Wells Fargo - updates

Rappler's latest stories on Wells Fargo

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JPMorgan, Wells Fargo profits hit as they build reserves for bad loans

Apr 15, 2020 - 6:40 AM

Reserves to cover vulnerable loans during the coronavirus crisis lead to staggering drops in 1st quarter profits for JPMorgan Chase and Wells Fargo

The JPMorgan Chase headquarters stands in Midtown Manhattan on January 8, 2014 in New York City. John Moore/Getty Images/AFP

[ANALYSIS] Why Nokia, Wells Fargo, and Honda are leaving the PH

Feb 27, 2020 - 11:32 AM

(UPDATED) Although global factors are at play, the Philippines’ business climate and government policies are also partly to blame

Wells Fargo says 1.4 million new phony accounts uncovered

Aug 31, 2017 - 11:21 PM

The new total brings to 3 5 million the number of potentially phony accounts opened without customers consent or knowledge which caused damaged credit scores and millions in unjustified fees the bank says in a statement

Smartphones to replace cards at bank machines in US

Feb 21, 2016 - 11:45 AM

The smartphone based system aims to cut transaction time and prevent skimming

epa05111083 (FILE) A file photo dated 28 September n2012 showing a building reflected in the window of a Bank of America branch in New York City, New York, USA. Bank of America released their 4th quarter results on 19 January 2016, saying their 2015 net income was up 9 per cent to 3.3 billion USD, while earnings per diluted share were at 0.28 USD, compared to 0.25 USD. EPA/ANDREW GOMBERT

$200,000 a share: Buffett's Berkshire hits record high

Aug 15, 2014 - 1:26 PM

The priciest on US markets Berkshire shares got even more expensive for investors in a 7 5 climb – less than 8 years after breaking the 100 000 barrier

Moody's mulls downgrade of major US banks

Aug 23, 2013 - 10:17 AM

The ratings agency says it is assessing 6 major US banks based on gov t financial reforms impact

POSSIBLE DOWNGRADE. JPMorgan Chase is among the 6 major banks being considered for a downgrade by Moody's. AFP PHOTO/TIMOTHY A. CLARY