Wells Fargo Advantage Utilities & High Stock News

Wells Fargo & Co. profit slumped 56 per cent as Chief Executive Officer Charlie Scharf took charges to address old scandals and begin his job-cutting push.

Wells Fargo’s profit tanks 56% in the fiscal third quarter to £1.57 billion. The U.S. bank sets aside £578.78 million to cover for loan losses in Q3.

Interest income was down because interest rates are falling. The housing market, however, remains strong.

Wells Fargo says it earned $2 billion in the third quarter, less than half of what it made in the same period last year but a significant improvement from this year’s second quarter, when it posted

The San Francisco-based bank takes customer remediation and restructuring charges to address its old consumer banking scandal.

Wells Fargo & Co. said Wednesday that its third-quarter profit fell 56%. The San Francisco-based lender said it made $2.04 billion in the third quarter, down...

The San Francisco-based lender said profit dropped from a year earlier to $2.04 billion. Still, the results were an improvement from the second quarter, when the bank set aside billions for bad loans

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has released its third quarter 2020 financial results. The financial results are available online at https://www.wellsfargo.com/ab

Provident Wealth Management LLC bought a new stake in shares of Wells Fargo & Company (NYSE:WFC) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 1,900 shares

Wells Fargo & Company (NYSE: WFC) has released its third quarter 2020 financial results. The financial results are available online at https://www

Wells Fargo has had a very rough H1. Q3 will likely be a little better, but the bank will still feel the pandemic impact.