#wells-fargo

#wells-fargo

The Chinese government has blocked a US federal employee and a Wells Fargo banker from leaving China, confirming both are subject to exit bans. Exit bans are used as leverage in diplomatic disputes.

The lawsuit alleges that Wells Fargo mistakenly charged float fees during the mortgage origination process for over a decade. It asserts that the bank failed to explain the error or refund calculations.

JPMorgan Chase's mortgage originations surged to $13.5 billion in Q2 2025, marking a 44% increase from Q1 and a 26% year-over-year rise.

Wells Fargo reported Q2'25 earnings with an adjusted EPS of $1.60, up 20% YoY, but the stock is down 4.5%. Current revenue is $20.822B, up 1% YoY.

In June 2025, that cap was finally lifted. After more than seven years, the bank is no longer under the growth restrictions that defined its post-scandal trajectory.

"Build trust before going public." - This advice emphasizes the importance of establishing a foundation of confidence among potential union members before making their intentions known.

In an unfortunate incident, Linda Mathiesen mistakenly tipped $5,000 instead of $5 during a purchase, leading to panic as she sought help to reverse the charge.

The Wells Fargo memo reveals a detailed plan for privatizing the USPS, which risks significant job cuts, service reductions, and increased rates for consumers.

The arena will be renamed Xfinity Mobile Arena, effective Sept. 1 and running through the 2030-2031 season.

Wells Fargo has reiterated its bearish price target for Tesla at $130, citing concerns over slow vehicle sales and a challenging political environment.

Wells Fargo's regulators announced the successful closure of its eleventh consent order since 2019, marking a significant milestone in its compliance efforts.