Skip to main content
Clear icon
79ยบ
WJXT logo

Go to the WJXT homepage

Join Insider
    • News
    • Watch Live
    • Local News
    • Florida
    • Georgia
    • National
    • Politics & Power
    • Politics
    • I-Team
    • Trust Index
    • Community
    • Health
    • Money
    • Education
    • Consumer
    • Entertainment
    • Weird News
    • Weather
    • Weather News
    • Traffic
    • SnapJAX
    • Skycams
    • Alerts
    • Hurricanes
    • Plan and Prepare
    • Georgia
    • St. Augustine
    • Environment
    • Forecasting Change
    • News4JAX+
    • Watch Live
    • News4JAX Insider
    • How To Watch News4JAX+
    • Download News4JAX Apps
    • The Morning Show
    • River City Live
    • Podcasts
    • This Week In Jacksonville
    • Business Edition
    • NEXTGEN TV
    • TV Listings
    • Florida Justice
    • Sports
    • Sports Videos
    • Jaguars
    • Jaguars Stats
    • News4JAGS Podcast
    • Gators Breakdown
    • Gators Stats
    • High School Sports
    • Varsity 4
    • Going Ringside Podcast
    • V4rsity Podcast
    • All Star Athlete
    • Olympics
    • Features
    • News4JAX Insider
    • JAXBest
    • Florida Justice
    • 4 Your Neighborhood
    • Events Calendar
    • Positively JAX
    • River City Live
    • News4JAX+
    • Womenโ€™s History Month
    • Look Local
    • Travel
    • Jacksonville Image Awards
    • Food & Recipes
    • Live Healthy
    • Contests & Rules
    • Talking Health
    • Pets
    • uSay Voting
    • Branded Content
    • River City Live
    • Watch River City Live
    • River City+
    • Eats & Treats
    • Beats
    • Wellness
    • Local Spotlight
    • Pets
    • Shopping
    • SnapJAX
    • SnapJAX Stories
    • Breaking News Photos
    • Newsletters
    • Sign Up For Newsletters
    • WJXT
    • Contact Us
    • Help Center
    • Careers at WJXT/WCWJ
    • SnapJAX
    • Meet the Team
    • Advertise with us
    • CW17
    • CW Program Guide
    • Bounce
  • News
  • Weather
  • News4JAX+
  • Sports
  • Features
  • River City Live
  • SnapJAX
  • Newsletters
  • WJXT
  • CW17
News4JAX.com
  • News
  • Weather
  • News4JAX+
  • Sports
  • Features
  • River City Live
  • SnapJAX
  • Newsletters
  • WJXT
  • CW17
  • BREAKING NEWS

BREAKING NEWS

Man killed in officer-involved shooting after 20-minute standoff following crash at Beach Boulevard intersection: JSO

WELLS FARGO


No description available

Most US stocks slump, but Nvidia nudges Nasdaq to another record

Read full article: Most US stocks slump, but Nvidia nudges Nasdaq to another record

Most U.S. stocks fell after an update on inflation hurt Wall Streetโ€™s hopes for lower interest rates.

No description available

Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal

Read full article: Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture.

No description available

JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024

Read full article: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024

JPMorganโ€™s net income soared 50% to more than $14 billion in the fourth quarter as the bankโ€™s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.

No description available

Stock market today: Wall Street rips higher after inflation data and strong bank profits

Read full article: Stock market today: Wall Street rips higher after inflation data and strong bank profits

U.S. stocks ripped higher after an encouraging update on U.S. inflation.

No description available

JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud

Read full article: JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud

A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America.

No description available

Stock market today: Wall Street rises to close its latest record-setting week as banks jump

Read full article: Stock market today: Wall Street rises to close its latest record-setting week as banks jump

U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports.

No description available

Wells Fargo letters successfully removed from Jacksonville building 13 years after they were mounted

Read full article: Wells Fargo letters successfully removed from Jacksonville building 13 years after they were mounted

The letters on the Wells Fargo building were successfully removed from the downtown Jacksonville skyscraper Sunday morning.

No description available

Meet the man who will take the letters off the Wells Fargo building downtown 13 years after mounting them

Read full article: Meet the man who will take the letters off the Wells Fargo building downtown 13 years after mounting them

The letters on the Wells Fargo building in downtown Jacksonville are set to be removed this weekend.

No description available

Big bank quarterly results show signs of consumers slowing down spending

Read full article: Big bank quarterly results show signs of consumers slowing down spending

Signs of consumers slowing down spending and falling behind on their bills weighed down shares of the big banks on Friday.

No description available

Big banks warn of uncertain year ahead after mixed financial performances in the first quarter

Read full article: Big banks warn of uncertain year ahead after mixed financial performances in the first quarter

Big banks warned of an uncertain year ahead after mixed financial results during the first quarter in an environment of stubbornly high inflation and geopolitical clashes in Europe, the Middle East and elsewhere.

No description available

Stock market today: Wall Street falls sharply to close out its worst week since October

Read full article: Stock market today: Wall Street falls sharply to close out its worst week since October

U.S. stocks fell sharply following a mixed start to earnings reporting season.

No description available

US eases restrictions on Wells Fargo after years of strict oversight following scandal

Read full article: US eases restrictions on Wells Fargo after years of strict oversight following scandal

The Biden administration is easing its restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals.

No description available

Wells Fargo workers at New Mexico branch vote to unionize, a first in modern era for a major bank

Read full article: Wells Fargo workers at New Mexico branch vote to unionize, a first in modern era for a major bank

Employees at a Wells Fargo bank in New Mexico have voted to unionize, the first time that workers at a major U.S. bank have attempted to organize in the modern era.

No description available

Stock market today: Wall Street struggles as war worries collide with hope for stronger profits

Read full article: Stock market today: Wall Street struggles as war worries collide with hope for stronger profits

U.S. stocks mostly fell after getting pulled in opposite directions by competing waves of optimism and fear.

No description available

Wells Fargo 2Q profit jumps 57% on higher interest rates

Read full article: Wells Fargo 2Q profit jumps 57% on higher interest rates

Wells Fargo says profits jumped 57% in the second quarter thanks to higher interest rates and loan balances.

No description available

Wells Fargo agrees to pay $1 billion to settle shareholders' class-action lawsuit

Read full article: Wells Fargo agrees to pay $1 billion to settle shareholders' class-action lawsuit

Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders.

No description available

Profits at big US banks show few signs of industry distress

Read full article: Profits at big US banks show few signs of industry distress

The nationโ€™s largest banks appear to be weathering the current turmoil in their industry just fine.

No description available

Person sought by police after robbery at Jacksonville Wells Fargo

Read full article: Person sought by police after robbery at Jacksonville Wells Fargo

The Jacksonville Sheriffโ€™s Office says authorities are working to find someone who on Monday afternoon robbed the Wells Fargo Bank on North Main Street.

No description available

Wells Fargo 4Q profit falls by half but tops expectations

Read full article: Wells Fargo 4Q profit falls by half but tops expectations

Wells Fargoโ€™s profit for the fourth quarter came in ahead of Wall Streetโ€™s targets but were about half of what it earned last year as the bank had to pay another $3.3 billion in fines and penalties to settle numerous scandals from recent years.

No description available

Springfield Wells Fargo Bank teller alerts FHP trooper to robbery, suspect apprehended

Read full article: Springfield Wells Fargo Bank teller alerts FHP trooper to robbery, suspect apprehended

A suspected bank robber was taken into custody Friday afternoon at the Wells Fargo on North Main Street in Springfield, after a teller alerted a Florida Highway Patrol trooper, who was working in the building.

No description available

Wells Fargo to pay $3.7B over consumer loan violations

Read full article: Wells Fargo to pay $3.7B over consumer loan violations

Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking accounts.

No description available

Patient, would-be robber waits in line at bank before demanding money from teller, police say

Read full article: Patient, would-be robber waits in line at bank before demanding money from teller, police say

The teller then stepped back, hit a panic button and got the managerโ€™s attention.

No description available

BofA profits fall as bank sets aside money for downturn

Read full article: BofA profits fall as bank sets aside money for downturn

Bank of Americaโ€™s profits fell by 8% in the third quarter as the bank set aside cash to cover potential loan losses.

No description available

Wells Fargo 3Q revenue boosted by higher interest rates

Read full article: Wells Fargo 3Q revenue boosted by higher interest rates

Wells Fargo easily beat Wall Streetโ€™s third-quarter revenue forecasts as higher interest rates helped offset a steep decline in home lending.

No description available

Wells Fargo profit falls as higher rates stymie homebuyers

Read full article: Wells Fargo profit falls as higher rates stymie homebuyers

Wells Fargo, the nationโ€™s largest mortgage lender, saw its second-quarter revenue and profit decline as rising interest rates pushed people out of the housing market.

No description available

Big bank profits decline as deal-making, mortgages slow

Read full article: Big bank profits decline as deal-making, mortgages slow

Four big banks reported noticeable declines in their first quarter profits on Thursday, as the volatile markets and war in Ukraine caused dealmaking to dry up and a slowdown in the housing market caused the mortgage market to slow.

No description available

Wells Fargo's $5.8 billion profit easily tops expectations

Read full article: Wells Fargo's $5.8 billion profit easily tops expectations

Wells Fargo easily beat Wall Street expectations for the fourth quarter with interest rates beginning to take off, likely another boost for the nationโ€™s largest mortgage lender going forward.

No description available

Housing construction slumps 7% in July to 1.53 million units

Read full article: Housing construction slumps 7% in July to 1.53 million units

Home construction fell a sharp 7% in July as home builders struggled to cope with a variety of headwinds.

No description available

Pipeline foes gear up for large northern Minnesota protests

Read full article: Pipeline foes gear up for large northern Minnesota protests

Environmental and tribal groups opposed to Enbridge Energyโ€™s ongoing effort to replace its aging Line 3 crude oil pipeline are planning large protests in northern Minnesota as the Canadian-based company gears up for a final construction push.

No description available

Believing gun was fake, bank teller refuses to hand over cash

Read full article: Believing gun was fake, bank teller refuses to hand over cash

A man with a gun entered the Wells Fargo on Lenox Avenue on Friday afternoon, but left without any money and was quickly arrested by a Florida High Patrol trooper who was working off-duty at the bank.

No description available

Police make quick arrest after Regency-area bank robbery

Read full article: Police make quick arrest after Regency-area bank robbery

According to robbery detectives, the man handed a teller a note about 10:30 a.m. that implied he had a weapon and demanded money. Police said officers quickly stopped a car on Whispering Oaks Drive and took a person into custody they are calling a person of interest. News4Jax learned Brett Armante was arrested and charged with armed robbery. The Jacksonville Sheriffโ€™s Office booking report shows Armante had a black handgun with one bullet in the chamber in the waistband of his pants when he was arrested. This was the third bank robbery of 2021.

No description available

Wells Fargo posts $2 billion profit in 3Q, reversing 2Q loss

Read full article: Wells Fargo posts $2 billion profit in 3Q, reversing 2Q loss

Wells reported revenue of $18.86 billion in the quarter, also down from last year's third quarter when it took in $22 billion. Wells set aside $769 million in the third quarter for loan loss provisions, which is the money set aside to cover potentially bad loans. Wells Fargo lost $2.4 billion in the second quarter, the first quarterly loss for the bank since the real estate crash of 2008. Wells Fargo said its net interest income was $9.4 billion, down $2.3 billion from last year's period. On top of the difficulties presented by the virus pandemic, Wells has been in seemingly constant trouble with regulators for years.

No description available

Asian stocks follow Wall St lower as stimulus hopes fade

Read full article: Asian stocks follow Wall St lower as stimulus hopes fade

Stocks are pulling slightly higher in the early going on Wall Street, Wednesday, Oct. 14, as investors pore over another batch of earnings reports from big U.S. companies. (AP Photo/John Minchillo, File)Asian stocks followed Wall Street lower on Thursday as hopes U.S. leaders will agree on a new economic stimulus before the Nov. 3 presidential election faded. The Shanghai Composite Index lost 0.1% to 3,337.51 and the Nikkei 225 in Tokyo fell 0.5% to 23,517.63. On Wall Street, companies that rely on consumer spending, banks and technology and communication stocks bore the brunt of the selling. Wells Fargo dropped 6% after its earnings were lower than Wall Street expected.

No description available

Wells Fargo CEO apologizes for comments about diversity

Read full article: Wells Fargo CEO apologizes for comments about diversity

FILE - In this March 10, 2020 file photo, Wells Fargo CEO and President Charles Scharf is seated before he testifies during a hearing of the House Financial Services Committee, on Capitol Hill, in Washington. (AP Photo/Alex Brandon, File)NEW YORK โ€“ Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made suggesting it is difficult to find qualified Black executives in the financial industry. Scharf said in a memo to employees โ€œthere is a very limited pool of Black talent to recruit fromโ€ in corporate America. โ€œPerhaps it is the CEO of Wells Fargo who lacks the talent to recruit Black workers,โ€ said Rep. Alexandra Ocasio-Cortez of New York, on Twitter. The last prominent African American to serve as CEO at a large financial services company was Kenneth Chenault, the former CEO of American Express.

No description available

Federal Reserve to boost small business lending efforts

Read full article: Federal Reserve to boost small business lending efforts

WASHINGTON โ€“ The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday. By purchasing the loans, the Fed would create an incentive for the banks to engage in more lending. Otherwise, when banks make a loan, they are typically required to hold some cash in reserve in the case of default. Because of the bankโ€™s prior scandals, Wells Fargo is under restraints from the Federal Reserve on how many loans it can hold on its books. Many smaller banks have complained that they have had trouble accessing the lending program, according to the ICBA.

No description available

Wells Fargo takes $1.6 billion hit linked to fake-account scandal

Read full article: Wells Fargo takes $1.6 billion hit linked to fake-account scandal

SAN FRANCISCO, Calif. - Wells Fargo's fake-account scandal continues to haunt the big bank, exacerbating headaches caused by shrinking interest rates. Wells Fargo revealed on Tuesday a 23% drop in third-quarter profit that disappointed investors. The legal hit underscores Wells Fargo's struggles to move past a scandal that first came to light three years ago. Wells Fargo did not detail what sparked the legal hit other than to say it is related to its previously disclosed retail sales practices trouble broadly. Wells Fargo has yet to resolve a trio of investigations launched in 2016 by the SEC, Justice Department, and Labor Department.

No description available

Dow pops 250 points on blockbuster earnings

Read full article: Dow pops 250 points on blockbuster earnings

Blockbuster earnings from the likes of JPMorgan Chase and UnitedHealth sent the Dow climbing more than 250 points, or roughly 1%, in afternoon trading. After weeks of trying to decipher the latest developments in the trade war, the start of earnings season has allowed investors to refocus on the fundamentals. The IMF on Tuesday cut its 2019 global growth forecast, calling for the weakest pace since the financial crisis. However, the big banks on the front lines of America's economy reported mostly upbeat results on Tuesday. The Wall Street firm was hurt by slowdowns in M&A and the trouble in the IPO market.

No description available

Wells Fargo has a new boss. His first task is taming Washington

Read full article: Wells Fargo has a new boss. His first task is taming Washington

SAN FRANCISCO - The Wells Fargo stagecoach veered off into a ditch more than three years ago. And Scharf's not-so-secret weapon is the fact that "Wells Fargo" did not previously appear on his resume. It took Wells Fargo six months to find a replacement, leaving a rare power vacuum atop one of America's biggest and most troubled banks. Wells Fargo has yet to resolve a trio of investigations launched in 2016 by the Justice Department, SEC and Labor Department. "He's got a onetime opportunity to become the role model for the changed behavior of the Wells Fargo culture."

No description available

Wells Fargo names financial veteran Charles Scharf as CEO

Read full article: Wells Fargo names financial veteran Charles Scharf as CEO

Justin Sullivan/Getty Images(CNN) - Wells Fargo has hired an outsider to clean up its broken culture, three years after a reputation-tarnishing series of scandals erupted. The bank on Friday named Charles Scharf, previously the CEO of Bank of New York Mellon and Visa, to become its new boss. The hiring of Scharf ends Wells Fargo's six-month struggle to find a replacement for Tim Sloan, who stepped down abruptly in late March. "I am honored and energized by the opportunity to assume leadership of this great institution, which is important to our financial system and in the midst of fundamental change," Scharf said in a statement. The-CNN-Wire & 2019 Cable News Network, Inc., a Time Warner Company.

No description available

Wells Fargo to pay Navajo Nation $6.5M to settle lawsuit

Read full article: Wells Fargo to pay Navajo Nation $6.5M to settle lawsuit

Justin Sullivan/Getty Images(CNN) - Wells Fargo is paying the Navajo Nation $6.5 million to settle allegations the bank preyed on the Native American tribe by using shady sales tactics. "Wells Fargo's predatory actions defrauded and harmed the Nation," said Navajo Nation President Jonathan Nez said in a statement on Thursday announcing the settlement. Wells Fargo is trying to move beyond the scandals by working to repair its reputation and relationship with customers. Wells Fargo, the only national bank in the Navajo Nation territory as of 2017, said it looks forward to "continue building upon our long-standing relationships with the Navajo Nation and its members." Wells Fargo has been operating without a permanent CEO since April when Tim Sloan stepped down suddenly.

No description available

Dreamer files discrimination lawsuit against Wells Fargo

Read full article: Dreamer files discrimination lawsuit against Wells Fargo

Wells Fargo, which is based in California, declined to comment to CNN Business and has not responded in court yet. Wells Fargo's legal troublesThe new DACA lawsuit adds to the legal headaches for Wells Fargo. Approximately 51,000 of those customers required to make those larger payments ultimately had their vehicles repossessed, Wells Fargo has said. Pea said that after getting denied by Wells Fargo, credit unions and several other lenders also denied him credit. That argument was rejected by a judge in the broader lawsuit brought against Wells Fargo by DACA recipients.

No description available

Deputies: Robber holds up Wells Fargo, nearby Home Depot store

Read full article: Deputies: Robber holds up Wells Fargo, nearby Home Depot store

ORANGE PARK, Fla. โ€“ Deputies said a man with a limp held up a Wells Fargo bank on Blanding Boulevard and then robbed a nearby Home Depot store on Wells Road in Orange Park. No injuries were reported and it's unclear if the robber is armed, although he did indicate he had a firearm. The robberies were reported Friday afternoon, just hours after a San Marco area Wells Fargo was held up in Jacksonville. But authorities said the Orange Park robber, an older man who walked with a limp, is not the same man from the San Marco robbery. Deputies and detectives are investigating the Orange Park incidents asked for patience from residents.

BACK TO TOP
  • TV Listings

  • Email Newsletters

  • RSS Feeds

  • Contests and Rules

  • Contact Us

  • Careers at WJXT / WCWJ

  • Closed Captioning / Audio Description

  • WJXT Public File

  • WJXT EEO Report

  • WCWJ Public File

  • WCWJ EEO Report

  • Terms of Use

  • Privacy Policy

  • Do Not Sell My Info

  • FCC Applications

Follow Us
Visit our YouTube page (opens in a new tab)
Visit our Facebook page (opens in a new tab)
Visit our Instagram page (opens in a new tab)
Visit our X page (opens in a new tab)
Visit our RSS Feed page (opens in a new tab)
Get Results With OmneOmne Results Logo

If you need help with the Public File, call (904) 393-9801

At WJXT, we are committed to informing and delighting our audience. In our commitment to covering our communities with innovation and excellence, we incorporate Artificial Intelligence (AI) technologies to enhance our news gathering, reporting, and presentation processes. Read our article to see how we are using Artificial Intelligence.


Graham Media Group LogoGraham Digital Logo

Copyright ยฉ 2025 News4JAX.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings.