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"I document that geographic areas with larger exposures to the Wells Fargo scandal increased the probability of consumers choosing fintech for their mortgage ... The scandal had a minimal effect on ...
The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.
SAN FRANCISCO, July 24, 2024--Wells Fargo today shared the latest community impact of the company’s Open for Business Fund, a roughly $420 million national small business recovery effort to help ...
Wells’ partnership with Bilt was launched in 2022 as part of the bank’s plans to build out its co-branded credit-card ...
Finance Wells Fargo initiates mass account closures: These are the affected individuals If your Wells Fargo account has been sitting idle, you could be in for a surprise—find out what to do ...
Wells Fargo Shares Economic Impact from Open for Business Fund More than 336,000 small businesses benefited, enabling more than 461,000 jobs in local communities across the U.S.
“The economy is not out of the woods yet,” Wells Fargo wrote, cautioning that the sharp trade-related drag that caused first-quarter GDP to contract “is just getting started.” ...
PayPal derives the vast majority of sales from consumer transactions and 40% of revenue and gross payment volume comes from international markets, according to Wells Fargo analysts.
Wells Fargo Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its commercial real estate office loan portfolio.
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