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Stock Market & Financial Investment News

News Breaks
May 29, 2014
06:38 EDTWFCWells Fargo bid to dismiss L.A. predatory lending case denied, Reuters says
U.S. District Judge Otis Wright II denied Wells Fargo its bid to dismiss a lawsuit filed by the city of Los Angeles, which accuses the firm of predatory lending practices that singled-out minority borrowers and led to the loss of property tax revenue, according to Reuters, citing comments from a company spokesman in an email. Reference Link
News For WFC From The Last 14 Days
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July 1, 2015
10:38 EDTWFCWells Fargo July volatility flat into Q2 and outlook
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07:57 EDTWFCU.S. banks not facing significant direct losses on Greek default, WSJ says
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June 25, 2015
07:13 EDTWFCFed director says full transparency in stress testing can be 'enormous weakness'
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June 23, 2015
13:02 EDTWFCSumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link

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