JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.

U.S. stocks ripped higher after an encouraging update on U.S. inflation.

A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America.

U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports.

Central Floridians are being encouraged to report if their home or property was damaged during Hurricane Milton.

Hurricane Milton continues to wreak havoc in Florida.

Hurricane Milton continues to wreak havoc in Florida.

Signs of consumers slowing down spending and falling behind on their bills weighed down shares of the big banks on Friday.

Phone call appeared to come from Chase customer service

Taylor Pendrith took advantage of Ben Kohles’ final-hole meltdown to win the CJ Cup Byron Nelson on Sunday for his first PGA Tour title.

Big banks warned of an uncertain year ahead after mixed financial results during the first quarter in an environment of stubbornly high inflation and geopolitical clashes in Europe, the Middle East and elsewhere.

U.S. stocks fell sharply following a mixed start to earnings reporting season.

The Biden administration is easing its restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals.

Food inflation is still around in the U.S., but good job growth and somewhat negligible price hikes for popular party foods will make for a more affordable Super Bowl than we’ve had in recent years.

Employees at a Wells Fargo bank in New Mexico have voted to unionize, the first time that workers at a major U.S. bank have attempted to organize in the modern era.

A long-time Wells Fargo business account holder is the latest victim of unauthorized withdrawals and transfers totaling just under $150,000.

A Winter Park man said his bank refused to issue funds stolen from his business account because he did not report the fraudulent ACH, or Automated Clearing House Entry, within the mandated 24-hour time frame.

A Winter Park man said his bank refused to issue funds stolen from his business account because he did not report the fraudulent ACH, or Automated Clearing House Entry, within the mandated 24-hour time frame.

U.S. stocks mostly fell after getting pulled in opposite directions by competing waves of optimism and fear.

If you are reading this, chances are a cyberthief has already tried to lure you into a social media or smart phone text message trap.

Wells Fargo says profits jumped 57% in the second quarter thanks to higher interest rates and loan balances.

One of Central Florida’s biggest banking companies is laying off more than 100 employees in Orlando.

Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders.

The nation’s largest banks appear to be weathering the current turmoil in their industry just fine.

A suspected Leesburg bank robber was caught Monday with a “large quantity of U.S. currency” and was placed under arrest.

A fire investigator is looking into what caused a fire at the Wells Fargo building in downtown DeLand Wednesday night.

Wells Fargo’s profit for the fourth quarter came in ahead of Wall Street’s targets but were about half of what it earned last year as the bank had to pay another $3.3 billion in fines and penalties to settle numerous scandals from recent years.

Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking accounts.

Percentage change of food at home outpaced food away from home in ‘21, CPI data shows

Bank of America’s profits fell by 8% in the third quarter as the bank set aside cash to cover potential loan losses.

Wells Fargo easily beat Wall Street’s third-quarter revenue forecasts as higher interest rates helped offset a steep decline in home lending.

An 81-year-old retired Florida couple’s seven-month fight to prove their Wells Fargo savings account had been “burglarized” in the amount of nearly $60,000 ended with the funds being reimbursed.

A man accused of robbing a Wells Fargo bank Monday morning was arrested during a foot chase, according to the Belleview Police Department.

Wells Fargo, the nation’s largest mortgage lender, saw its second-quarter revenue and profit decline as rising interest rates pushed people out of the housing market.

Altamonte Springs police are searching for a man in connection with a robbery at a Wells Fargo bank Friday afternoon.

Four big banks reported noticeable declines in their first quarter profits on Thursday, as the volatile markets and war in Ukraine caused dealmaking to dry up and a slowdown in the housing market caused the mortgage market to slow.

Wells Fargo easily beat Wall Street expectations for the fourth quarter with interest rates beginning to take off, likely another boost for the nation’s largest mortgage lender going forward.

Home construction fell a sharp 7% in July as home builders struggled to cope with a variety of headwinds.

Environmental and tribal groups opposed to Enbridge Energy’s ongoing effort to replace its aging Line 3 crude oil pipeline are planning large protests in northern Minnesota as the Canadian-based company gears up for a final construction push.

ORLANDO, Fla. – Wells Fargo and Chase bank customers will not receive their stimulus payments until mid-week at the earliest. Wells Fargo and JPMorgan Chase told customers the $1,400 direct payments would not be processed until at least Wednesday, drawing the anger of many, especially since some people started receiving their money on Friday. Wells Fargo said it would provide all of the direct deposits “according to the effective date provided by the U.S. Treasury,” and added that it’s not holding onto the money. In a statement to FOX Business, Wells Fargo spokesperson Jim Seitz said the government will release the money in multiple phases, meaning not everyone will receive their check at the same time. AdIndividuals can again check the status of their stimulus checks via the IRS’s “Get My Payment” tool.

Wells reported revenue of $18.86 billion in the quarter, also down from last year's third quarter when it took in $22 billion. Wells set aside $769 million in the third quarter for loan loss provisions, which is the money set aside to cover potentially bad loans. Wells Fargo lost $2.4 billion in the second quarter, the first quarterly loss for the bank since the real estate crash of 2008. Wells Fargo said its net interest income was $9.4 billion, down $2.3 billion from last year's period. On top of the difficulties presented by the virus pandemic, Wells has been in seemingly constant trouble with regulators for years.

Stocks are pulling slightly higher in the early going on Wall Street, Wednesday, Oct. 14, as investors pore over another batch of earnings reports from big U.S. companies. (AP Photo/John Minchillo, File)Asian stocks followed Wall Street lower on Thursday as hopes U.S. leaders will agree on a new economic stimulus before the Nov. 3 presidential election faded. The Shanghai Composite Index lost 0.1% to 3,337.51 and the Nikkei 225 in Tokyo fell 0.5% to 23,517.63. On Wall Street, companies that rely on consumer spending, banks and technology and communication stocks bore the brunt of the selling. Wells Fargo dropped 6% after its earnings were lower than Wall Street expected.

FILE - In this March 10, 2020 file photo, Wells Fargo CEO and President Charles Scharf is seated before he testifies during a hearing of the House Financial Services Committee, on Capitol Hill, in Washington. (AP Photo/Alex Brandon, File)NEW YORK – Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made suggesting it is difficult to find qualified Black executives in the financial industry. Scharf said in a memo to employees “there is a very limited pool of Black talent to recruit from” in corporate America. “Perhaps it is the CEO of Wells Fargo who lacks the talent to recruit Black workers,” said Rep. Alexandra Ocasio-Cortez of New York, on Twitter. The last prominent African American to serve as CEO at a large financial services company was Kenneth Chenault, the former CEO of American Express.

WASHINGTON – The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday. By purchasing the loans, the Fed would create an incentive for the banks to engage in more lending. Otherwise, when banks make a loan, they are typically required to hold some cash in reserve in the case of default. Because of the bank’s prior scandals, Wells Fargo is under restraints from the Federal Reserve on how many loans it can hold on its books. Many smaller banks have complained that they have had trouble accessing the lending program, according to the ICBA.

ORLANDO, Fla. – Shots were fired outside an Orlando pizza restaurant, causing a woman to have a panic attack, according to police. The bullet also cracked the glass of a window at the Morgan & Morgan law offices on the 14th floor of the Wells Fargo building. The shooting happened around 2:30 a.m. Tuesday outside Planet Pizza near the intersection of Washington Street and Orange Avenue in downtown Orlando. "We know know it is foreseeable. Some people who visit downtown Orlando for the night life said they feel safe.