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Home builders a touch less confident in the new year

WASHINGTON, Jan. 16 (UPI) -- A U.S. builders' confidence index slipped one point to 56 in December, the National Association of Home Builders said Thursday.

Bank robbery fails due to suspect's poor penmanship

ANTIOCH, Calif., Jan. 9 (UPI) -- Police in California said an alleged would-be bank robber fled empty handed when a teller was unable to read the handwriting on his robbery note.

FHFA settlements for 2013 reached $7.9 billion

WASHINGTON, Jan. 2 (UPI) -- The U.S. Federal Housing Finance Agency said Thursday it had collected $7.9 billion in settlements from financial firms in 2013.

Builder confidence rises after a stall

WASHINGTON, Dec. 17 (UPI) -- A U.S. builders' confidence index gained four points to 58 in December, a welcome improvement, the National Association of Home Builders said Tuesday.

Honest student praised for turning in found $2,800

MOORHEAD, Minn., Dec. 12 (UPI) -- Police in Minnesota thanked a college student for her "commendable character and honesty" for turning in $2,800 she found in a McDonald's parking lot.

Wells Fargo working on damage control for late payments

ORLANDO, Fla., Dec. 11 (UPI) -- Wells Fargo said it was working to solve problems that may have resulted from a malfunction in its automatic bill paying system in Central Florida.

Diet soda sales: Flat would be better

NEW YORK, Dec. 9 (UPI) -- A decline in diet soda sales have outpaced the drop in regular soda sales in the United States for the third consecutive year, a Wells Fargo study says.

Bank robbery suspect arrested while waiting at bus stop

ORLANDO, Fla., Nov. 27 (UPI) -- Authorities in Florida said an accused bank robber was arrested while waiting at a bus stop near the financial institution that was robbed.
Builder confidence remains flat in November

Builder confidence remains flat in November

WASHINGTON, Nov. 18 (UPI) -- A U.S. builders' confidence index is virtually flat in November after a slight dip in October, the National Association of Home Builders said Monday.
Kohl's profits plunge, forecasting holiday sales spike

Kohl's profits plunge, forecasting holiday sales spike

Nov. 14 (UPI) -- Kohl's profits drop 18 percent, and the retailer plans to drop prices to draw in customers for the holidays.
Sonali Basak

Breaking the banks

WASHINGTON, Nov. 4 (UPI) -- As bankers and politicians argued again whether or not to split RBS (Royal Bank of Scotland) into a good and a bad bank, a key issue has made few headlines. What governments have given banks with one hand they have taken away with the other.
MARTIN WALKER, UPI Editor Emeritus

Mask-wearing men hold up armored car in Philadelphia

PHILADELPHIA, Nov. 1 (UPI) -- Armed robbers wearing Scream masks and carrying semiautomatic weapons carried out a Halloween heist on an armored truck Thursday in Philadelphia, the FBI said.

Drake postpones concert after it was supposed to start

PHILADELPHIA, Oct. 20 (UPI) -- Canadian rapper Drake postponed a concert at the Wells Fargo Center in Philadelphia nearly an hour after the show was supposed to start.

Builder confidence index losses steam

WASHINGTON, Oct. 16 (UPI) -- A U.S. home builders confidence index fell in October after a prolonged climb, the National Association of Home Builders said Wednesday.
New York sues Wells Fargo on continuing mortgage complaints

New York sues Wells Fargo on continuing mortgage complaints

ALBANY, N.Y., Oct. 2 (UPI) -- New York's top prosecutor said Wednesday he would file suit against Wells Fargo for failing to live up to a 2012 agreement meant to resolve foreclosure abuses.
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Wells Fargo
Mary Coffin, executive vice president of Wells Fargo Home Mortgage, testifies before the House Financial Services Committee about housing foreclosures on Capitol Hill in Washington, on September 17, 2008. (UPI Photo/Roger L. Wollenberg)
Wiki

Wells Fargo & Co. (NYSE: WFC) is a diversified financial services company with operations around the world. Wells Fargo is the fourth largest bank in the US by assets and the second largest bank by market cap. Wells Fargo is the second largest bank in deposits, home mortgage servicing, and debit card. It is the only bank in the United States to be rated AAA by S&P.

Headquartered in San Francisco, California (its bank, Wells Fargo Bank, N.A., is legally chartered in Sioux Falls, South Dakota), Wells Fargo is a result of a merger between California-based Wells Fargo & Co. and Minneapolis-based Norwest Corporation in 1998. The new company chose to keep the name Wells Fargo, to capitalize on the 150-year history of the nationally-recognized Wells Fargo name and its trademark stagecoach. After the merger, the company maintained its headquarters in San Francisco and charter in Sioux Falls.

As of 2009, Wells Fargo has 6,650 retail branches (called stores by Wells Fargo), 12,260 Automated Teller Machines, 276,000 employees and over 48 million customers. Wells Fargo currently operates stores and ATMs under the Wells Fargo and Wachovia names. Wells Fargo was named as "The World's Safest US Bank" based on long-term foreign currency ratings from Fitch Ratings and Standard & Poor's and the long-term bank deposit ratings from Moody’s Investors Service for the year 2007.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Wells Fargo."
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