WFC फॉरेक्स के समाचार
Wells Fargo Reaches $1 Bln Settlement To Resolve Federal Securities Class Action Lawsuit
Law firm Bernstein Litowitz Berger & Grossmann (BLB&G) announced Tuesday that it has reached a settlement agreement on behalf of its clients and a class of investors with Wells Fargo & Co (WFC), which has agreed to pay $1 billion in cash to resolve a federal securities class action lawsuit in the United States.
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First Republic Bank Secures $30 Bln Rescue Fund From Major US Banks
First Republic Bank, the latest casualty in the ongoing banking turmoil, said it has secured around $30 billion funding from America's 11 largest banks as a lifeline, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo. Following the news, the bank's stock, which has been sinking since last week, gained around 10% on Thursday from the previous day's close.
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Wells Fargo Launches Short-term Flex-Loan
Banking major Wells Fargo has rolled out a new short-term flexi-loan for eligible customers to gain access to funds on the go through the Wells Fargo Mobile Banking app, without the hassles of formally applying for the loan and within minutes. It is currently available in select markets and will be extended nationwide by the end of the year.
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