Stumpf retired from the bank weeks later. [See: 7 of the Best Stocks to Buy for 2018.] But headwinds linger for WFC stock. Most recently, the U.S. Federal Reserve announced in February that it will limit Wells Fargo's growth to $2 …
The reason for that is a scandal, centered in phony accounts created by employees for internal incentives, that first came to light a year ago and has only mushroomed bigger. The scandal cost CEO John Stumpf his job and, eventually, his …
The Federal Reserve Board on Friday announced that it would restrict the growth of Wells Fargo & Co. (WFC) until the company sufficiently ... now down 5.07 at $59.00 on above average volume. The stock has dropped to nearly a 2-month …
Key bank earnings are scheduled for release this Friday. The figures are likely to provide a better understanding of the sector’s prospects in the near future. Banking stocks are expected to gain from recently concluded tax cuts, but not …
Despite being one of the nation's largest banks, Wells Fargo & Co. (NYSE: WFC) enters 2018 under fire on multiple fronts, and its share price is showing some wear and tear as a result. Its primary problems are on the regulatory front and with …
As banking stocks have gone over the last year, Bank of America Corp. (NYSE:BAC) is up 44% while Wells Fargo & Co (NYSE:WFC) has gone nowhere. WFC stock, in fact, lost 1.7%. Source: Shutterstock The reason for that is a scandal, …
Despite being one of the nation's largest banks, Wells Fargo & Co. (NYSE: WFC) enters 2018 under fire on multiple fronts, and its share price is showing some wear and tear as a result. Its primary problems are on the regulatory front and with …