Wells Fargo 4Q Profit Slides, Hurt By Lower Interest Rates
SAN FRANCISCO (AP) — Wells Fargo’s net income tumbled in the fourth quarter, weighed down by hefty costs and a lower interest rate environment. The San Francisco-based bank earned $2.87 billion, or 60...
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Former Wells Fargo CEO John Stumpf Fined $17.5M For Sales Scandal
SAN FRANCISCO (AP) — Federal regulators have slapped former Wells Fargo Chief Executive John Stumpf with a $17.5 million fine for his role in the bank’s sales practices scandal. The Office of the...
View ArticleFed Temporarily Takes Shackles Off Wells Fargo, Freeing It To Help Small...
SAN FRANCISCO (CBS SF / CNN) — The Federal Reserve is temporarily letting Wells Fargo out of the penalty box, freeing the troubled bank based in San Francisco to aggressively lend to small businesses...
View ArticleWells Fargo Lost $2.4B Last Quarter, Likely To Cut Dividend For 1st Time...
SAN FRANCISCO (CBS SF / CNN) — Wells Fargo swung to its first quarterly loss since the Great Recession, forcing the struggling San Francisco-based bank to warn it will likely slash its coveted dividend...
View ArticleAntioch Police Arrest 2 Robbery Suspects After Chase
ANTIOCH (CBS SF/BCN) — Police arrested a man and a teen suspected of robbing a woman at gunpoint while she visited a bank’s ATM machine Wednesday afternoon. At about 12:20 p.m., officers responded to a...
View ArticleCOVID Reopening: Wells Fargo Looks To Reopen Offices Starting In September
SAN FRANCISCO (CBS SF) – Wells Fargo Bank told employees Tuesday that it plans to begin reopening offices starting in September. The bank, headquartered in San Francisco, has more than 200,000...
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Suspect In Targeted Killing Of Rap Artist In San Mateo Arrested In Oklahoma
BLANCHARD, Oklahoma (CBS SF) — A man suspected in the targeted shooting death of a Bay Area rap artist outside a bank in San Mateo in December was arrested in Oklahoma following what police called a...
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2nd Suspect Jailed In San Mateo Murder Of Rap Artist Cutty Banks; Believed To...
SAN MATEO (CBS SF) — A Southern California woman who wrongly believed a Bay Area rap artist was responsible for killing her boyfriend was arrested in connection to the rapper’s murder outside a San...
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