16 stories tagged #Wells Fargo

  1. Wells Fargo Cuts S&P 500 Forecast Due to Iran Conflict
    finance

    Wells Fargo Cuts S&P 500 Forecast Due to Iran Conflict

    Wells Fargo reduces its S&P 500 target for 2026 from 7,800 to 7,300, citing the growing impact of the US-Iran war.

    2mo ago 1 min read
  2. Former Morgan Stanley Advisor Convicted in NBA Player Fraud
    finance

    Former Morgan Stanley Advisor Convicted in NBA Player Fraud

    Daryl Cohen, ex-Morgan Stanley and Wells Fargo advisor, sentenced for defrauding three NBA players of $5M through fake insurance schemes and illicit fund transfers.

    2mo ago 1 min read
  3. Circle Stock Soars Amid Stablecoin Growth, Defying Market Downturns
    finance

    Circle Stock Soars Amid Stablecoin Growth, Defying Market Downturns

    Circle's stock surges as stablecoin adoption expands into traditional finance, with major players like Aon exploring new use cases. Bitcoin miner Canaan increases reserves.

    2mo ago 1 min read
  4. Wells Fargo Fraudster Accused of Draining $34K from Customers
    finance

    Wells Fargo Fraudster Accused of Draining $34K from Customers

    A 24-year-old woman is charged in a sophisticated scheme involving impersonation and debit card theft targeting Wells Fargo clients.

    3mo ago 1 min read
  5. Wells Fargo Reverses $4,400 Fraudulent Withdrawal After Customer's Media Appeal
    finance

    Wells Fargo Reverses $4,400 Fraudulent Withdrawal After Customer's Media Appeal

    A Wells Fargo customer's fight for reimbursement of $4,400 in unauthorized withdrawals ended successfully after media intervention, highlighting potential banking fraud issues.

    3mo ago 1 min read
  6. Wells Fargo Settles $56.85 Million Lawsuit Over Pandemic Mortgage Reporting
    finance

    Wells Fargo Settles $56.85 Million Lawsuit Over Pandemic Mortgage Reporting

    Wells Fargo agrees to a $56.85 million settlement in a class-action lawsuit alleging improper reporting of mortgage forbearances during the COVID-19 pandemic.

    3mo ago 1 min read
  7. Wells Fargo: Fed Rate Cuts Postponed Until June Amid Economic Signals
    finance

    Wells Fargo: Fed Rate Cuts Postponed Until June Amid Economic Signals

    Economists at Wells Fargo predict the Federal Reserve will delay interest rate cuts until June, citing recent labor data and moderating inflation trends.

    3mo ago 1 min read
  8. Wells Fargo Predicts $150 Billion 'YOLO' Trade Fueled by Tax Refunds
    finance

    Wells Fargo Predicts $150 Billion 'YOLO' Trade Fueled by Tax Refunds

    Wells Fargo analyst Ohsung Kwon forecasts significant capital inflow into equities and Bitcoin due to upcoming tax refunds, particularly benefiting higher-income consumers.

    3mo ago 1 min read