fargo Archives - Global Banking Monitor

Wells Fargo Makes History: First Major US Bank to See a Unionized Branch

Wells Fargo & Co. is now the first major US bank to have a unionized workforce. Workers at a Wells Fargo branch in Albuquerque, N.M.,...

Wells Fargo Informs Customers: Missing Deposits Glitch Now Fixed

The Wells Fargo glitch that made some customers’ direct deposits disappear from their bank accounts is over, the bank said on Saturday. “All accounts have...

Missing Wells Fargo Deposit? Here’s What You Can Do

Wells Fargo is once again cleaning up trouble with its customers’ bank accounts, and there are several steps you can take if you’ve been...

Wells Fargo Customers Complain of Missing Deposits from Bank Accounts

Wells Fargo is dealing with a technical issue that has resulted in customers reporting that their direct deposits had disappeared from their bank accounts. On...

Wells Fargo Reports 57% Profit Increase, Boosts Outlook for Interest Income

Wells Fargo (WFC.N) raised its annual forecast for net interest income (NII) after its profit surged 57% in the second quarter, sending its shares...

Deutsche Bank and Wells Fargo Anticipate Onset of US Recession in Q4 2023

Despite a better-than-expected earnings season, Wall Street economists still expect the U.S. to enter a recession this year. According to FactSet, the blended earnings...

Wells Fargo Analyst Believes Bank Valuations Account for the Bleakest Scenario

Bank stocks are being overly punished by investors in the wake of the regional banking crisis, according to Wells Fargo’s Mike Mayo. Current assumptions factor...

Wells Fargo Settles Sanctions Compliance Failures for $97 Million

Wells Fargo & Co will pay fines of about $97.8 million for inadequate oversight of its compliance risks, enabling the apparent violation of U.S....

Direct Deposits Fail to Appear in Some Wells Fargo Customer Accounts

Wells Fargo announced on Friday that a "technical issue" was causing some customers to not receive direct deposit payments. "If you see incorrect balances or...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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