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 Just Can’t Get Out of Its Own Way
    Wells Fargo (WFC) shares slipped 0.8% Friday after the company announced it dismissed the head of its consumer lending business. In a statement early Friday, the company said Franklin Codel, a senior executive vice president, was dismissed immediately ...
    11/19/2017 - 6:26 am | View Link
  • Wells Fargo Fires Executive For How He Communicated With A Former Colleague
    Another senior executive has left Wells Fargo. But this time it's over how he communicated with a former colleague, the bank said, not for anything having to do with its various business practices that have drawn the ire of consumers, regulators, and ...
    11/19/2017 - 6:00 am | View Link
  • Wells Fargo fires West Des Moines executive
    A Wells Fargo executive based out of West Des Moines was fired on Friday after he had communication with a former employee that did not follow the company's policies, according to a statement from the San Francisco-based banking company. Franklin Codel ...
    11/19/2017 - 4:13 am | View Link
  • Wells Fargo Analyst Sees Beverage Alcohol In Coca-Cola's Future
    Coca-Cola CEO James Quincey has not ruled out the company getting into the alcohol industry. Quincey dropped that mini bombshell to CNBC’s Squawk on the Street headquartered on the floor of the New York Stock Exchange. His comment was in response to ...
    11/18/2017 - 10:14 am | View Link
  • WBA Kistler’s school gets ‘face-lift’ thanks to Wells Fargo
    WILKES-BARRE — Kistler Elementary School was full of energetic and excited volunteers Saturday who were working on projects to give the city school a much-needed makeover. Oh, and a $70,000 donation didn’t hurt either. “We needed a face-lift,” said ...
    11/17/2017 - 7:00 pm | View Link
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  • Wells Fargo
    Wells Fargo: Provider of banking, mortgage, investing, credit card, insurance, and personal, small business, and commercial financial services. Learn more.
    11/15/2017 - 2:33 am | View Website
  • Wells Fargo (@Ask_WellsFargo) | Twitter
    309K tweets • 42 photos/videos • 56.6K followers. Check out the latest Tweets from Wells Fargo (@Ask_WellsFargo)
    11/14/2017 - 10:51 pm | View Website
  • Banking
    Manage your banking online or via your mobile device at wellsfargo.com. With Wells Fargo Online® Banking, access your checking, savings and other accounts, pay bills ...
    11/14/2017 - 8:32 am | View Website
  • Wells Fargo
    Wells Fargo & Company is an American international banking and financial services holding company headquartered in San Francisco, California, with "hubquarters ...
    11/14/2017 - 2:27 am | View Website
  • Bank and ATM Locations in Milpitas CA
    Find Wells Fargo Bank and ATM Locations in Milpitas. Get hours, services and driving directions.
    11/12/2017 - 9:32 am | View Website
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