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The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.
Under the plan, every time a consumer moves money from JPMorgan Chase to a crypto account or a third-party service like ...
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The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis, study ...
Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.
By Denny Jacob Wells Fargo disclosed its board authorized a new common stock repurchase program of up to $40 billion.
PayPal derives the vast majority of sales from consumer transactions and 40% of revenue and gross payment volume comes from international markets, according to Wells Fargo analysts.
DAVIS, Calif., July 03, 2025--UC Davis study shows Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks, driving homebuyers to fintech lenders.