The National Observer: Bank exec says office fundamentals 'remain weak'
Starbucks layoffs, JetBlue expansion, and assessments of both data centers and the office sector: All that and more in The ...
Wells Fargo layoffs mount
Wells Fargo & Co. is shedding hundreds of jobs in recent rounds of layoffs around the country and more are expected. Wells ...
Wells Fargo to lay off more workers from its West Des Moines campus as CEO comp rises
On the same day that Wells Fargo shareholders voted to increase CEO Charlie Scharf’s 2023 compensation package by $4.5 ...
Business Insider2y
Traditional lenders like JPMorgan and mortgage startups like Better are cutting thousands of jobs — and it may get way worse
A cryptic email arrived in the inboxes of Wells Fargo loan processors and managers working in the Des Moines, Iowa metro area on Thursday, April 21. The bank would be holding a meeting at 11 a.m ...
Wells Fargo CFO says office CRE fundamentals ‘remain weak’
Wells Fargo's quarterly earnings call included discussion of what the eventual lifting of the Fed-imposed asset cap would ...
Wells Fargo scandal: US bank regulator fines three former executives over fake accounts
The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...
Des Moines Register4y
Wells Fargo will lay off 925 more people, including 71 locally
Wells Fargo & Co., the largest U.S. bank by market capitalization, announced another 925 layoffs Wednesday, pushing to 6,511 the total number of its workers receiving 60-day notices since July 18.
The Charlotte Observer on MSN12d
3 former Wells Fargo execs ordered to pay over $18 million in fake sales account scandal
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts ...
Business Insider2y
Inside Wells Fargo employees' unprecedented union drive
But even as some employees voice support for forming a union at Wells Fargo, which would afford them opportunities to negotiate directly with management over issues like benefits and layoffs ...
Charlotte Observer16y
Wells Fargo plans layoffs at its Fort Mill center
Wells Fargo & Co. will lay off workers at its mortgage center in Fort Mill, the bank confirmed to the Observer on Tuesday. The mortgage center has about 1,600 employees. Spokeswoman Debora Blume ...