WFC - HoustonNewMedia.org https://houstonnewmedia.org/tag/wfc/ Building "Bridges" Across the Bayou City! Tue, 29 Jun 2021 17:47:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 WFC - HoustonNewMedia.org https://houstonnewmedia.org/tag/wfc/ 32 32 103504436 HBJ names longtime Wells Fargo exec as lifetime achievement recipient for 2021 Most Admired CEO Awards https://houstonnewmedia.org/hbj-names-longtime-wells-fargo-exec-as-lifetime-achievement-recipient-for-2021-most-admired-ceo-awards/?utm_source=rss&utm_medium=rss&utm_campaign=hbj-names-longtime-wells-fargo-exec-as-lifetime-achievement-recipient-for-2021-most-admired-ceo-awards Tue, 29 Jun 2021 17:47:40 +0000 http://houstonnewmedia.org/?guid=dd655ca27b16bff32e69b959016445d0 The Houston Business Journal has named Darryl Montgomery, who recently retired from his role as Wells Fargo & Co.'s region bank president for Houston South, as the 2021 Most Admired CEO Lifetime Achievement Award recipient.

Montgomery began his career...

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]]> 137850 Wells Fargo sells off $10 billion private student loan business to private investors https://houstonnewmedia.org/wells-fargo-sells-off-10-billion-private-student-loan-business-to-private-investors/?utm_source=rss&utm_medium=rss&utm_campaign=wells-fargo-sells-off-10-billion-private-student-loan-business-to-private-investors Wed, 23 Dec 2020 14:09:43 +0000 http://houstonnewmedia.org/?guid=e73b89009c39b5cd1f98e76f7128c84e Wells Fargo & Co. has sold off its $10 billion private student loan portfolio as it looks to shed costs amid a directive under CEO Charlie Scharf to cut billions of dollars in expenses and retrench the lender into its core businesses. The transaction i...

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]]> 98053 Wells Fargo to raise its minimum wage. Here’s what it means for Houston workers https://houstonnewmedia.org/wells-fargo-to-raise-its-minimum-wage-heres-what-it-means-for-houston-workers/?utm_source=rss&utm_medium=rss&utm_campaign=wells-fargo-to-raise-its-minimum-wage-heres-what-it-means-for-houston-workers Fri, 06 Mar 2020 21:31:50 +0000 http://houstonnewmedia.org/?guid=3f8ac3d60c7f35227fa0c22471c629f0 Wells Fargo & Co. (NYSE: WFC) will raise its minimum wage for hourly workers to a range of $15 to $20 per hour, depending on where the job is based, the financial giant said March 4.

Employees in high-cost markets such as San Francisco and New York wi...

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]]> 23851 Wells Fargo agrees to $3B settlement for sales practice scandal https://houstonnewmedia.org/wells-fargo-agrees-to-3b-settlement-for-sales-practice-scandal/?utm_source=rss&utm_medium=rss&utm_campaign=wells-fargo-agrees-to-3b-settlement-for-sales-practice-scandal Mon, 24 Feb 2020 20:24:22 +0000 http://houstonnewmedia.org/?guid=e2f61cfdd540ea6ba619faf50c845b32 Wells Fargo & Co. (NYSE: WFC) has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and Securities and Exchange Commission.

The settlement resolves criminal and civil investigations into faulty sales practices at Wel...

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