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Why Wells Fargo wins even when it loses

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Wells Fargo Plans to Make All Its ATMs Card-Free

Wells Fargo Plans to Make All Its ATMs Card-Free*/

– Wells Fargo ( wfc ) is planning to roll out a new mobile transaction plan, and if all goes according to plan, starting this spring customers won’t even need their debit cards for ATM withdrawals.CNNMoney reports that the bank’s app will offer a new feature that allows users to request an eight-digit access code on their smartphones.Customers can then enter the codes, as well as their regular ATM PIN numbers, at the kiosk to make a transaction.
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Wells Fargo NeighborhoodLIFT Program to Boost Raleigh-Durham Homeownership

Wells Fargo NeighborhoodLIFT Program to Boost Raleigh-Durham Homeownership*/

– Durham and Wake County eligible homebuyers can register for the Raleigh-Durham NeighborhoodLIFT program that offers homebuyer education and down payment assistance grants up to $7,500 at www.NeighborhoodLIFT.com.The free event that kicks-off February 3-4 is intended to boost local homeownership as a result of a public-private collaboration with Wells Fargo, NeighborWorks® America, DHIC, Inc., and the local municipalities.Durham and Wake County eligible homebuyers can register for the Raleigh-Durham NeighborhoodLIFT program that offers homebuyer education and down payment assistance grants up to $7,500 at www.NeighborhoodLIFT.com.
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Wells Fargo hikes wages for branch workers after scandal

Wells Fargo hikes wages for branch workers after scandal*/

– Almost three months after Wells Fargo’s chief executive retired in the wake of a devastating fake-account scandal, the bank rolled out a new compensation policy.The changed compensation plan boosts base pay for branch workers, its lowest-paid employees, while providing them with bonuses based on team performance.The phony-account affair was born when the bank instituted unattainable new account quotas and fired employees who failed to achieve those goals.
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Why Wells Fargo wins even when it loses

Why Wells Fargo wins even when it loses*/

– If investing is a game of managing expectations, then count Wells Fargo a winner.The bank that perhaps has supplanted Goldman Sachs as the most vilified name in finance posted earnings Friday that on the surface looked lousy — subpar earnings per share, revenue that also missed Wall Street expectations by quite a bit, and internals that were at best mixed.Investors, though, stood up and cheered.
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