Wells Fargo Tries To Diss Gold, But Fails
BY JOHN RUBINO Major US bank Wells Fargo has apparently been getting a lot of client inquiries about gold, and has responeded pretty much as you’d expect: Hold Some But Not Too … Read more
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Wells Fargo Closed Their Accounts, but the Fees Continued to Mount
The problem has gone unaddressed by the bank despite complaints from customers and employees, including one in the bank’s debt-collection department who grew concerned after taking in an estimated $100,000 … Read more
Stocks rebounded today, but Wells Fargo Securities’ Chris Harvey warns of a headfake. Here’s why.
Stocks rebounded today, but Wells Fargo Securities' Chris Harvey warns of a headfake. Here's why. pic.twitter.com/PmoSaHhy6Q — CNBC's Fast Money (@CNBCFastMoney) August 6, 2019
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
“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 … Read more
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… … Read more
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 … Read more
Wells Fargo’s Analysts Are Bullish on Gold
From Birch Gold Group This week, Your News to Know brings you the latest stories involving precious metals and the overall economy. Stories include: Wells Fargo turns positive on gold, gold will be … Read more
Wells Fargo: Saying We’d Tell the Truth Was so Absurd We Can’t Be Sued for Lying About It
via confoundedinterest: Wells Fargo is adopting an unusual defense against a shareholder lawsuit: claiming, essentially, that shareholders can’t hold the bank accountable for CEO Tim Sloan’s statements that it was “working … Read more
“We’re Very Sorry”: 545 Families Lose Homes Due to Wells Fargo “Internal Error”
via Yahoo: (Reuters) – Wells Fargo & Co <WFC.N> said on Tuesday an internal underwriting error had caused it to reject home loan modifications, resulting in the bank foreclosing more … Read more
Understanding Prices vs Mortgage Payments, Wells Fargo Fine & More
from Jason Hartman’s Creating Wealth Jason Hartman discusses some key aspects for real estate investors. One of the most important, and most visible, components of investing is interest rates, and there … Read more