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Wells Fargo profit up, faces possible $1 billion settlement Wells Fargo’s earnings take yet another big litigation hit
Apr.13   Wells Fargo
Jan.12   Wells Fargo



     * Time by Topic * Time by Location * Location by Topic
Financial, 21st Century, Time by Topic
Time Financial Bank Politics Bad Economic News
2018
Wells Fargo profit up, faces possible $1 bill...
Wells Fargo?s earnings take yet another big l...
Wells Fargo profit up, faces possible $1 bill...
Wells Fargo?s earnings take yet another big l...
Politics
2018 2018
Politics
Wells Fargo?s earnings take yet another big l...
2017
Wells Fargo will pay $110 million to settle a...
Wells Fargo will pay $110 million to settle a...
Politics
2017 2017
Politics
Wells Fargo will pay $110 million to settle a...
2016
Wells Fargo CEO gives up some pay as Labor ...
Wells Fargo fined $185 million for unauthor...
Apple should pay up to ?13bn in back taxes
Wells Fargo CEO gives up some pay as Labor ...
Wells Fargo fined $185 million for unauthor...
Politics
2016 2016
Politics
Wells Fargo CEO gives up some pay as Labor ...
Wells Fargo fined $185 million for unauthor...
Apple should pay up to ?13bn in back taxes
2015
Tax measures in South Bay, Peninsula find mix...
Google signals new era of austerity with new ...
Bank
2015 2015
Bank
Tax measures in South Bay, Peninsula find mix...
Bad Economic News
2015 2015
Bad Economic News
2014
EBay, PayPal to become separate companies
Bank
2014 2014
Bank
Politics
2014 2014
Politics
Bad Economic News
2014 2014
Bad Economic News
2013
BART board approves new $1.5 billion budget
Apple 'among US's big tax avoiders'
Apple taps markets for record $17bn
Wells Fargo posts record earnings
Apple 'among US's big tax avoiders'
Bad Economic News
2013 2013
Bad Economic News
2012
Apple reveals plans to spend cash
Bank
2012 2012
Bank
Politics
2012 2012
Politics
Bad Economic News
2012 2012
Bad Economic News
2011
95 Occupy protesters arrested
Protesters crowd around Wells Fargo
Protest blocks Wells Fargo HQ entrance
Wells Fargo's income rises 51%
95 Occupy protesters arrested
Protesters crowd around Wells Fargo
Protest blocks Wells Fargo HQ entrance
Wells Fargo's income rises 51%
95 Occupy protesters arrested
Protesters crowd around Wells Fargo
Protest blocks Wells Fargo HQ entrance
Bad Economic News
2011 2011
Bad Economic News
2010
Wells Fargo reports record profit
2 banks closed in Bay Area
Wells Fargo reports record profit
2 banks closed in Bay Area
Politics
2010 2010
Politics
2 banks closed in Bay Area
2009
Wells Fargo repay TARP
Troubled Bay Area banks begin to topple
Twitter awaits $100 million capital infusion
Chairman Kovacevich to step down
Wells said to need $15 billion
Record 1Q Profit For Wells
Wells has more branches than any bank
Wells Fargo repay TARP
Chairman Kovacevich to step down
Bank of the West heads east
Wells said to need $15 billion
Wells has more branches than any bank
City Faces $60M Budget Shortfall
Troubled Bay Area banks begin to topple
Wells said to need $15 billion
State sues Wells for $1.5 billion
2008
Feds approve merger with Wachovia
Wells gets green light for Wachovia
Wells Fargo To Buy Wachovia
Bank Under Siege By Facing Foreclosure
Visa Soars In Largest-Ever IPO
Visa readies record $18.8 billion IPO
City Budget Woes May Force Bankruptcy
Bank Under Siege By Facing Foreclosure
Bank Facing Questions Over Lending
City Budget Woes May Force Bankruptcy
County defaults rose 194.2% to 3,751
2007
Longtime CEO Kovacevich Steps Down
Bank
2007 2007
Bank
Politics
2007 2007
Politics
Bad Economic News
2007 2007
Bad Economic News
2004
Software glitch disrupts PayPal service
Bay Area Might Be Stuck with Bridge Bill
Charles Schwab recalled as CEO
Bank
2004 2004
Bank
Politics
2004 2004
Politics
Software glitch disrupts PayPal service
Bay Area Might Be Stuck with Bridge Bill
2003
Customer Data Stolen at Wells Fargo
Highest quarterly profit since 2000
Customer Data Stolen at Wells Fargo
Politics
2003 2003
Politics
Customer Data Stolen at Wells Fargo
2000
Wells Fargo posts record profits
DeBartolo gave interest in 49ers to sister
Bank
2000 2000
Bank
Politics
2000 2000
Politics
Bad Economic News
2000 2000
Bad Economic News

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Wells Fargo profit up, faces possible $1 billion settlement  Profit jumped 6 percent during the first quarter, but that may be revised following an offer by federal regulators to settle a host of investigations Fed imposes new penalties on Wells Fargo Wells Fargo’s earnings take yet another big litigation hit  The $3.25 billion hit to earnings comes after the bank took a $1 billion charge toward a potential settlement over precrisis mortgage sales Visa 4Q profits rise 11 percent, beating forecasts Wells Fargo third-quarter results fell short Wells Fargo will pay $110 million to settle a class-action lawsuit   Wells Fargo CEO gives up some pay as Labor Dept. starts probe  John Stumpf will forfeit $41 million of stock, plus some salary, as the bank’s board investigates the company’s bogus-account scandal Wells Fargo fined $185 million for unauthorized account openings


April 2018 ... more > Top ^
Apr.13   Wells Fargo


February 2018 ... more > Top ^
Feb.2   Wells Fargo


January 2018 ... more > Top ^
Jan.12   Wells Fargo


year 2017 Top ^



October 2017 ... more > Top ^
Oct.25   San Francisco
Oct.14   Wells Fargo


July 2017 ... more > Top ^
Jul.20  San Francisco  Visa's third-quarter profit beats expectations
Jul.16  Wells Fargo  WF $5.8 billion profit tops forecasts, but revenue falls shy


March 2017 ... more > Top ^
Mar.28   Wells Fargo


year 2016 Top ^

Oct.24  San Francisco  Visa 4Q results rise 28 percent, helped by Visa Europe
Sep.27   Wells Fargo
Sep.8   Wells Fargo
  WF has agreed to pay to customers, federal,and local agencies after employees opened accounts, moved money without customers' consent
Aug.30   Apple
  There has been widespread criticism in the US of the European Commission's ruling that Apple should pay up to €13bn (£11bn) in back taxes
Jun.9  Bay Area  Every school bond and parcel tax on ballot passed May.9   San Francisco Lending Club ousts CEO, stock plunges 35 percent  Renaud Laplanche abruptly resigned after a review found the firm sold an investor $22 million in loans that did not meet the investor’s crit... Jan.28  San Francisco  Visa beats Street 1Q forecasts, but dollar remains a drag

year 2015 Top ^

Nov.3   Los Altos Tax measures in South Bay, Peninsula find mixed success Oct.14  Wells Fargo  Wells Fargo's earnings edge up 1 percent to $5.4 billion Jul.23  San Francisco  Visa 3Q earnings jump 25 percent, beat estimates Jul.16   Google Google signals new era of austerity with new CFO

year 2014 Top ^

Sep.30   eBay EBay, PayPal to become separate companies
  Icahn was right: eBay said it will spin off its PayPal electronic-payments division into a separate public company
 Donahoe and EBay CFO Bob Swan will leave their roles although they will oversee the split. Devin Wenig, president of eBay Marketplaces, will become eBay CEO, while Dan Schulman, an American Express executive, will now become PayPal president


year 2013 Top ^

Jun.14  BART  BART board approves new $1.5 billion budget May.20   Apple Apple 'among US's big tax avoiders'  Apple has been accused of being 'among America's largest tax avoiders' by a Senate committee Apr.30  Apple  Apple taps markets for record $17bn Jan.11  Wells Fargo  Wells Fargo posts record earnings

year 2012 Top ^

Oct.24  San Francisco  Charles Scharf is new Visa CEO May.23  Facebook  Facebook and banks face lawsuit Apr.24  SF Downtown  20 arrested protesting Wells Fargo meeting in SF Mar.19   Apple Apple reveals plans to spend cash Jan.17  Wells Fargo  Wells Fargo: 4Q profit up 20%

year 2011 Top ^

Nov.16   SF Downtown   95 Occupy protesters arrested   Protesters stormed into a Bank of America branch and shouted slogans as they tried to set up camp in the lobby Nov.5   Oakland Downtown Protesters crowd around Wells Fargo
Oct.12   SF Downtown   Protest blocks Wells Fargo HQ entrance   Nearly 200 activists are blocking the front door in a protest that slowed downtown traffic and forced workers to use a side entrance Jul.19  Wells Fargo  Wells Fargo 2Q profit leaps 30% Apr.20   Wells Fargo Wells Fargo's income rises 51% Apr.13  SF City Hall  S.F. municipal bond rating downgraded Apr.8  Wells Fargo  Wells eliminates 1,900 mortgage jobs Mar.21   Schwab Schwab buys OptionsXpress for $1B Mar.1  San Francisco  Williams named CEO of SF Fed. Reserve

year 2010 Top ^

Nov.27  Oakland City Hall  Oakland ID would double as debit card Oct.21   Wells Fargo Wells Fargo reports record profit
Aug.11  Wells Fargo  Wells Fargo loses debit card suit Jul.21  Wells Fargo  Wells 2Q Profit Rises; Bad Loans Ease Jul.8  Wells Fargo  Wells Fargo to cut consumer unit, jobs Apr.28  San Francisco  SF Fed Bank chief may get No. 2 US spot Apr.26  San Francisco  Stifel to buy Thomas Weisel for $300 M Apr.21  Wells Fargo  Wells Fargo earns $2.4B, credit improving Apr.20  San Mateo  County lost $155 million due to Lehman Apr.16   San Rafael 2 banks closed in Bay Area  The FDIC seized Innovative Bank, based in Oakland, with about $269 million in assets; and Tamalpais Bank of San Rafael, with $629 million Apr.5  SF City Hall  Taxes sought from banks' takeovers Apr.3  SF City Hall  SF To Face Soaring Deficits Mar.27  Oakland City Hall  Tax Measures To Reduce Deficit Jan.20   Wells Fargo Unexpected 4Q profit for Wells

year 2009 Top ^

Dec.23   Wells Fargo Wells Fargo repay TARP
Dec.15  Wells Fargo  Wells Fargo to repay TARP money Dec.1  Wells Fargo  Wells to close or rename Wachovia outlets Nov.18  Wells Fargo  Wells to repay $1.4B to investors Nov.17  San Francisco  Venture firm Maveron opens SF office Nov.13   San Francisco Troubled Bay Area banks begin to topple  The Federal Deposit Insurance Corp. has seized two SF banks in recent weeks and federal regulators have 4 other Bay Area banks under scrutiny Nov.10  San Francisco  SEC: firm pays for not supervising broker Oct.30  San Francisco  Fed Regulators Close Pacific National Bank Oct.27  SF Downtown  Schwab office opens in style Sep.25   Twitter Twitter awaits $100 million capital infusion Sep.22   Wells Fargo Chairman Kovacevich to step down Jul.22  Wells Fargo  Wells Posts 2Q Profit, Surpasses Forecast Jul.5  San Francisco  Andreessen becomes venture capitalist Jul.1   San Francisco Bank of the West heads east Jun.11  Yahoo  New CFO Likely To Shake Things Up May.10   San Francisco BofA shedding First Republic Bank May.6   Wells Fargo Wells said to need $15 billion  Wells Fargo, the 4th-largest U.S. bank by assets, requires about $15 billion in new capital as a result of regulators' stress test on the le... May.4  Wells Fargo  Wells asked to raise money Apr.30  Bay Area  3 Area men charged with insider trading Apr.27  Wells Fargo  Industry analysts downgrade bank rating Apr.23   Wells Fargo State sues Wells for $1.5 billion Apr.9   Wells Fargo Record 1Q Profit For Wells  Wells Fargo expects record first-quarter earnings of $3 billion, easily surpassing analysts' estimates Apr.7  Bay Area  Average wage in the Bay Area: $67,548 Mar.14  Stanford  Rubin, Rice talk of financial crisis Mar.10  SF Downtown  Schwab to move headquarters Mar.5  Wells Fargo  Wells shares fall on possible downgrade Feb.8   San Jose City Hall City Faces $60M Budget Shortfall Feb.3  Wells Fargo  Wells Fargo cancels Vegas junket Feb.2  Wells Fargo  $371.5 million Dividend To U.S. Treasury Jan.28  Wells Fargo  Wells lost $2.83 billion in 4th quarter Jan.16  Schwab  Charles Schwab Sees Steady 4Q Profit  SF Downtown  Protesters call banks to help consumers Jan.11   Wells Fargo Wells has more branches than any bank
  Wells Fargo & Co., which began in 1852 as a 'Express and Banking House' serving gold miners, now controls more branches than any U.S. bank

year 2008 Top ^

Nov.20  SF Downtown  WAMU to eliminate 1,600 jobs in Bay Area Nov.12  Bay Area  Homeowners owe more than home's worth Nov.10  San Francisco  ABA Chief Defends Banks Oct.13   Wells Fargo Feds approve merger with Wachovia
Oct.9   Wells Fargo Wells gets green light for Wachovia Oct.3   Wells Fargo Wells Fargo To Buy Wachovia
  Wachovia agreed to be acquired in a $15.1 billion all-stock deal. Citigroup demands that Wachovia abide by the terms of its earlier deal.    The Citigroup deal would have been done with the help of ...
Sep.3   San Francisco Bank Under Siege By Facing Foreclosure  SF Wachovia branch was under siege by people on the verge of losing homes, accusing of giving mortgages that the bank knew they couldn't aff... Jul.30  San Francisco  Visa Profits Jump 41% Jul.22  SF City Hall  $6.4 Billion City Budget Adopted   San Jose County defaults rose 194.2% to 3,751 Jul.19  East Bay  East Bay lost greatest number of jobs Jul.16  Wells Fargo  Wells Fargo Boosts Payout May.29   Oakland Bank Facing Questions Over Lending Apr.29  San Francisco  Visa profit jumps 28% on rising volumes Apr.15   Schwab Schwab's Best 1Q Ever Mar.19   San Francisco Visa Soars In Largest-Ever IPO
  Visa Inc. shares soared more than 30% to $58 from their IPO price of $44 in their stock market debut.    The company makes its money from processing fees. Visa touted itself as a safe have...
Feb.25   San Francisco Visa readies record $18.8 billion IPO  The world's largest electronic payment processing company, filed paperwork for what may be the richest-ever IPO, hoping to raise $18 Feb.21  Vallejo  Residents Pack Meeting On City's Finances Feb.19   Vallejo City Budget Woes May Force Bankruptcy
  City Council met in closed session with the city's employees' organizations to try to find a solution to the city's budget crisis Jan.16  Oakland City Hall  Bill Clinton calls for foreclosure aid in city Jan.15  San Jose  Governor Talks Budget To Silicon Valley

year 2007 Top ^

Dec.16  San Francisco  1/5 of foreclosures investor-owned Sep.19  Contra Costa County  County has most foreclosure Jun.27   Wells Fargo Longtime CEO Kovacevich Steps Down  Chairman Richard Kovacevich has turned over the reins to his top lieutenant, John Stumpf Apr.25  Oakland  Oakland ranks 22nd in foreclosures Jan.30  SF Downtown  Merrill Lynch buying First Republic

year 2004 Top ^

Oct.11   eBay Software glitch disrupts PayPal service Aug.16   Bay Bridge Bay Area Might Be Stuck with Bridge Bill
  The state blames the upscale signature design for more than half of the cost overrun Aug.4   SF Downtown BofA Building 'Scoped Out' by Al Qaeda Jul.20   Schwab Charles Schwab recalled as CEO  Discount broker dumped CEO David Pottruck and replaced him with founder. Schwab reported a 10% drop in profit

year 2003 Top ^

Nov.21  Concord  Customer Data Stolen at Wells Fargo Jul.23  Schwab  Highest quarterly profit since 2000

year 2000 Top ^

Apr.18  Wells Fargo  Wells Fargo posts record profits Mar.20   San Francisco DeBartolo gave interest in 49ers to sister
Jan.14  Schwab  Schwab Buying U.S. Trust Corp.