Apr 23rd, 2009 - Los Angeles Times
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The state of California accused Wells Fargo & Co. of fraud Thursday for the company's role in an investment meltdown that has been compared to the Bernard Madoff scandal in magnitude.
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Fed releases stress-test methodology
Apr 24th, 2009 - bizjournals
The Federal Reserve on Friday pulled back the curtain on its banking stress tests when it released the methodology behind government-mandated analyses recently completed at the nation’s 19 largest banks. Charlotte-based Bank of America Corp...
Wells Fargo sued over securities
Apr 23rd, 2009 - Boston
SAN FRANCISCO - California Attorney General Jerry Brown sued units of Wells Fargo & Co. for deceptively advertising $1.5 billion of auction-rate securities sold to investors in the state as being as safe as cash. Wells Fargo Investments LLC...
California sues Wells Fargo over auction-rate securities
Apr 23rd, 2009 - bizjournals
California Attorney General Edmund "Jerry" Brown has filed suit against three Wells Fargo & Co. affiliates to recover $1.5 billion for investors who bought auction-rate securities.
Wells Fargo shares rise on stress test hope
Apr 23rd, 2009 - Reuters
NEW YORK, April 23 (Reuters) - Wells Fargo & Co's (WFC.N) shares rose more than 8 percent on Thursday on hopes the fourth-largest U.S. bank will pass the Treasury's stress test...
KeyCorp Crumbles While Penney Shines
Apr 22nd, 2009 - Wall Street Journal
Stocks fell Wednesday as the threat of a General Motors bankruptcy reared its head again and as banks such as Wells Fargo sounded a cautious note about credit conditions. Signs of returning demand at retailers such as J.C...
