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In December 2015, the company acquired FNC, Inc., another provider of real estate appraisal services, for $475 million. [27] In January 2016, CoreLogic announced it was paying $65M to acquire total ownership of RELS, LLC, a provider of property valuation and appraisal services it owned in partnership with Wells Fargo. [27]
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Wells Fargo has international offices in London, Dublin, Paris, Dubai, Singapore, Tokyo, Shanghai, Beijing, and Toronto, among others. [19] Back-offices are in India and the Philippines with more than 20,000 staff. [20] Notably, Wells Fargo is the first major national U.S. bank to undergo a successful unionization drive. [21]
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The most recent round of cuts brings to 302 the publicly announced number of workers cut since April 2023 from Wells Fargo’s Des Moines metro employment rolls — and 1,418 workers cut since ...
Wells Fargo's share price fell 10.2% over two days in June 2022, wiping out more than $17 billion of market value, after the New York Times reported the Justice Department probe.
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