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.

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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
  • Wells Fargo says agrees with Buffett and is fixing its problems
    "It is a huge tax cut for guys like me", Warren Buffett said at the 52nd annual event, known as the "Woodstock of Capitalism". Berkshire held its annual shareholders meeting this weekend in Omaha, Nebraska. "I did not think [CEO Jeff Bezos] could succeed ...
    05/20/2017 - 11:17 pm | View Link
  • Wells Fargo bank robbed at gunpoint
    The FBI is looking for two suspects who robbed the Silver City Wells Fargo Bank at gunpoint on Friday afternoon shortly before closing. A man wearing a camouflage jacket and fishing hat walked into the bank at 1201 North Pope St. at 5:14 p.m. and pulled a ...
    05/20/2017 - 10:46 am | View Link
  • PICTURES: Wells Fargo Volunteers Work in Allentown
    More than 190 Wells Fargo volunteers joined with the Community Development Action Corporation of Allentown (CADCA) and community residents Saturday for their annual 7th Street Revitalization Work Day in Allentown.
    05/20/2017 - 10:29 am | View Link
  • Wells Fargo Adds Two More Startups To Accelerator Program
    New Jersey Startup Uniken and California Startup ProxToMe Selected For Wells Fargo Accelerator. Wells Fargo is the fourth largest bank in the United States. With nearly 2 trillion dollars in assets, the bank that started in 1852 has been cultivating ...
    05/19/2017 - 8:11 pm | View Link
  • Petition urges Berkeley to cut ties with Wells Fargo
    Wells Fargo fake accounts scandal appears far bigger than previously thought, attorneys say Philadelphia sues Wells Fargo, alleging minority loan bias Wells Fargo will slash $2 billion more in expenses, shut branches BERKELEY — A petition on change.org ...
    05/19/2017 - 7:57 pm | View Link
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  • Wells Fargo Bank at 301 N CHELAN AVE in Wenatchee WA 98801
    Get phone number, store/atm hours, services and driving directions for WENATCHEE
    05/13/2017 - 12:04 am | View Link
    EAST WENATCHEE, WA, 98802. 509-884-1445. Driving Directions. ... Wells Fargo makes it easy to manage your accounts, order products, and pay bills online.
    05/11/2017 - 11:08 pm | View Link
  • Wells Fargo
    Wells Fargo is a provider of banking, mortgage, investing, credit card, insurance, and consumer and commercial financial services.
    05/11/2017 - 7:47 pm | View Link
  • Wells Fargo
    Wells Fargo & Company is an American international banking and financial services holding company headquartered in San Francisco, California, with "hubquarters ...
    05/11/2017 - 1:57 pm | View Link
  • Bank and ATM Locations in 98841 in Omak WA
    Find Wells Fargo Bank and ATM Locations in Omak. Get hours, services and driving directions.
    05/11/2017 - 12:45 pm | View Link
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