Wells Fargo pledges $9 million to coronavirus relief efforts in LA County
The Wells Fargo Foundation has pledged $9 million to support COVID-19 relief efforts throughout Los Angeles County. Grants are being disbursed among more than 170 nonprofits with a focus on housing,...
View ArticleWells Fargo preparing for thousands of job cuts
By Hannah Levitt, Bloomberg Wells Fargo & Co., the largest employer among U.S. banks, is preparing to cut thousands of jobs starting later this year, potentially setting a bleak precedent for an...
View ArticleWells Fargo resumes job cuts in break with competitors
By Hannah Levitt | Bloomberg Wells Fargo & Co. has started its long-awaited job cuts, breaking with some of its top U.S. competitors that have resisted workforce reductions amid the coronavirus...
View ArticleWells Fargo recovery grant targets small, minority-owned businesses
Wells Fargo has announced a $2.6 million small business recovery grant to help minority owned businesses in Southern California stay afloat amid the COVID-19 pandemic. The grant is part of the bank’s...
View ArticleGrant will aid women- and minority-owned small businesses in LA County
Wells Fargo has awarded a $1.25 million grant to a Los Angeles collaborative that will provide webinars, workshops and technical assistance services to struggling small businesses and micro-enterprises...
View ArticleWells Fargo’s $5.8 billion profit easily tops expectations
By MATT OTT SILVER SPRING, Md. (AP) — Wells Fargo easily beat Wall Street expectations for the fourth quarter with interest rates beginning to take off, likely another boost for the nation’s largest...
View ArticleWells Fargo faces persistent racial gap in mortgage refinancing
Wells Fargo & Co., which approved fewer than half of mortgage refinancings sought by Black homeowners in 2020, prompting calls for regulatory investigations, greenlighted a larger share of...
View ArticleFormer Wells Fargo exec pleads guilty to role in scandal
Associated Press LOS ANGELES — A former Wells Fargo Bank executive accused of overseeing a ruse that created millions of bogus customer accounts has agreed to plead guilty to criminal charges likely to...
View ArticleSearch is on after armed robbery, shooting at Northridge Wells Fargo
Police were searching for two men who robbed a Wells Fargo bank Tuesday afternoon. The Los Angeles Police Department responded to a call about a robbery and a shooting at Wells Fargo bank in the 8800...
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Overdrawn checking account? Some banks still haul in millions in overdraft fees
The good news: Those annoying (and expensive) overdraft and “non-sufficient funds” fees from your bank — of some $35 per pop! — have plummeted over the past couple of years, saving consumers some $5.5...
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