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Wells Fargo recently agreed to pay $1,000,000,000 to the former shareholders to settle the old compliance scandal.
Court: Southern District of New York
Case number: 1:20-cv-04494-GHW-SN
If you have traded $WFC, you can calculate and claim your part here.
Wells Fargo soaring (+3.5%) AH on news of 16.7% increase in dividend and new $30 Billion stock buyback.
Wells Fargo & Comp. $WFC Total Debt (mrq) $275.75B
All the shady stuff wfc does better believe they'll have the same problem as regionals. Tic toc........
I'm Bearish and Not Bullish! All Rothchild central banks are crashing but the FAKE stock market is prescripted Bull Shit and is no different than the movie, the Sting.
It's all a Lie being covered up by Fake MSM and MSNBC
We the people are being lied too about everything.
Get out of all bank stocks.
I have been for many years
Keep up the fight:)
I have been for the past 2 years. Gold and Silver mining stocks
and buying physical silver as there is no substitute for silver
and it's used in everything. Demand will outpace Gold.
It's being held back to load up heavy.
All Banks are insolvent. Gold and Silver will only go up from here.
History repeating itself.
I think we need to load up on physical gold and silver, and tokens backed by gold. I like AABBG
Gesara.news is updated daily on world news that's currently happening with links.
All Central Banks are insolvent.
The U.S. Military has daily video updates on world events at RestoredRepublic.co not .com, it's .co
The markets on TV are all scripted and fake.
The crash is real and all bad apples are being plucked out, one by one.
The West Central bank which is The privately owned Federal Reserve Bank has already fell.
Janet Yellen is fake and her double is playing the role in a well orchestrated fake movie script.
The crash is real and the only way crooked Fund Managers can get shares of anything is to have shareholders sell. Get out of the banks as all are insolvent.
Strong Hold everything else.
Good Luck
Interesting can you elaborate further?
ROTFLMFAO! That NESARA-GESARA nonsense is total Bullshit and just part of a since debunked cult-driven Scam. SMFH
I know from the military. Bank of England, Credit Suisse, Deutsche Bank and Blackrock International, are all part of the Central Bank scam, with WFC and BAC, JPM, State Street and plenty more are or will be Insolvent.
All are going down due to roll out of Gesara Nesara and the return to the Gold Standard, worldwide. The banking thieves are not invited to the QFS or BRICS and Its Potential As a Military Alliance.
Stick it out if you believe that I'm bluffing and buy some of the new Junk Notes that are backed by nothing. Read the fine print and see that the new notes are 100% garbage.
https://www.internationalmagz.com/articles/brics-potential-as-a-miilitary-alliance
Now we have the Silicon Valley Bank episode........................................................................................................................the poor are getting ---------------------POORER
March 15, 2023 Wells Fargo Filed $9.5 Billion through Mixed-Securities Shelf Offering
https://beststocks.com/wells-fargo-plans-to-raise-up-to-9-5-billion-2/
#ARMAGEDDON
Financial Crisis continues
a very good Summary, that my family took to their grave and a few of the children recovered and made big bucks from investing the spoils--- r.i.p. Tony, Wayne --- glad Cheryl sold the farm
Yes..but the collapse of 08 / 09 was for different reasons. Lehman Bros fall, and many other banks, was due to a housing bubble combined with exposure to what were called 'Alt-A' loans..which were subprime. They were also known as "liar loans" because banks weren't requiring full documentation that the borrower could pay back the loan.
Banks certainly played a roll in that collapse.. but truth be known it was Democrat pressure from Washington DC that for years was forcing the banks to start making loans to individuals who could not and ultimately did not pay back their notes.
This brings us to the conclusion that when banks start going belly up and you want to know why "the creek got muddy" all of a sudden just go upstream and you'll find the pigs in the creek are not so much in the banks themselves but in Wash DC.
Fast forward to 2023 this collapse was for different reasons but it was caused by the same pigs in the same creek with rising interest rates at the fastest pace ever.
Does anyone remember Lehman Bros ? ........................
went bust in 2007 ? supposed to been a big loss
It happened at Chase also. Not sure what is going on.
Banking bloodbath. All the banks are down big. With $9T in deposits nationwide, FDIC only has $350B to pay out.
wells fargo run at the bank and stock cratering down 7%+ heard some branches not opening today?
Wells Fargo customers complaining money is missing from accounts, and now have negative balance.
https://www.nbcnews.com/business/business-news/wells-fargo-says-technical-issue-causing-customers-report-missing-depo-rcna74419
I WOULD TAKE EVERY PENNY OUT OF WELLS FARGO IMMEDIATELY!! The run on mismanaged banks is now very real. Silicon valley bank has started a domino effect.
P. Shiff is predicting a banking collapse. Are there any banking ETF's out there I can short or buy puts in?
Wells Fargo might owe you money—here’s how to get it
https://www.cnbc.com/2023/01/19/wells-fargo-might-owe-you-money-how-to-get-it.html
WALL Street in New York City---downtown---still shows where the wall was, by showing the columns that supported the wall as a level tile about every 12 feet where the wall was
a friend told me , after seeing the narrow street that is still there
WHO is pushing for that------ MORGAN Stanly ???????
WELLS FARGO is going to reduce amt of staff
Bloomberg says 30 % could be let go OUCH
SCAM!-"Wells Fargo to Pay $3.7 Billion Over Consumer Banking Violations":
Dec. 20, 2022
https://www.nytimes.com/2022/12/20/business/wells-fargo-consumer-loans-fine.html
Good Luck! LoL
I know from the military otherwise. Bank of England, Credit Suisse, Deutsche Bank and Blackrock International, are all part of the Central Bank scam, with WFC and BAC.
All are going down due to roll out of Gesara Nesara and the return to the Gold Standard, worldwide. The banking thieves are not invited to the QFS or BRICS and Its Potential As a Military Alliance.
Stick it out if you believe that I'm bluffing and buy some of the new Junk Notes that are backed by nothing. Read the fine print and see that the new notes are 100% garbage.
https://www.internationalmagz.com/articles/brics-potential-as-a-miilitary-alliance
ROTFLMFAO! Each of those entities' earnings and audited financial statements prove otherwise. ROTFLMFAO again!
They're Bankrupt and the SEC is hiding the facts from the public. That's the big lie.
And still, they are allowed to sell even more Junk Notes and why SEC employees are leaving fast. Blackrock, WFC and BAC are all bankrupt.
LMFAO!
LMFAO! WFC's strong financials and fundamentals do not lie.
The rush before the flush.
Strong earnings report and several analysts and commentators stating this am that Wells Fargo is the strongest of the big banks right now. Doesn't appear that $30's or $20's are in the picture at all.
SMFH Haven't seen any $30's. And, Goldman Sachs upgraded WFC this am to Buy from Neutral, with $48 price target.
LMFAO 30's are here to stay. 20's next. Run
LMFAO! WFC $41.50 (+7%) today on strong quarterly earnings report. Analyst ratings reiterated with price targets from $49 up to well over $50.
Big U.S. Banks second quarter profits to tumble.
Short sellers turn sights on the troubled banks.
I will have to read the article. Headlines are just that. The detail involves the type of collateral, assets, net worth, debt obligation… too vague. It’s a good solid bank, the only thing that has to happen for this to fly is the asset cap placed by the government needs to come off.
JHD
Maybe there is a reason for this.....a culture that isn't as reliable as others, and wells fargo actually knows this?
Wells Fargo denied most mortgage applications for black homeowners.
https://nextcity.org/urbanist-news/housing-briefs-wells-fargo-denied-most-refinance-apps-for-black-homeowners
Wells Fargo back in the news again for the wrong reasons. Wells Fargo simply has inferior bankers working for them which is why they are missing out deals because their bankers aren’t as skilled as JP Morgan, BAC, PNC, & Regions Financial Corporation.
“ only 47 % of black homeowners who submitted mortgage refi applications were approved versus 72% of white homeowners. Wells Fargo lagging behind other big banks “
https://fortune.com/2022/03/16/wells-fargo-rejected-black-homeowners-refinancing-applications/amp/
Temporary… you need a longer term view. Stuff going on behind the scenes.
Priced crashed
In what way...?
How things changed...
Not surprising. All banks have too many branches these days with traffic in branches having dropped substantially as more and more Americans bank on-line and now use their phones to deposit checks rather than at the teller windows in branch banks. And, a lot of banks are restructuring, consolidating and downsizing branches to meet more current trends. Wells Fargo probably had more retail branches than anyone and consolidation is good for shareholders.
U.S. banks close record number of retail banks Wells Fargo shutters most.
U.S. banks closed a record number of retail branches in 2021.
On net, U.S. banks shuttered 2,927 branches last year, according to S&P Global Market Intelligence data.
Wells Fargo was the top net branch closer in 2021, closing on net 267 retail locations.
https://www.cnbc.com/2022/01/21/banks-close-record-number-of-branches-in-2021-led-by-wells-fargo.html
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