Wells Fargo workers report layoffs underway; 50,000 jobs at risk, news site says
Major layoffs at Wells Fargo have been predicted for weeks, and posts by workers at The Layoff.com indicate the reductions have begun. Here’s the latest.
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Microsoft, Wells Fargo insist efforts to boost diversity are not discriminatory
The Department of Labor last week sent letters to Microsoft and Wells Fargo questioning whether the companies’ commitments to increase the number of Black employees in their leadership ranks constitute race-based discrimination. Both firms defend their decisions.
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Fed lifts restrictions on Wells Fargo to help boost lending to small businesses
The Federal Reserve is temporarily letting Wells Fargo out of the penalty box, freeing the troubled bank to aggressively lend to small businesses struggling to survive the coronavirus crisis.
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‘Leadership in Rural Innovation’ is focus of Nov. 7 WRAL TechWire Live event
The final WRAL TechWire Live event of 2019 will take place November 7 at the NC Rural Center in Raleigh addressing the topic of leadership in rural innovation. The urban-rural divide is a topic of interest for all North Carolinians and the economic future of 80 of 100 NC...
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Sellout nears for WRAL TechWire Live: Fueling Your Startup event on Oct. 2
Whole Brain Escape’s Heather Maxwell Chandler, Slingshot Coffee’s Jenny Bonchak, The ZEN Succulent’s Megan George and The Flourish Market’s Em Sexton will be the featured speakers at the next WRAL TechWire Live event on October 2. Here are the details.
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Wells Fargo brings in outsider as new CEO; stock rallies
Wells Fargo has hired an outsider to clean up its broken culture, three years after a reputation-tarnishing series of scandals erupted.
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Former Wells Fargo economist John Silvia joins Charlotte investment firm
John Silvia, the outspoken economist who often livened up events in Raleigh with his often riveting commentaries, is now the Director of Economics at Charlotte-based Carolinas Investment Consulting.
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Tech on Tap: TechWire Live Leadership in review, part 2
On March 6, 2019, WRAL TechWire held its first TechWire Live event of 2019. Wells Fargo sponsors the event series, and this was the first of four subject matters scheduled for 2019. This podcast is the second of two recapping the event.
Read MoreWorried about a recession? Watch bank earnings this week
As the global economic outlook darkens, American banks have an unenviable job: Convincing a jittery public that the US economy remains strong and can keep growing.
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