Get the scoop on finance - sign up for mobile alerts

wells fargo

Wells Fargo Refuses To Refund Customer After Thousands of Dollars Allegedly Exits Bank Account Without Authorization: Report

One of America's biggest banks is reportedly refusing to reimburse a customer after thousands of dollars vanished from his account.…

November 10, 2023

$40,000,000,000 in Unrealized Losses Hits JPMorgan Chase As Bank of America, Wells Fargo and Citigroup Face Exposure to US Treasuries: Report

JPMorgan Chase has quietly revealed tens of billions of dollars in losses on securities, according to a new report on…

November 3, 2023

JPMorgan Chase, Bank of America, Wells Fargo Suffer Major Outage As Customers Scramble to Locate Deposits

Several of America's biggest banks are facing a flood of complaints about issues with account balances and direct deposits. Customers…

November 3, 2023

Wells Fargo Says an American CBDC Could Be Designed, Approved and Launched in Three to Five Years

Strategists at a Wells Fargo subsidiary think the US could design and release a central bank digital currency (CBDC) within…

October 27, 2023

Mysterious Withdrawals Hit Customers at Major US Bank, Plunging Some Accounts Into the Negative: Report

Customers at one of America's biggest banks are reportedly seeing erroneous withdrawals hit their accounts. Concerns over unexplained withdrawals at…

October 20, 2023

$84,500,000,000 Exits JPMorgan Chase, Wells Fargo and Citigroup in Three Months As Depositors Take Flight

Three of America's biggest banks just watched $84.5 billion worth of deposits disappear in a single quarter. JPMorgan Chase, Wells…

October 20, 2023

Wells Fargo Denies Wrongdoing After Freezing $204,000 in Customer’s Account, Facing Lawsuit for Damages

Wells Fargo says it did nothing wrong when freezing $204,000 in a customer's account – even though it's partially relenting…

October 13, 2023

$260,000,000,000 in Deposits Exits JPMorgan, Bank of America, Wells Fargo and Citi in One Year: S&P Global

Hundreds of billions of dollars in deposits has left America's four biggest banks in the past year, according to new…

October 6, 2023

Wells Fargo Allegedly Freezes Bank Account After $207,765 Deposit, Seizing Customer’s Funds Without Adequate Explanation: New Lawsuit

A new lawsuit alleges Wells Fargo seized a customer's funds and shut down his bank account over a legitimate $207,765…

September 15, 2023

Wells Fargo Pays $35,000,000 Fine for Allegedly Overcharging Millions of Dollars to Customers

Wells Fargo is dishing out tens of millions of dollars to settle allegations that the banking giant charged its customers…

August 27, 2023