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WELLS FARGO COMPENSATION
The great $100-billion tech shift: GCCs tighten grip on India’s talent marketIndia's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driv...- Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
- U.S Stock Market on Tuesday: S&P 500, Dow Jones, Nasdaq for record trading? These factors will decideU.S. Stock market investors would hope that S&P 500, Dow Jones, Nasdaq will continue record run.
- Wars, recessions, political crises, market crashes. Warren Buffett’s advice on each of themWarren Buffett made a prediction in the mid-1990s he knew would come true: Berkshire Hathaway's future returns would fall short compared to...
- Wells Fargo agrees to $56.85 million settlement — check if you qualify for a payoutWells Fargo will pay $56.85 million to settle a class-action lawsuit alleging credit score harm due to misreported COVID-19 mortgage forbea...
- Wells Fargo hit with $33 million settlement — customers may receive surprise checksWells Fargo customers who were misled into paying for "free" monthly subscriptions will receive a share of a $33 million settlement. The ba...
- Are you getting Wells Fargo’s $5,000: Who qualifies, how to claim, and when $5,000 Wells Fargo settlement comesWells Fargo is paying. $19.5 million total. The reason? Secret call recordings. Between 2014 and 2023. No consent. No notice. That broke Ca...
- Wells Fargo settlement sends checks up to $5,000 to customers — are you eligible?Wells Fargo settlement checks are on the way. California customers could get up to $5,000. The bank agreed to a $19.5 million class-action ...
- Live in California? You could score up to $5,000 from Wells Fargo, all it takes is a quick form thanks to a $19.5 million payout dealWells Fargo settlement payout could mean up to $5,000 in your pocket if you live in California. The bank has agreed to a $19.5 million sett...
- First Republic shares plunge 40% as $100 billion deposit flight jolts investorsFirst Republic Bank has registered a deposit outflow of over $100bn in the wake of the biggest crisis to affect the banking sector since 20...
- Warren says Fed must break up 'repeat offender' Wells FargoWarren's letter comes days after Wells was fined $250 million by the Office of the Comptroller of the Currency, which chastised the bank fo...
- Robots to cut 200,000 US bank jobs in next decade, study saysFront-office headcount for investment banking and trading fell for a fifth year in 2018.
- Wells Fargo CEO John Stumpf should resign, face prosecution: Senator Elizabeth WarrenStumpf is under political pressure to punish senior managers, such as calls by Warren to claw back millions of dollars in pay from Tolstedt.
- US mortgage firms may agree on $10 billion settlementThe penalties would supplant a system allowing borrowers who lost homes in 2009 and 2010 to seek compensation after foreclosure reviews.
- US regulators OK plan to police banks' pay policiesFederal regulators on Monday adopted a plan to ensure that banks' pay policies don't encourage employees to take reckless gambles like thos...
- BofA raises $19 bn in biggest US stock sale since 2000Bank of America, the largest US lender, raised $19.3 billion selling securities at $15 apiece in the biggest sale of stock or preferred sha...
- Motorola's Jha most paid CEO; Pandit top among bailed-out banksSanjay Jha is the top paid CEO, while Vikram Pandit tops the league among bailed out banks. Indra Nooyi is 36th in the list of top earners....
- Banks say they will not use bailout money for payUS banks have not used $163 bn infusion of capital, already received by the govt, to open credit lines for more lending. Competitive econom...
- US to inject 125 bn dollars into major banks this week: TreasuryNine major US banks will receive 125 billion dollars in capital injections this week from the US govt, a Treasury official said on Monday.
- Countrywide under FBI scannerFinancial, the largest US mortgage lender, is under investigation by the Federal Bureau of Investigation (FBI) for possible securities frau...
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