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Rose builds confidence for PGA Championship as McIlroy fades

(Reuters) – Justin Rose had a confidence-boosting finish at Quail Hollow on Sunday in the leadup to the PGA Championship but his Ryder Cup team mate Rory McIlroy continued his worrying final round form. World number two Rose closed with a tidy 68 to finish thi... More »

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Homa wins Wells Fargo Championship by three strokes

(Reuters) – The days of Max Homa feeling an impostor on the PGA Tour are history after he held his nerve during an hour-long rain delay before closing out an emphatic three-stroke victory at the Wells Fargo Championship in Charlotte, North Carolina on Sunday. ... More »

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Golf: Day hits spectacular shot en route to Quail Hollow win

(Reuters) – Former world number one Jason Day has a burning ambition to get back to the top of the rankings and he made a huge leap with a two-stroke victory at the Wells Fargo Championship in North Carolina on Sunday. Day had an awful day of wayward driving a... More »

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Golf: Woods slumps to 55th after birdie-free final round

(Reuters) – Tiger Woods had his first birdie-free round since 2014 to finish equal 55th at the Wells Fargo Championship in North Carolina on Sunday, his second-worst result of the year. Woods closed with a 74 to finish at two-over-par 286 at Quail Hollow in Ch... More »

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Golf: Rare consecutive eagles boost Peterson to lead in Charlotte

(Reuters) – Self-deprecating Texan John Peterson recorded consecutive eagles for the first time in his career to vault to the first-round lead at the Wells Fargo Championship in Charlotte, North Carolina on Thursday. Pity so few people saw the rare feat. Few o... More »

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Putting woes leave Woods six behind first-round leader Peterson

(Reuters) – Tiger Woods struggled to adjust to slow greens as he slipped six strokes behind American leader John Peterson in the opening round of the Wells Fargo Championship in North Carolina on Thursday. On a day when two-times Wells Fargo winner Rory McIlro... More »

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Fed puts brakes on Wells Fargo when bank needs to step on gas

FILE PHOTO: A Wells Fargo bank sign is pictured in downtown Los Angeles, California, U.S. August 10, 2017. REUTERS/Mike Blake/File Photo BOSTON (Reuters) – The Federal Reserve’s surprise ban on Wells Fargo & Co growing its balance sheet comes at a difficult ju... More »

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Wells Fargo hires new law firm to prepare CEO for Senate appearance

Wells Fargo & Co. (WFC.N) has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources w... More »

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Wells Fargo to pay U.S. $108 million over veterans` loans

Wells Fargo & Co (WFC.N) will pay the U.S. government $108 million to settle a whistleblower lawsuit claiming it charged military veterans hidden fees to refinance their mortgages, and concealed the fees when applying for federal loan guarantees. More »

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Longtime Wells Fargo wealth executive Carroll to retire

FILE PHOTO: David Carroll, senior executive vice president at Wells Fargo speaks during the Charlotte Chamber’s Economic Outlook Conference in Charlotte, North Carolina December 17, 2012. REUTERS/Chris Keane Longtime Wells Fargo & Co (WFC.N) executive David Ca... More »

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Golf: Johnson to make PGA Tour return at Wells Fargo in May

Dustin Johnson of the U.S. looks over the 10th green during Wednesday practice rounds for the 2017 Masters at Augusta National Golf Club in Augusta, Georgia, U.S., April 5, 2017. REUTERS/Lucy Nicholson Dustin Johnson will make his first start since withdrawing... More »

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Government orders Wells Fargo to reinstate whistleblower

A Wells Fargo Bank is shown in Charlotte, North Carolina, U.S., September 26, 2016. REUTERS/Mike Blake The federal government has ordered Wells Fargo (WFC.N) to reinstate a former bank manager who lost his job after reporting suspected fraudulent behavior at t... More »

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Wells Fargo must face litigation on defective mortgages: U.S. judge

A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. on February 10, 2015. REUTERS/Jim Young/File Photo A federal judge on Thursday said Wells Fargo & Co (WFC.N) must face litigation seeking to hold it responsible for billions of doll... More »

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Wells Fargo CEO receives pay bump despite sales scandal

A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith Wells Fargo & Co’s board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase, despite scrapping executive bon... More »

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Wells Fargo fund business on the defensive amid sales scandal

A Wells Fargo bank logo is pictured on a building in North Miami, Florida March 19, 2016. REUTERS/Carlo Allegri When a scandal over unauthorized accounts rocked Wells Fargo & Co’s (WFC.N) retail division last fall, executives at its asset management arm sprang... More »

Lack of new blood casts doubt over Wells Fargo`s change plan

A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. on February 10, 2015. REUTERS/Jim Young/File Photo Wells Fargo & Co’s decision not to introduce new names onto its board or into the ranks of its senior management in the wake of a ... More »

Wells Fargo likely to issue more debt to comply with new rules

NEW YORKWells Fargo & Co will likely need to issue an additional $20 billion to $40 billion of long-term debt to comply with new rules designed to help banks better weather a crisis, Chief Financial Officer John Shrewsberry said on Friday. The debt issuance wo... More »