SILVER SPRING, Md. (AP) — Wells Fargo had its best quarter in a year and a half, posting a profit of $4.74 billion and freeing up more than a billion dollars that had been set aside for potential loan defaults at the beginning of the coronavirus pandemi
Wells Fargo has pushed back plans for employees to return to corporate offices by a month in response to the rise in U.S. coronavirus cases. The bank is now aiming to kick off the first phase of its plan on Oct. 4, from a previous Sept. 7 target, according to a memo Thursday from...
One of the largest banks in the United States announced that it is no longer accepting applications for a federal program aimed at rescuing small businesses affected by the coronavirus pandemic. Wells Fargo has stopped accepting new applications for the government’s Paycheck Protection Program, an ...