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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.
After Wells Fargo was mired in a 2013 scandal over employees who opened millions of fake banking accounts, the bank created a new centralized unit to review customer complaints and employees ...
Wells Fargo Rail is the new name for the historic First Union Rail Corporation, along with the combined business of the former GE Capital Rail Services, which Wells Fargo purchased from GE in September 2015. [1] The new company/name took effect January 1, 2016, and is based in Rosemont, Illinois, USA. Wells Fargo Rail is the largest railcar and ...
Overall, San Francisco-based Wells Fargo ― until recently, Des Moines metro's largest employer ― shed 11,300 jobs in 2023, or 4.7% of its workforce, according to YahooFinance. That year began ...
The Consumer Services Office is the main point of contact for Californians filing a complaint with the department or requesting additional information about licensees. Offering a live-person call center, the team logs thousands of calls a year and works with licensees to help consumers settle disputes and resolve issues.
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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 ...
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