? A big 4 bank actually had a huge upside earning … on declining lending?? Yes, Wells Fargo had a 41.44% earnings surprise
Liquidity Crisis: Wells Fargo & Repo Markets Sound Alarms
By Matthew Piepenburg Every financial crisis ultimately boils down to a liquidity crisis, namely: Not enough fiat dollars to keep the financial wheels sufficiently greased. Below, we look at two warning
Wells Fargo – Banking Crisis?
by Martin Armstrong It has begun. Wells Fargo has told all its customers that it is shuttering down ALL personal lines of credit. The bank has made it clear that it is
Wells Unexpectedly Shuts All Existing Personal Lines Of Credit, Hinting US Economy On The Edge
As the credit market heats back up due to the growing consumer demand amid the reopening, America’s third-largest bank, Wells Fargo, unexpectedly announced this week that it will permanently shut
California moves to regulate private agricultural wells, constrict water usage and control food production
by: Lance D Johnson (Natural News) The failed state of California and its recalled governor are preparing for droughts in 2021. The state is getting ready for this natural disaster
Nonrevolving Consumer Credit Surges In May The Most In History As Wells Fargo Shutters Its Personal Lines Of Credit (Well, THAT Escalated Quickly!)
by confoundedinterest17 The Federal Reserve released its monthly consumer credit report for May and its a doozy. Non-revolving credit increased the most in history! At the same time, Wells Fargo announced
Wells Fargo Site Crashes As Customers Try To See If They’ve Received Stimulus Payments
We apologize to our customers who may be experiencing an issue with our online banking. Thanks for your patience while we research this issue. If you are impacted, please check
Anyone wondering why JPMorgan Chase & Wells Fargo are holding stimulus checks until March 17, look no further than this. Each bank makes around
Anyone wondering why JPMorgan Chase and Wells Fargo are holding stimulus checks until March 17, look no further than this. Each bank makes around $5,000,000 per day on overdraft fees.
WTF? JPMorgan Chase and Wells Fargo aren’t giving customers their $1,400 stimulus checks until March 17. Other banks have paid out already.
JPMorgan Chase and Wells Fargo customers won’t get their $1,400 stimulus checks until at least March 17. Some people with other banks have already got their checks. The banks say
The FALL Of Wells Fargo! – The COLLAPSE Of The Banking System
Josh Sigurdson talks with author and economic analyst John Sneisen about the inevitable collapse of the banking system as they continue to get more and more desperate to prop up
Wells Fargo Execs, Lying as Always, Say They Have Cleaned up Its Poisonous Culture
via NYT: Wells Fargo has spent years publicly apologizing for deceiving customers with fake bank accounts, unwarranted fees and unwanted products. Its top executives say that because they have eliminated
Stocks To Face Headwinds In 2019 – Wells Fargo
The equities rally we’ve seen in 2019 so far won’t last forever, said Erik Norland, senior economist at the CME Group. “I think that the stock market rally that we’ve
Wells Fargo Not the Only Bank to Have Created Unauthorized Accounts
via latimes: A federal bank regulator that has fined Wells Fargo more than $500 million over its creation of unauthorized accounts and other consumer abuses has found evidence of sales practice
Wells Fargo Down everywhere
Website and mobile app are down. Some people saying they can’t get money out of ATMs and cards not working. downdetector.com/status/wells-fargo h/t The Årtist
Wells Fargo pays $575 million to settle state investigations
AP reports, Wells Fargo will pay $575 million in a settlement with attorneys general from all 50 states and the District of Columbia that are investigating fake accounts opened without
“Bad Business on Steroids”: A Day in the Life of a Wells Fargo Executive
It was over two years ago that Wells Fargo’s fake accounts scandal burst into the headlines, and since then, there has been an unrelenting torrent of bad news. In late
This banking scandal is awful… even for Wells Fargo
by Simon Black I guess none of this should surprise me anymore. Our old friends at Wells Fargo are involved in yet another banking scandal. And this one is really bad…
Wells Fargo “Sorry” for Foreclosing on Hundreds of Homeowners Erroneously
via CBSNEWS: Wells Fargo says a computer glitch is partly to blame for an error affecting an estimated 545 customers who lost their homes. The giant bank filed papers with