Tag Archives: wells fargo

Wells Fargo to Help San Diego, Inland Empire, Los Angeles Area Customers Facing Mortgage Payment Challenges

Posted on 23. Jan, 2012 by .

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SAN DIEGO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) is hosting the first of three free workshops across Southern California in San Diego for Wells Fargo Home Mortgage, Wells Fargo Financial, Wachovia Mortgage and Wells Fargo Home Equity customers facing financial hardships. Wells Fargo has invited more than 9,000 mortgage customers in San Diego County and South West Riverside to the free workshop which will be held on Wednesday, January 25, 2012 from 9 a.m. – 7 p.m., at the San Diego Convention Center – Hall E located at 111 West Harbor Drive in San Diego. Parking is free – customers should refer to the event website for instructions.

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Wells Fargo agrees to pay $37M in bid-rigging case

Posted on 10. Nov, 2011 by .

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Wells Fargo & Co. said Tuesday it has agreed to pay at least $37 million in a lawsuit which alleges several banks rigged bidding competitions to win business from state and local governments.

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Wells Fargo Cancels Pilot of Monthly Fee for Debit Cards

Posted on 31. Oct, 2011 by .

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Wells Fargo & Company WFC said today it is canceling its planned five-state pilot of a monthly $3 fee for users of its debit cards as a response to customer feedback the bank has received.

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Wells Fargo posts $4.1 billion profit, mortgage banking income rises

Posted on 18. Oct, 2011 by .

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Wells Fargo Co. (WFC: 24.42 0.00%) posted a third-quarter profit of $4.1 billion, or 72 cents per share, on revenue of $19.6 billion as non-interest income on mortgage banking rose $214 million from the second quarter.

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Wells Fargo to Donate $200,000 to Aid Hurricane Relief Efforts

Posted on 02. Sep, 2011 by .

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Wells Fargo & Company WFC said today the company will donate $200,000 to the American Red Cross Disaster Relief Fund to support relief efforts caused by Hurricane Irene.

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Wells Fargo fined $85 million for subprime loans

Posted on 25. Jul, 2011 by .

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Wells Fargo & Co. has agreed to pay a record $85 million fine to settle Federal Reserve claims that it steered borrowers into costlier loans and falsified data in mortgage applications.

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Wells Fargo Securities Hires Kevin McQuilkin as Managing Director of Industrials M&A

Posted on 06. Jul, 2011 by .

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Wells Fargo Securities, part of Wells Fargo & Company (NYSE: WFC), today announced that Kevin McQuilkin has joined the firm as managing director of Mergers and Acquisitions and will lead the Industrials Mergers and Acquisitions practice.

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Wells Fargo Named Best U.S. Trade Bank

Posted on 21. Jun, 2011 by .

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Wells Fargo & Company (NYSE: WFC) announced today that Wells Fargo was named “Best Trade Bank in the USA” by Trade Finance magazine. Winners of the 14th annual Award for Excellence were selected by a Trade Finance reader’s poll. Evaluating financial institutions on their level of expertise and customer service, online votes were collected across all regions and categories in the magazine’s annual competition.

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JPMorgan Chase CEO: ‘We Have Made a Lot of Mistakes’

Posted on 18. May, 2011 by .

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At least one protester was handcuffed by police as more than 400 protesters surrounded each entrance to the Chase campus in Columbus, Ohio. The annual meeting of shareholders is the latest major bank gathering to be targeted by New Bottom Line. In an effort to raise awareness and force banks into complying with a federal directive to modify mortgages, protesters have recently targeted Bank of America and Wells Fargo as well.

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Hundreds Protest Wells Fargo Shareholder Meeting in SF

Posted on 05. May, 2011 by .

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The New Bottom Line, a national campaign to hold banks accountable for foreclosures, kicked off in San Francisco this week, as hundredsmarched through the Financial District to demand that Wells Fargo change corporate policies that bankrupt families, dismantle neighborhoods, and empty public coffers.

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