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Wells Fargo has sold its asset-management business to a private equity firm for $2.1 billion. Also in this week's BizWorthy, we take a look at why some fans are upset at a fee for certain Charlotte FC tickets, hear about an expensive home for sale and learn how the pandemic is changing the way Girl Scout cookies are sold.
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On Tuesday, Mecklenburg County's health director issued a new directive: utilize full-virtual options where possible. What does that mean for businesses that are still permitted to be open, though? The Charlotte Ledger's Tony Mecia talks about that and more in the latest business news in this week's BizWorthy.
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The holidays are just around the corner. Normally that would mean large holiday expos like the annual Southern Christmas Show in Charlotte and Christmas Made in the South in Concord. But like other large events, they’ve been canceled because of the pandemic.
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The employees' alleged actions were outside of their work responsibilities and do not involve Wells Fargo's customers, the company said. The bank says it's cooperating with law enforcement.
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At least four of the Charlotte area's top banks have signed on to the Time To Vote initiative, pledging to give employees up to three hours of paid time off to vote in the election.
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NEW YORK — Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made about the difficulty of finding qualified Black executives.Scharf said…
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The dramatic collapse of the U.S. economy is pummeling America's largest banks. Wells Fargo has posted its first quarterly loss since 2008 and JPMorgan Chase has set aside billions to cover bad loans.
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Wells Fargo agreed Friday to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened…
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Former Charlotte financial adviser Jim Heafner is facing a new lawsuit. Nine investors who collectively lost hundreds of thousands of dollars through…
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Wells Fargo's new CEO says the bank needs to cut costs and continue to address legal problems that have dogged the company for years. Charlie Scharf, who…