World News (12)
USA (335)
California (187)
Bay Area (11)
San Francisco (340)
Wells Fargo (131)
2009
Business (28)
Politics (1)
Wells Fargo, January 2009
Wells Fargo, February 2009
Wells Fargo, March 2009
Wells Fargo, April 2009
Wells Fargo, May 2009
Wells Fargo, June 2009
Wells Fargo, July 2009
Wells Fargo, August 2009
Wells Fargo, September 2009
Wells Fargo, October 2009
Wells Fargo, November 2009
Wells Fargo, December 2009
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| Jan.11 |
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Wells has more branches than any bank Wells Fargo & Co., which began in 1852 as a 'Express and Banking House' serving gold miners, now controls more branches than any U.S. bank | |
| Jan.28 |
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Wells lost $2.83 billion in 4th quarter Wells Fargo is revealing signs of strain as the bank digests Wachovia. Still, the numbers were better than most analysts had expected
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| Feb.2 |
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$371.5 million Dividend To U.S. Treasury The bank is coughing up a cool dividend of $371.5 million for the investment provided through the Troubled Asset Relief Program
| Feb.3 |
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Wells Fargo cancels Vegas junket The company abruptly canceled a pricey Las Vegas casino junket for employees after a criticism that it was misusing $25 billion in bailout m...
| Feb.20 |
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CEO bullish about business
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| Mar.3 |
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Wells has investment fallout
| Mar.5 |
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Wells shares fall on possible downgrade Wells Fargo shares dropped nearly 16%, after Moody's may downgrade the company's long-term ratings as losses threaten the credit ratios
| Mar.6 |
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Wells Fargo slashes dividend by 85%
| Mar.13 |
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Wells Fargo sued over discrimination
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| Apr.9 |
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Record 1Q Profit For Wells Wells Fargo expects record first-quarter earnings of $3 billion, easily surpassing analysts' estimates
Stock surged $4.71, or 31.6 percent, to $19.60 in early trading
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| Apr.22 |
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Wells Reports Record 1st Quarter Profit
| Apr.23 |
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State sues Wells for $1.5 billion Attorney General Jerry Brown is accusing the bank of deceptively marketing a type of financial instrument
| Apr.27 |
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Industry analysts downgrade bank rating 2 analysts downgraded their ratings on Wells Fargo in recent days, citing the bank's stretched capital position and exposed home loan portfo...
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| May.4 |
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Wells asked to raise money Regulators: The bank may need to shore up its finances after 'stress tests' showed the bank would have trouble surviving a deeper recession
| May.6 |
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Wells freezes traditional pension plan Wells Fargo will no longer contribute to their traditional pension plan, effectively cutting the total compensation of its workers
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Wells said to need $15 billion Wells Fargo, the 4th-largest U.S. bank by assets, requires about $15 billion in new capital as a result of regulators' stress test on the lender | |
| May.7 |
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Wells plans $6 billion stock offering Wells Fargo attempts to shore up its capital base following the results of government stress tests
| May.22 |
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Ohio judge blocks Wells foreclosure sales A judge has frozen sales of foreclosed homes in Cleveland owned by Wells Fargo to make sure its properties meet city codes
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| Jul.22 |
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Wells Posts 2Q Profit, Surpasses Forecast Wells Fargo said some of its loan losses came from the continuing cleanup of the loan portfolio acquired along with struggling Wachovia
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| Sep.4 |
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Wells will repay feds $25 billion soon Wells Fargo & Co. said it didn't need feds $25 billion in the first place. Wells brought in $14.2 billion in new capital in the second quart...
| Sep.22 |
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Chairman Kovacevich to step down Dick Kovacevich will step down as chairman at the end of 2009, after staying in the post an extra year to help navigate the financial crisis. CEO John Stumpf, who is 56, takes the additional role of chairman
Read more: http://ww... | |
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| Oct.4 |
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Wells Fargo cutting credit The readers saying banks have cut off their credit for no apparent good reason, and sometimes without warning
| Oct.21 |
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3Q profit rises, but so do loan losses Wells Fargo reported a $2.6 billion profit as the retail banking operations, including the acquired with Wachovia, offset rising loan losses
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| Nov.18 |
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Wells to repay $1.4B to investors Bank agreed to settle allegations that the bank promised strong returns on auction-rate securities before the markets froze
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| Dec.1 |
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Wells to close or rename Wachovia outlets Wells Fargo & Co. will close some branches and convert the rest to the Wells name in April, adding 65 locations statewide
| Dec.15 |
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Wells Fargo to repay TARP money At least two analysts upgraded Wells Fargo & Co., a day after the national bank said it would repay $25 billion in bailout money
| Dec.23 |
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Wells Fargo repay TARP Wells Fargo & Co. and Citigroup Inc. said that they repaid $45 billion they received from the Troubled Asset Relief Program | |
| Dec.31 |
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Wells Fargo sued over loans Memphis city and Shelby County officials have filed a federal civil lawsuit against the bank alleging discriminatory mortgage lending practi...
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