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The Latest Breaking News from Wells Fargo

Wells Fargo Stock Slides As Bigger Bad Loan Provisions Offset Q4 Earnings Beat

“Though the quarter was significantly impacted by previously disclosed operating losses, our underlying performance reflected the progress we are making to improve returns," said CEO Charles Scharf.

The Street

Dow Jones Futures Fall: JPMorgan Earnings, UnitedHealth Top; Tesla Slashes U.S., European Prices

UnitedHealth earnings topped, with JPMorgan and several banks on tap. Tesla slashed its U.S. and European prices.

Investors Business Daily

Dow Jones Futures Rise Ahead Of CPI Inflation Report; U.S.Airline Flights Grounded

Futures: The S&P 500 is back above its 50-day, but the CPI inflation report looms. An FAA glitch grounded U.S. domestic flights Wednesday morning.

Investors Business Daily

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How Much Will Bank Stocks Move On Earnings? Draw Estimates With Option Prices

Bank stocks are expected to move between 3.80% and 5.90% over this week’s earnings announcements. Here's what the option market is saying.

Investors Business Daily

Millennial Money: 5 tactics to pay buy now, pay later debt

After the holiday season, those “buy now, pay later” bills will come due

The Independent UK

Dow Jones Rises Amid Powell Comments; Boeing Slides On Downgrade

The Dow Jones rose Tuesday amid Fed Chair Jerome Powell's comments. Aerospace giant Boeing slid on a downgrade.

Investors Business Daily

Air India owner expresses ‘anguish’ over urination scandal involving Wells Fargo executive

N Chandrasekaran, chairman of Air India parent company Tata Group, has expressed his "personal anguish" over the scandal.

Fortune

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Air India boss describes ‘personal anguish’ at handling of urinating passenger incident

Statement comes after regulator pulls up airline for ‘systemic failure’ in dealing with incident

The Independent UK

"A matter of personal anguish," says Tata Sons on urination incident onboard Air India flight

Earlier, after facing backlash, Air India had issued show cause notices to four of its cabin crew and one pilot and de-rostered them pending investigations. Read on for details;

Dynamite News

The Air India passenger who urinated on a woman mid-flight has been fired by Wells Fargo, where he was a vice president

Wells Fargo said it was cooperating with police in India and found the incident “deeply disturbing.”

Fortune

Air India Urination Case: Delhi Court Sends Shankar Mishra To 14 Days Judicial Custody

Delhi's Patiala House Court on Saturday sent accused Shankar Mishra, who had allegedly urinated on a co-passenger onboard an Air India flight between New York and Delhi on November 26 last year, to 14 days judicial custody. Read on for details:

Dynamite News

Police arrest Indian executive for urinating on plane passenger

New Delhi (AFP) - A sacked executive of US banking giant Wells Fargo accused of urinating on a fellow passenger aboard an Air India flight has been arrested, a police spokesperson said Saturday.

AFP

Mumbai Man, Who Urinated On Woman Onboard Air India Flight, Arrested From Bengaluru

Delhi Police on Saturday arrested Shankar Mishra, the Mumbai resident, who had allegedly urinated on a co-passenger onboard an Air India flight between New York and Delhi. Read on for details:

Dynamite News

The robot lawyer that speaks up to advocate on your behalf

The new voice bot managed to successfully get a refund from a US bank on transfer fees as part of a demonstration.

Evening Standard

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The Street

Wells Fargo VP Fired After Mid-Flight Urination Incident

The embattled bank has yet another scandal on its hands.

Reuters

Wells Fargo terminates employee over unruly behaviour on Air India flight

Wells Fargo said on Friday it had terminated one of its employees in India and was cooperating with local law enforcement, after allegations of misbehaviour onboard an Air India flight.

AFP

Wells Fargo sacks India executive for urinating on plane passenger

New Delhi (AFP) - US banking giant Wells Fargo on Friday sacked a top Indian executive now being pursued by police for allegedly urinating on a fellow passenger aboard an Air India flight.

Dynamite News

Delhi Police Reaches Out To 'Wells Fargo' Legal Department To Cooperate With Investigation In Air India Urination Case

A day after Delhi Police asked the authority concerned to issue a LOC, now the Delhi Police has reached out to the US-based Wells Fargo company's legal department to cooperate with investigations against accused S Mishra who has been charged under several IPC sections for urinating on an elderly woman…

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Fortune

Something big is happening in the U.S. housing market—here's where 27 leading research firms think it'll take home prices in 2023

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Fortune

Crypto took such a beating in 2022 that U.S. regulators have teamed up for the first time to sound the alarm to banks

Deutsche Bank, Wells Fargo, Citigroup and Bank of America have all invested in crypto staffing divisions in recent years.

Investors Business Daily

Gaming Stocks Rally On Tailwinds In World's Largest Gambling Hub

Gaming stocks ran at the head of rallying China-based stocks Tuesday, after data suggested Covid infections may have peaked in large cities.

Los Angeles Times

Michael Hiltzik: Wells Fargo got slammed with a $3.7-billion penalty. So why doesn't it sound sorry?

The Consumer Financial Protection Bureau left very little unsaid when it announced, a few days before Christmas, $3.7 billion in assessments against Wells Fargo Bank for more than a decade of legal violations harming its millions of customers.

Fortune

Bank hours on Christmas Eve 2022: Bank of America, Chase, Wells Fargo, and more

It’s your last chance to do any banking business until Tuesday.

The Street

Amex, Wells Fargo Make Morningstar List of Best Stocks

Morningstar created a list of the best stocks to own. Here are 10 of its choices in the financial services sector.

The Street

Wells Fargo Avoids Another Big Mortgage Lawsuit

A summary judgement out of Illinois was largely missed amid more high-profile Wells Fargo news.

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