U.S. ECONOMY WILL PROBABLY REBOUND NEXT YEAR AFTER VACCINES ARE DISTRIBUTED: WELLS FARGO CEO SCHARF

Highlights

• Wells Fargo CEO said the action taken by the federal government at the beginning of the COVID-19 pandemic was extremely impactful in propping up households and businesses

• Similar to the majority population, Scharf believes the development of vaccines a...

WELLS FARGO & CO. TO RESUME LAYOFFS AS PART OF THEIR COST CUTTING INITIATIVE

Highlights –

• Wells Fargo & Co. to resume layoffs as part of their cost cutting initiative.
• The bank had initially paused its layoffs in March due to the pandemic.
• The bank also plans to close several of its branches.
• Th...

A Round-up of information breaks in December 2019

A phishing effort focusing on Canadian banks has been identified with a money order Point motors. The crusade includes making several carbon copy spaces of various banks including Royal Bank of Canada (RBC), Scotiabank, Wells Fargo, CIBC and TD Canada Trust. On account of RBC, the assaults are co...