Wells FargoConsumer News

Hold Wells Fargo responsible: Gap margins will benefit from headquarters consolidation: Wells Fargo

From MarketWatch: Gap Inc. GPS, +3.26%has announced that it will consolidate its San Francisco headquarters, shutting the Old Navy office that was in Mission Bay....

Hold Wells Fargo responsible: Wells Fargo CEO Scharf’s pay drops nearly 12% in 2020

From Fox Business: Wells Fargo Chief Executive Officer Charles Scharf's annual pay fell by about $3 million, or 12%, in 2020, a regulatory filing showed...

Wells Fargo headlines: Wells Fargo To Pay $2M To Settle Wage And Hour Class Action

From Law360: Law360 (February 8, 2021, 6:59 PM EST) -- Wells Fargo agreed to pay $2 million to settle a class action over allegations that...

San Francisco Business Times on Wells Fargo: Wells Fargo layoffs hit San Francisco

From San Francisco Business Times: Wells Fargo is eliminating 79 jobs in San Francisco as the company seeks to cut its annual expenses by almost...

Forbes on Wells Fargo: Wells Fargo’s Head Of Tech Plots A Strategy For Innovation

From Forbes: Saul Van Beurden is the Head of Technology for Wells Fargo, a role he has had for nearly two years, after having spent...

Wells Fargo customers take note: Wells Fargo says federal agency ends anti-money laundering consent order

From Reuters: (Reuters) - Wells Fargo & Company said on Tuesday the Office of the Comptroller of the Currency (OCC) had terminated a 2015 consent...

Mall Owner CBL Says It Didn’t Default On Wells Fargo Loans, according to Law360

From Law360: Law360 (February 3, 2021, 10:01 PM EST) -- Mall owner CBL & Associates on Wednesday asked a Texas bankruptcy judge to throw out...

Law.com reports Longtime Wells Fargo In-House Counsel Joins Troutman Pepper | The American Lawyer

From Law.com: A 20-year member of Wells Fargo’s in-house legal team has left to join Troutman Pepper Hamilton Sanders’ consumer financial services practice group, bringing...

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Top Uber story from The Verge: Uber reports $2.9 billion quarterly loss during pandemic

From The Verge: Uber lost $2.9 billion in the first quarter of 2020, its biggest loss in three quarters. The...

AT&T headlines: AT&T spinning off DirecTV after losing millions of customers

From WRAL Tech Wire: All those AT&T ads for Direct TV, including a variety of inducements, didn’t work. AT&T is...

Comcast headlines: Comcast doubles the speed to 50Mbps for Internet Essentials plan without added fees

From USA TODAY: Comcast is doubling the internet speed to to 50Mbps for its Internet Essentials plan without additional fees,...