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San Francisco — Wells Fargo's hometown — might ditch the bank (WFC)

Business & Finance : Business Insider: Money Game

San Francisco may be dropping Wells Fargo for city business after its settlement with regulators over the opening of 2 million accounts in the name of customers without their knowledge between 2011 and 2015. The hit may be particula...

BANK DOWNGRADE RAMPAGE: Goldman, Bank Of America, Wells Fargo, And Citigroup Just Got Cut By S&P

Business & Finance : Business Insider: Money Game

Standard & Poor's ratings service just cut the ratings of Goldman Sachs, Bank of America, and S&P from A to A-, according to Bloomberg. Wells Fargo was also cut from AA- to A+. Those cuts were part of more than 37 cuts the agency ma...

SEC Subpoenas Goldman Sachs, JP Morgan, Citi, BofA and Wells Fargo Over Foreclosures (GS, BACJPM)

Business & Finance : Business Insider: Clusterstock

The SEC subpoenaed Bank of America, Citi, JPMorgan, Goldman Sachs and Wells Fargo last week over their actions during the early stages of securitizing home loans, Reuters reported. The SEC wants to know more about so-called "master ...

Wells Fargo Downgrades Goldman

Business & Finance : Deal Journal -

While Goldman Sachs shares bested many other financials in 2011, Wells Fargo says the company is vulnerable to continued deterioration in the global economy and disruption within capital markets, potentially cutting into revenue gen...

California Attorney General Launches Criminal Probe Into Wells Fargo Over Identity Theft

Business & Finance : Zero Hedge

John Stumpf is now gone from Wells Fargo, but his - and the bank's - problems may be just starting. According to a report by the LA Times, California Department of Justice is investigating Wells Fargo on allegations of criminal iden...


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