Plus, the eighth continent, the rain is delaying a lot of flights, whatever happened to Jar Jar Binks, and much more! [ more › ]
Customers are still turning their backs on Wells Fargo after a scandal over sales practices, with the bank saying Friday the number of new checking accounts people opened was down … Click to Continue »
Tarred by scheme to meet sales targets, bank has trouble signing up checking and credit card customers
Brandon Muhs, front, of Fargo, North Dakota, pushes a dolly cart with boxes containing petition signatures into the Secretary of State's office on Monday, July 11, 2016, for a medical marijuana initiative for consideration on the November ballot. Show More Summary
Cities and other public entities are ending business with banks like Wells Fargo, which loaned more than $400 million to the companies behind the Dakota Access pipeline. And big banks better buckle up, because the divestment movement is just getting started.
Last week the Seattle city council unanimously voted to sever ties with Wells Fargo Bank over the bank’s funding of the Dakota Access Pipeline. Hours later, Davis, California followed suit. A few days later New York City Mayor Bill de Blasio publically indicated his interest and possible willingness to implement similar actions. Show More Summary
The mayor's proposed restrictions will also include reexamining the city's relationship with Wells Fargo bank. [ more › ]
We are investigating Matthew Maczko, the former financial advisor employed by Wells Fargo Advisors LLC from 2008 through 2016, and its branch office in Oakville, Illinois. The Financial Industry Regulatory Authority (“FINRA”) recently suspended Mr. Show More Summary
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Wells Fargo recently announced that it had formed a new group, called Payments, Virtual Solutions, and Innovations,...Show More Summary
by Angela Guess According to a recent press release, “Wells Fargo & Company today announced it is enhancing the organization within its recently formed Payments, Virtual Solutions and Innovation group. The new structure aims to helpShow More Summary
Bank of America, PNC and JPMorgan all beat on the bottom line, while Wells Fargo at 96 cents was a bit shy of the $1 consensus.
Android Wear 2.0 is coming soon, and one of the big benefits of the update is the inclusion of Android Pay for watches with NFC built in. You’ll be able to pay for things at compatible terminals with a tap of your wrist rather than pulling your [...]
With the latest update to Android Wear 2.0, bank cards from Wells Fargo and CITI Bank can not be used with your smartwatches.
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Late last year, Wells Fargo rolled out a new app called “Daily Challenge,” which is meant to encourage savings...Show More Summary
The drop in Wells Fargo’s estimated brand value paved the way for a Chinese bank to be crowned the world’s most valuable bank brand.
Bonus checks at The Stagecoach are just notes that read "Ya Stumpf'd!"
by Sydney Brownstone According to the lawsuit, Sean Perryman was the only black person present during the scuffle. SPD Seattle Police Sued Over 2015 Arrest at Rhino Room: Honor student Sean Perryman spent a weekend in jail after trying to mediate a fight outside the Rhino Room in 2015. Show More Summary
Two U.S. cities have taken a stand against the construction of the Dakota Access Pipeline by announcing plans to cut ties with Wells Fargo, which is a key funder of the project, NPR reports. Seattle’s City Council voted against renewing a contract with the bank next year, which will result in...
In a unanimous vote, Seattle's council opted to pull more than $3 billion in city funds from the banking giant. Hours later, Davis, Calif., followed suit.
U.S. Sen Elizabeth Warren (D-MA) questions Wells Fargo CEO John Stumpf (not pictured) during his testimony before a Senate Banking Committee hearing on the firm's sales practices on Capitol Hill in Washington, U.S., Sept. 20, 2016. REUTERS/Gary...Show More Summary