Wells Fargo Profit Up 17%

The nation's largest mortgage lender said revenue from mortgage banking jumped almost 80% and consumers borrowed more on their credit cards. But it called the economic recovery uneven.

Sections:  news   business   
Topics:  banks   credit cards   economy   mortgage   profit   u.s. economy   wells fargo   
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
  • Transaction issues resolved at Wells Fargo, bank says
    HOUSTON - Transaction issues at Wells Fargo that caused customers to have problems making purchases have been resolved Friday. The bank apologized on its Twitter page and said its technical crew has resolved the issues. Customers should be able to complete ...
    06/15/2018 - 2:06 pm | View Link
  • Wells Fargo Receives Approval To Settle $142M Suit
    After receiving preliminary approval for a settlement last July, Wells Fargo said that it has received final approval from a California court to settle a class action suit. The $142 million suit sought to compensate customers impacted by a sales scandal ...
    06/15/2018 - 12:40 pm | View Link
  • Wells Fargo launches $6.75 million homebuyer grant program in Brockton
    BROCKTON – Low- and middle-income families in the Brockton area that hope to buy a home are now being offered a leg up. But they have to act fast. Wells Fargo, one of the biggest banks in the United States, came to Brockton City Hall on Friday to launch ...
    06/15/2018 - 10:38 am | View Link
  • Court finally approves Wells Fargo’s $142 million fake account class action settlement
    A federal court has finally given final approval to Wells Fargo’s $142 million class action settlement for the bank’s customers who had a fake account opened in their name. The final approval comes nearly a year after the settlement received ...
    06/15/2018 - 10:37 am | View Link
  • Wells Fargo receives final approval to settle $142 million lawsuit
    (Reuters) - Wells Fargo & Co said on Friday it received final approval from a district court in California to settle a $142 million class-action lawsuit, which compensates customers affected by a sales scandal related to phony bank accounts. The settlement ...
    06/15/2018 - 8:23 am | View Link
  • More
  • Wells Fargo
    Wells Fargo: Provider of banking, mortgage, investing, credit card, and personal, small business, and commercial financial services. Learn more.
    06/12/2018 - 6:49 am | View Website
  • Wells Fargo Advisors
    Wells Fargo Advisors provides a full range of investing services and financial solutions. Visit WellsFargoAdvisors.com to consult a Financial Advisor today.
    06/11/2018 - 11:36 am | View Website
  • Wells Fargo & Company
    News about Wells Fargo & Company. Commentary and archival information about Wells Fargo & Company from The New York Times.
    06/11/2018 - 11:22 am | View Website
  • Sign on to View Your Wells Fargo Advisors Accounts
    Special Reports. A collection of the most recent thematic reports from Wells Fargo Investment Institute that cover varying topics of interest and importance to investors.
    06/11/2018 - 10:10 am | View Website
  • Wells Fargo Bank, N.A. Cardholders
    Pay your Wells Fargo Bank, N.A. credit card bill online, review your statement guide, find answers to your questions, or locate your credit card account agreement online.
    06/11/2018 - 10:03 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News