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A service for banking industry professionals · Saturday, May 16, 2026 · 913,200,996 Articles · 3+ Million Readers
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Wells Fargo News Monitoring

  • Published on May 15, 2026

    Wells Fargo announces additional layoffs

    Wells Fargo will lay off 29 employees in July from its Jordan Creek campus in West Des Moines, according to the Iowa Worker Adjustment and Retraining, or WARN website. The latest layoffs, which were announced this week, did not indicate in which sections …

    Source: Business Record - Iowa - Neutral
  • Published on May 15, 2026

    8th Circ. Wells Fargo Ruling Focuses On Establishing Injury

    By Kellie Mejdrich ( May 15, 2026, 3:38 PM EDT) -- The Eighth Circuit's recent decision affirming the dismissal of a proposed class action claiming Wells Fargo misspent 401(k) forfeitures won't dissuade workers from filing similar suits, attorneys …

    Source: Law360 - Neutral
  • Published on May 15, 2026

    Wake County Principal Named 2026 Wells Fargo Principal of the Year

    Dr. Mariah Walker, principal of Wake Young Women's Leadership Academy (WYWLA), is the 2026 Wells Fargo Principal of the Year. The announcement was made today at an awards luncheon honoring Walker and eight other regional finalists at the Umstead Hotel …

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  • Published on May 15, 2026

    Wells Fargo raises Nvidia price target to $315, sees 44% upside on AI infrastructure boom

    The bank's new target is based on a 21x multiple of estimated 2028 earnings, driven by expectations that AI data center spending will top $1 trillion by 2027. Wells Fargo just told investors that Nvidia still has a lot of room to run. The bank raised …

    Source: Crypto Briefing - Neutral
  • Published on May 14, 2026

    Wells Fargo sees writing on the wall about the next Fed rate cut

    Wells Fargo made a significant call on interest rates six weeks ago. On May 13, its economists made a different one. And the reasoning behind the reversal says something important about how this bank reads the current inflation environment. The …

    Source: Williams-Grand Canyon News - Arizona - Neutral
  • Published on 04:19 GMT

    Planning commission approves Hope City Church's relocation bid

    [WATERLOO, Iowa] — Hope City Church's plan to move into a closed Wells Fargo Bank building on West Fifth Street got closer to happening this week. The Planning and Zoning Commission approved a special permit for the church to relocate to the former …

    Source: KWWL - Iowa - Pending
  • Published on May 14, 2026

    Mark Kleinman: Could Wells Fargo bank on a megadeal with Barclays?

    Thursday 14 May 2026 5:00 am  |  Updated:  Wednesday 13 May 2026 7:22 pm Mark Kleinman is Sky News' City Editor and writes a column for City AM Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column …

    Source: City A.M. - Center-right
  • Published on May 14, 2026

    Wells Fargo sees Nvidia stock rising over 40% driven by AI

    The bank raised its price target to $315, citing an AI infrastructure pipeline it expects to surpass $1 trillion by 2027. Wells Fargo just handed Nvidia one of the more bullish calls on Wall Street. The bank raised its price target on the chipmaker from $ …

    Source: Crypto Briefing - Neutral
  • Published on May 13, 2026

    Appellate Court Dismisses Forfeited Funds Case Against Wells Fargo

    The U.S. 8th Circuit Court of Appeals dismissed a complaint against Wells Fargo, finding that the plaintiffs—including former employees and plan participants—lacked standing to sue over the alleged improper use of forfeited funds. The decision marks the …

    Source: PLANADVISER - Pending
  • Published on May 13, 2026

    Wells Fargo embeds AI across wealth platform

    Wells Fargo no longer views AI as a budget category, but as integral to product development.  “We fundamentally think about AI as part of the way we develop tools and deliver work,” Evelyn Varner, head of chief product office of Wealth and Investment …

    Source: Bank Automation News - Neutral
  • Published on May 13, 2026

    Wells Fargo spends $555,000 on security for CEO Scharf

    US lender Wells Fargo spent $555,000 on security for its chief executive, Charlie Scharf, last year as America’s biggest banks work harder to try and keep senior staff safe. According to the latest securities filings, Goldman Sachs, JPMorgan and Wells …

    Source: The Banker - Neutral
  • Published on May 13, 2026

    Advisor moves: Two Merrill teams overseeing $1.4B combine at Wells Fargo

    The Twin Harbors Private Wealth team in New York. Osaic has also reeled in another LPL team in North Carolina, while Raymond James' FNBO program gains momentum with a $515 million duo in Kansas City, Missouri. A nine-person advisory group has …

    Source: Investment News - Neutral
  • Published on May 13, 2026

    8th Circuit Tosses Wells Fargo Forfeiture Complaint on Lack of Standing

    The U.S. 8th Circuit Court of Appeals dismissed a complaint against Wells Fargo, finding that the plaintiffs—including former employees and plan participants—lacked standing to sue over the alleged improper use of forfeited funds. The decision marks the …

    Source: PLANSPONSOR - New York - Pending
  • Published on May 12, 2026

    Wells Fargo Set for 16% Upside Despite Recent Selloff

    © RiverNorthPhotography / Getty Images I am opening with the bottom line. Wells Fargo (NYSE:WFC | WFC Price Prediction) trades at $79.18 as of May 4, 2026, and our price target for Wells Fargo is $92.25 over the next 12 months. That implies 16.51% …

    Source: 24/7 Wall St. - Neutral
  • Published on May 12, 2026

    8th Circ. Won't Revive Wells Fargo 401(k) Forfeiture Suit

    By Gina Kim ( May 12, 2026, 4:51 PM EDT) -- The Eighth Circuit on Tuesday affirmed a lower court's decision tossing a former Wells Fargo employee's proposed class action alleging the financial services firm unlawfully used forfeited 401(k) funds to …

    Source: Law360 - Neutral
  • Published on May 12, 2026

    Wells Fargo's indie channel pulls Merrill teams managing $1.4B

    Wells Fargo has continued on its hot streak of picking up advisory groups with more than $1 billion in assets by recruiting and combining two separate teams from Merrill. Processing Content Twin Harbors Private Wealth is joining Wells Fargo in Melville, …

    Source: Financial Planning - Pending
  • Published on May 12, 2026

    Wells Fargo Hikes NVIDIA Price Target to $315 Ahead of Earnings: Is the AI King Still Cheap at 20x P/E?

    © Shutterstock / Below the Sky NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) stock just earned a fresh endorsement from Wells Fargo, which raised its price target to $315 from $265 and reiterated its Overweight rating on NVIDIA. The price target raise …

    Source: 24/7 Wall St. - Neutral
  • Published on May 12, 2026

    Wells Fargo auditor sues over revoked remote-work accommodation for MS

    A longtime Wells Fargo auditor with multiple sclerosis says the bank's return-to-office push cost her four years of approved remote work - and her career. Syreeta Lane sued Wells Fargo Bank, N.A. on May 8 in federal court in Charlotte, accusing the …

    Source: Investment News - Neutral
  • Published on May 12, 2026

    Wells Fargo lifts Ether ETF holdings in Q1 as Bitcoin positions shift

    Wells Fargo reported larger positions in Ether exchange-traded funds in the first quarter while reshuffling its Bitcoin ETF holdings across several products, according to its latest Securities and Exchange Commission filing. The bank said it raised its …

    Source: Coin Telegraph - Indeterminate

02 days 14:46:44

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  • Published on May 14, 2026 - 20:15 GMT

    United Community Banks, Inc. Announces Quarterly Cash Dividend on Common Stock

    GREENVILLE, S.C., May 14, 2026 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB) (the “Company”), reported that its Board of Directors approved a quarterly cash dividend of $0.25 per share on the Company’s common stock. The dividend is payable …

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  • Published on May 16, 2026 - 09:26 GMT

    Georgia Fishing Report: May 15, 2026

    As another great week of fishing gets underway across Georgia, it’s also a perfect time to celebrate the outdoors and everything that makes our state wild. If you’re looking for a family-friendly outdoor event, be sure to check out the Keeping GA Wild …

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