Bank of America is planning to cut 16,000 jobs by year end as it speeds up a company-wide cost-cutting initiative amid declining revenues, The Wall Street Journal reported on Wednesday.
The job cuts would put the second-largest U.S. bank a year ahead of schedule in eliminating 30,000 jobs under a program... Read More »
DES MOINES, Iowa -- Wells Fargo Home Mortgage has fired a Des Moines worker over a 1963 incident at a laundromat, involving a fake dime, in the wake of new employment guidelines.
Richard Eggers, 68, was fired in July from his job as a customer service representative for putting a cardboard cutout of a dime in... Read More »
By Tami Luhby
NEW YORK -- Faced with greater demand but dwindling dollars, cities are leaning more on local employers to hire teens.
Boston, Philadelphia and Baltimore are among the places that have put hundreds more young people in private-sector jobs for the summer thanks to aggressive lobbying by mayors... Read More »
Wells Fargo is the No. 1 home lender in the country. That has some downsides. Like having the kind of deep pockets that results in paying a $175 million settlement for allegedly peddling pricier mortgages to blacks and Latinos. But it also has some upsides, like hiring a lot. And being a pretty great place... Read More »
By Paul Wiseman and Christopher S. Rugaber
WASHINGTON -- Don't panic yet. The government reported Friday that the economy got off to a tepid start this year, but that doesn't foreshadow a repeat of the near-standstill that happened in 2011.
"The economy is firmly on a growth trajectory," said Sung Won... Read More »
The idea of retiring at age 65 is no longer a reality to many Americans, with many anticipating that they will have to work another 15 years -- to age 80 -- before they can afford to quit work, a new survey shows.
Further, the poll of 1,500 middle-class Americans showed that 76 percent of respondents felt it... Read More »
We've all been hoping for the economy to turn around, and there are some early signs that we're turning the corner; but as many suspected, it seems that the recovery is going to be a bit of a rough road. A major pothole was uncovered last week, when Wells Fargo delivered termination notices to 1,900 employees. Read More »
A Dallas Wells Fargo bank teller risked her life and thousands of dollars on a bet that a robber at her window would be stupid enough to comply with her request that he show two forms of identification. Read More »
When I interviewed at Wells Fargo Bank in the summer of 2010, my background was mainly in customer service, including a position at the Marriott Hotel in Atlanta.
I applied for a part-time teller position on Wells Fargo's website. I had been banking with Wells Fargo for so long that I knew my bank's branch... Read More »