Wells Fargo & Co (NYSE:WFC) stated that it will launch its first ever national ad casting a same-sex couples. The new advertisement will also be the first of its kind in the U.S. banking industry. The bank and its peers have introduced same-sex couples in ads targeted to the LGTB group in recent years. However, […]
john Stumpf
Wells Fargo & Co (NYSE:WFC) Profit Falls After Employee Cost Increment
The recent hike in the employee cost has resulted in profit fall for Wells Fargo & Co (NYSE:WFC). The largest U.S. Mortgage lender has been under pressure for the past few months due to low-interest rates in the country. As per the reports, it’s the first time in the last five years when Wells Fargo […]
Wells Fargo &Co (NYSE:WFC) CEO Swipes Government Backed Agencies Over Unfair Treatment
Boston, MA 08/27/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) push to protect itself from federal authorities has seen it issue a stunning warning stating it would block the issuance of home loans to people with low credit scores. The move is aimed’ at protecting the bank from unnecessary costs that come with soured loans […]