wells fargo

Pressures on Lower-Income Consumers Signal Pain for Beauty and Apparel Merchants
Pressures on Lower-Income Consumers Signal Pain for Beauty and Apparel Merchants
July 22, 2024  |  Economy

T.S. Eliot wrote that the world would end not with a bang but a whimper. It may be the case that the unstoppable wave of...

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Big Bank Earnings Show Mixed Signals on Consumer Credit Health
Big Bank Earnings Show Mixed Signals on Consumer Credit Health
July 15, 2024  |  Earnings

Get enough data points in place, and you have a trend. As bank earnings have started to roll in — thus far, from JPMorgan, Wells...

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Expedia Launches 2 Credit Cards for Its One Key Loyalty Program
Expedia Launches 2 Credit Cards for Its One Key Loyalty Program
July 12, 2024  |  Credit Cards

Expedia Group said Friday (July 12) that it will launch two new co-branded credit cards designed to complement its loyalty program, One Key. The new...

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Wells Fargo Turns to Digital, AI as Inflation Batters Deposits
Wells Fargo Turns to Digital, AI as Inflation Batters Deposits
July 12, 2024  |  Earnings

Banks today are caught between an ongoing digital shift and a challenging macro environment. With the release of Wells Fargo’s second quarter 2024 earnings on...

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Trending: Earnings Season Set to Spotlight Digital Banking
Trending: Earnings Season Set to Spotlight Digital Banking
July 08, 2024  |  Digital Banking

The big banks will kick off earnings season Friday (July 12), as is the case quarter after quarter. In addition to the usual metrics that...

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Case Against Big Banks Overcharging on Corporate Bonds Revived
Case Against Big Banks Overcharging on Corporate Bonds Revived
July 02, 2024  |  Legal

A lawsuit accusing 10 banking giants of overcharging investors on corporate bonds has been resurrected. The reason, as Reuters reported Tuesday (July 2), is because...

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Wells Fargo and Rent-Rewards Card Bilt Deny Troubles Despite Reported $10M in Monthly Losses
Wells Fargo and Rent-Rewards Card Bilt Deny Troubles Despite Reported $10M in Monthly Losses
June 16, 2024  |  Credit Cards

Wells Fargo and Bilt are denying reports that their co-branded credit card relationship is in trouble. The banking giant teamed with the FinTech startup in...

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Wells Fargo Employees Let Go for Using ‘Mouse Jigglers’ at Work
Wells Fargo Employees Let Go for Using ‘Mouse Jigglers’ at Work
June 13, 2024  |  Personnel

Wells Fargo has reportedly fired more than a dozen workers accused of faking work. These employees, all part of the banking giant’s wealth/investment management arm,...

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Wells Fargo CEO: Regulators Restricting Corporate Lending Business
Wells Fargo CEO: Regulators Restricting Corporate Lending Business
May 29, 2024  |  Banking

Wells Fargo CEO Charlie Scharf reportedly told investors Wednesday (May 29) that the bank could be doing more corporate lending and trading if regulators lifted the...

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