The layoffs come just weeks after the Fed removed Wells Fargo’s $1.95 trillion asset cap punishment over its 2016 fake sales scandal.

Wells Fargo cut about 425 jobs in the ... In addition to its mounting losses in the mortgage trade, Wells Fargo has been plagued with penalties for regulatory infractions.

The Wells Fargo West Des Moines campus, the headquarters of the bank's mortgage division. Wells Fargo's plan to make big reductions in its mortgage business could mean more jobs losses at the ...

Wells Fargo is set to vacate its long-standing location at the West End Center in downtown Winston-Salem, a move that will result in nearl ...

A class of plaintiffs who are former investors of Wells Fargo sued the bank in 2022, claiming that it conducted fake job interviews to get around the company’s diversity guidelines. After the New York ...

Wells Fargo is a “high-cost producer” of its core products and services, so it may be losing market share, Bove said, adding that a “new loan-loss cycle is underway.” ...

Most Wells Fargo employees in the office work remotely but the building has 24/7 security, per KPNX. ... “We are deeply saddened by the loss of our colleague, Denise Prudhomme.

Wells Fargo pointed to a 2013 paper from Oxford University that forecast 47% of U.S. employment was at risk to automation over the next decade or two that failed to foresee the current labor ...