Wells Fargo & Company (WFC) has been highlighted heavily by investors. Recently, the bank has announced the complete redemption of its
Series S Preferred Stock with NYSE: WFC. A high-profile addition to the team,
Fernando Rivas, is set to join as
Co-CEO of Corporate & Investment Banking. The bank's dividend was subject to a thorough analysis following its announcement of a new
Business Credit Card with cashback, and it ranked among the top five largest banks in the US in terms of
asset size and customers. A drop in Wells Fargo's net interest income was offset somewhat by earnings topping estimates. Wells Fargo's decision to settle the Schilling fraud case for $800K and a shareholders' class-action suit for $1B has been approved. In addition, the company also unveiled
Signify Business Cash Mastercard®. The settlement of $1B was approved by a judge. In crew expansion,
Jason M. Rosenberg will join as Head of Public Affairs. The termination of the 2016 OCC Sales Practices Consent order has also been confirmed.
Wells Fargo WFC News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Fri, 10 May 2024 15:01:09 GMT -
Rating 4
- Innovation 0
- Information 7
- Rumor -2
