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Wells Fargo

Suspicious Envelopes Containing White Powder Close 3 Wells Fargo Branches

Reuters | Posted 04.30.2012 | New York

April 30 (Reuters) - Wells Fargo & Co has closed three bank branches in New York City after they received suspicious envelopes containing white powder...

99% Spring Has Sprung: Shareholder Actions Underway Across the County

Mary Bottari | Posted 06.30.2012 | Business
Mary Bottari

The goal: to wrest control of our democracy back from the robber barons and CEOs that systematically block any effort to create an economy and a body politic that serves the needs of the vast majority of Americans and not the elite few.

Man Misses Mother's Funeral After Big Bank Denies Access To Safe Deposit Box

The Huffington Post | Harry Bradford | Posted 04.30.2012 | Business

Because his bank wouldn’t grant him access to his own safe deposit box, a New Jersey man alleges he was unable to see his dying mother for a last ti...

Activists Target BofA Shareholder Meeting

Reuters | Posted 06.30.2012 | Business

* 99% Power groups says Wells Fargo excluded shareholders * Group wants to meet with CEO before May 9 meeting * Activist...

Bank Shareholder On CEO Pay: 'You Should Be Ashamed'

Reuters | Posted 06.27.2012 | Business

* 31.6 pct vote against Credit Suisse pay plan * 26.9 pct vote against Barclays executive pay * Investors angry at payou...

Occupy Miami 'Moves In' At Wells Fargo Branch

Posted 05.09.2012 | Miami

Members of Occupy Miami moved into the lobby of a Coral Gables Wells Fargo bank on Wednesday -- a bank they allege to be a one of the “foreclosure k...

Clergy To Wells Fargo: Time For Deep Soul Searching

Ryan J. Bell | Posted 06.26.2012 | Religion
Ryan J. Bell

It is high time that Wells Fargo CEO John Stumpf address our communities and put his "hand in the wounds" of our families. It's time for him to see and feel the mental and financial toll experienced by the millions of homeowners.

Wells Fargo Isn't Just Foreclosing on People, but Institutions

Angela Samuels | Posted 06.24.2012 | Miami
Angela Samuels

While people have fancy conversations about vacant homes, foreclosures and mortgage processing, stop picturing the homes that are vacant and start imagining the community institutions that have been foreclosed on.

Ben Hallman

In Widely Published Photo, A House That Illustrates The Foreclosure Crisis | Ben Hallman | Posted 04.24.2012 | Business

ISLIP, N.Y. -- Photographer Spencer Platt spotted the small white house with boarded-up windows and doors a couple months ago, when he was out here on...

PHOTOS: Dozens Arrested At Rowdy Wells Fargo Protest

AP | By TERRY COLLINS | Posted 06.24.2012 | San Francisco

SAN FRANCISCO -- Hundreds of Occupy Wall Street demonstrators from across the country descended on San Francisco Tuesday in an attempt to crash bankin...

Jason Cherkis

Ninety-Nine Percent Power: Activists Ready To Launch Dozens of Shareholder Demonstrations | Jason Cherkis | Posted 04.23.2012 | Politics

WASHINGTON -- Last fall, the Occupy Wall Street movement ignited a national conversation on income inequality, corporate ties to conservative legislat...

What's Wrong With Banks and Why They Need a 'Wall Street Steve Jobs'

Larry Magid | Posted 06.20.2012 | Books
Larry Magid

In Bankrupt: Why Banking Is Broken and How It Can Be Transformed, Carol Realini paints a picture of a banking industry that is out of touch with its customers.

Stories From the Frontline: Don't Drink the Yellow Kool-Aid

D. Sidney Potter | Posted 06.19.2012 | Business
D. Sidney Potter

The banks' almost near-inability to properly staff qualified personnel was a part of the comedy of errors. As an example, some of it was lost in translation -- literally.

If Corporations Are Persons, Then They Should Be Better People on Tax Day

Jose Suarez | Posted 06.17.2012 | Miami
Jose Suarez

If Carnival were a person, there would be a word to describe its behavior: bratty. You know, the way none of us would want to see our kids act.

Report: Wells Fargo Extends Loans With Extremely High Interest Rates

The Huffington Post | Bonnie Kavoussi | Posted 04.17.2012 | Business

Big banks are participating in a practice commonly associated with the use of big signs to lure vulnerable Americans. Wells Fargo, the country's b...

Stories From the Frontline: Why Is Mortgage Aid, Hater-Aid?

D. Sidney Potter | Posted 06.16.2012 | Business
D. Sidney Potter

Why is the banking industry -- for the most part, since I personally detest over generalizations, resistant to essentially doing the right thing and/or at least doing it in a timely matter?

Wells Fargo's Profits Rise As It Set Aside Less Money For Bad Loans

Reuters | Posted 06.13.2012 | Business

* Wells Fargo reports higher Q1 profit * Q1 EPS 75 vs. 67 cents a year earlier * Results helped by mortgage results ...

Janell Ross

Feds Launch Probe Of Wells Fargo Housing Practices | Janell Ross | Posted 04.12.2012 | Business

Wells Fargo & Co., the nation's largest mortgage lender, is facing the second of at least two federal probes into how it treats minority borrowers and...

Stories From the Frontline: Robo Signers vs. The Silent Enemy

D. Sidney Potter | Posted 06.10.2012 | Business
D. Sidney Potter

As a former 1 percent member who got his backside kicked in the real estate "boom and bust" over the last decade, I'm officially a 99 percent member (misery loves company) -- and it's with unique privilege that I can report stories from the frontline.

Major Lender Accused Of Discrimination

AP | DEREK KRAVITZ | Posted 06.10.2012 | Business

WASHINGTON — A group of U.S. nonprofit housing advocates has filed a discrimination complaint against Wells Fargo, accusing the nation's largest...

Bank Charges Customer $1,500 Behind His Back

The Huffington Post | Catherine New | Posted 04.09.2012 | Money

Stu Straus of West Orange, N.J., is the latest person to fall victim to a zombie bank account. According to the Star-Ledger, Straus was charged $1,...

Ben Hallman

New Orleans Homeowner Wins The Foreclosure Lottery | Ben Hallman | Posted 04.09.2012 | Business

A federal judge who has fiercely criticized how big banks service home loans is fed up with Wells Fargo. In a scathing opinion issued last week, E...

What Would King Have Said About Foreclosures, Trayvon?

Alex Emslie | Posted 06.06.2012 | Politics
Alex Emslie

San Franciscans gathered at City Hall April 5 to commemorate the assassination of Martin Luther King Jr. and express outrage at the slaying of Trayvon Martin, local homicides claiming the lives of three young men this week, and "economic violence" resulting in foreclosures and poverty.

Homeowners Stuck With High Rates Even After Refinancing Program

Posted 04.06.2012 | Business

By Cora Currier ProPublica Some homeowners are getting stuck with relatively high interest rates even after they participate in the government's p...

Ben Hallman

'I Don't Trust A Word They Say' | Ben Hallman | Posted 05.10.2012 | Business

Bob Hale nearly lost his Concord, Mass., home to foreclosure in 2010 as a result of what he claims were bank errors. That would make him a prime ca...