The Latest Breaking News from Wells Fargo

Corporate investments in Black-owned businesses have waned amid legal challenges to DEI programs.

A US banking giant fired more than a dozen employees for "simulating keyboard activity," highlighting a battle within productivity-obsessed corporate America to tame a culture of faking work with gizmos such as mouse jigglers.

Around a dozen staffers were reportedly faking keyboard strokes to maintain an illusion of work, and have been let go by Wells Fargo as a result.

Workers were sacked after review found they were ‘creating impression of active work’, says filing

The bank disclosed it fired the employees after finding they were giving the impression of working when they really weren't.

Given Wells Fargo’s recent underperformance relative to the Vanguard Mega Cap ETF, analysts are still moderately bullish on its prospects due to its diversified earnings and the potential lifting of the government-imposed asset cap.

After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old locations or building new ones, and in the process changing the look, feel and purpose of the local bank branch

Our society tells women and girls to be cautious with their money while telling men and boys to be smart about it.

Stifel's Barry Bannister fears sticky inflation and higher rates will hurt stocks, while Wells Fargo's Scott Wren ponders if investors should "sell in May and go away."