wells fargo

Wells Fargo To Cap SMB Bailout Loans at $10 Billion
Wells Fargo To Cap SMB Bailout Loans at $10 Billion
April 06, 2020  |  Loans

Wells Fargo announced it will begin taking loan applications on Monday (April 6) as part of the Paycheck Protection Program (PPP) and will disperse $10...

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Bumpy First Days As Banks Grapple With SMB PPP Demand
Bumpy First Days As Banks Grapple With SMB PPP Demand
April 05, 2020  |  Loans

Call it a bumpy beginning — and that’s a charitable statement. Friday, banks and other lenders officially opened the gates for applications to the Paycheck...

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Coronavirus Update: Factory Workers Sent Home Unpaid In Bangladesh; Banks Vow To Keep Staff Employed
Coronavirus Update: Factory Workers Sent Home Unpaid In Bangladesh; Banks Vow To Keep Staff Employed
March 27, 2020  |  Coronavirus

The COVID-19 situation has led to millions of clothing manufacturing workers not receiving pay as fashion brands call off their orders, the Associated Press reported....

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IOC Mulls Plan To Delay Tokyo Olympics
IOC Mulls Plan To Delay Tokyo Olympics
March 22, 2020  |  Coronavirus

Here are the latest updates on the coronavirus from around the world. The International Olympic Committee (IOC) and organizers of the 2020 Tokyo Olympics have...

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B2B Payments, Biometrics, Amazon Go Tech Top This Week’s News
B2B Payments, Biometrics, Amazon Go Tech Top This Week’s News
March 13, 2020  |  The Weekender

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Today In Payments: Coronavirus To Trigger $820B In Corporate Travel Losses; Uber To Sideline Riders, Drivers With Coronavirus
Today In Payments: Coronavirus To Trigger $820B In Corporate Travel Losses; Uber To Sideline Riders,...
March 11, 2020  |  News

In today’s top news, the travel industry stands to lose $820 billion due to coronavirus fears, Uber may sideline riders and drivers who have the...

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Congress Blasts Former Wells Fargo Bosses Over Resignations
Congress Blasts Former Wells Fargo Bosses Over Resignations
March 11, 2020  |  Bank Regulation

The recent resignations of Wells Fargo board Chairman Elizabeth Duke and board member James Quigley drew criticism by Congress during the first hearing on Capitol...

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Trump Gathers Bank Leaders To Take Temperature On Coronavirus
Trump Gathers Bank Leaders To Take Temperature On Coronavirus
March 10, 2020  |  Coronavirus

U.S. President Donald Trump has asked top bankers to attend a meeting regarding the coronavirus outbreak, as leaders worldwide try to assess the damage to...

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Lawmakers Grill Wells CEO On Account Scandals
Lawmakers Grill Wells CEO On Account Scandals
March 10, 2020  |  Regulation

Just a bit more than four months into his tenure at the helm of Wells Fargo, new CEO Charlie Scharf faced pointed questioning from lawmakers...

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