Wells Fargo's Scandals Finally Hurt Its Bottom Line

Slashdot
By EditorDavidJul 14, 2018, 7:41 pm405 pts
An anonymous reader quotes CNN: Wells Fargo said operating losses surged 77% last quarter because of various problems in its auto lending, wealth management, mortgage and currency businesses. Overall expenses rose by 3%. Meanwhile, Wells Fargo said profit declined by 12% during the second quarter, missing Wall…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

Riot Games promotes David Mulhill to run esports partners and business development 130

iPhone 16 Pro Camera May Be Less Prone to Lens Flare and Ghosting 129

Japan may turn up heat on Apple and Google with hefty fines 125

Japanese auto, semiconductor players developing chiplet-based SoCs for cars 124

TechCrunch Space: True Anomaly and Rocket Lab will make big moves on orbit (literally) 121

Open source versus Microsoft: The new rebellion begins 121

Hugging Face introduces Idefics2, an 8B open-source visual language model 119

Samsung Regains Top Spot as Apple's iPhone Shipments Fall in Q1 2024 116

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.