Wells Fargo

Masters champion Tiger Woods to skip Wells Fargo Championship

Tournament director Gary Sobba confirmed the absence of the 15-times major champion.

Apr 27, 2019, 16:04 PM IST

Tough greens take toll as Anirban Lahiri misses cut at Wells Fargo, Tiger Woods makes it

The firm and tough greens took a toll on Anirban Lahiri as the Indian missed the cut at the Wells Fargo Championship after shooting 76-74 in the first two rounds, even as the legendary Tiger Woods managed to make it.

May 05, 2018, 18:15 PM IST

Anirban Lahiri disappoints; modest start for Tiger Woods at Wells Fargo

 Anirban Lahiri had a disastrous finish as he dropped four shots in closing three holes to end at 5-over 76 on the opening day of Wells Fargo golf tournament.

May 04, 2018, 17:31 PM IST

U.S. mall investors set to face huge losses as retail gloom deepens

The dramatic shift to online shopping that has crushed U.S. department stores in recent years now threatens the investors who a decade ago funded the vast expanse of brick and mortar emporiums that many Americans no longer visit.

Oct 21, 2016, 16:24 PM IST

Wells Fargo CEO John Stumpf quits, replaced by Tim Sloan

Wells Fargo & Co`s veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank`s reputation and put Wall Street under renewed scrutiny.

Oct 13, 2016, 07:33 AM IST

Financial shares mint fifth day of gains; indexes close flat

Wall Street was little changed on Thursday after two days of solid gains as investors digested the latest round of big bank earnings and financial shares kept bouncing back.

Apr 15, 2016, 02:09 AM IST

Wells Fargo profits dip as it reserves for oil loans

Wells Fargo reported a dip in first-quarter profits Thursday as the drag of lower interest rates and the energy rout offset the benefit of higher overall lending.

Apr 14, 2016, 18:56 PM IST

Yes Bank inks pacts worth $265 mn with US companies for SME lending

Private sector lender Yes Bank today said it has signed loan agreements worth USD 265 million with OPIC and Wells Fargo to support small business growth in India.

Dec 01, 2015, 15:10 PM IST

Banks did not do enough to police FIFA transactions, says global agency

A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer’s global governing body FIFA, and cautioned banks to step up scrutiny.

Jun 22, 2015, 09:58 AM IST

Buffett's Berkshire adds to favourites IBM, Wells Fargo

Berkshire also boosted its share stake in U.S. Bancorp , another large holding, while other portfolio managers adjusted their stakes in several companies.

May 16, 2015, 03:40 AM IST

GE in talks to sell lending unit for $74 bn: Report

General Electric, refocusing on its industrial roots, is in talks to sell its USD 74 billion commercial lending unit to Wells Fargo, the fourth-largest US bank, The Wall Street Journal reported on Monday.

Apr 21, 2015, 03:46 AM IST

Wells Fargo profits rise despite revenue drop

US banking giant Wells Fargo Tuesday reported a 10.5 percent rise in earnings as improving credit quality and growth in overall loans offset lower mortgage revenues.

Jan 14, 2014, 20:23 PM IST

Wells Fargo deposes China's ICBC as world's biggest bank

Wells Fargo & Co. of the United States is now worth USD 236 billion, according to the New York Stock Exchange, where it is listed, while Chinese figures show ICBC's value has fallen to around USD 223 billion.

Jul 24, 2013, 17:44 PM IST

Wells Fargo extends services pact with Genpact to Dec 2017

BPO major Genpact Monday said its master services agreement (MSA) with financial services major Wells Fargo has been extended through December 2017.

Jul 23, 2012, 21:00 PM IST

4th largest US bank Wells Fargo to move jobs to India soon

Even though the US is in the election mode and is under the anti-outsourcing Obama administration, the fourth largest lender there by assets, Wells Fargo has decided to move an unspecified number of jobs to India, as part of its plan to trim cost.

Jun 24, 2012, 16:05 PM IST

HDFC Bank ties up with Wells Fargo to offer remittances frm US

The country's second largest private sector lender, HDFC Bank, Monday inked an agreement with Wells Fargo, the largest US bank by market value, to offer remittance services between the two countries.

Apr 23, 2012, 18:10 PM IST

Citigroup, Wells Fargo repay govt bailout funds

The last two major national banks are returning USD 45 billion in aid to taxpayers, marking the latest step toward recovery for the US financial system.

Dec 15, 2009, 16:51 PM IST

Wells Fargo to repay $1.3 bn in auction-rate pact

Wells Fargo Investments LLC has agreed to repay about $1.3 billion to clients whose funds were frozen in the auction-rate securities market in the latest of a series of settlements with state securities regulators.

Nov 19, 2009, 12:58 PM IST

Wells Fargo Q2 profits skyrocket 81 pc to $3.17 bn

Financial services entity Wells Fargo posted 81 per cent surge in profits to USD 3.17 billion for the three months ended June 30, even as credit losses continued to climb during the quarter.

Jul 22, 2009, 23:02 PM IST