wells fargo

US-India remittance partnership formed


June 19th, 2012 - 2:39 pm ICT by IANS
Washington, June 19 (IANS) A leading US financial services firm, Wells Fargo & Company, has joined hands with India's HDFC Bank to start a US-India remittance service. Under an agreement ... Read more...

Posted in Business |

US banks see moderate economic growth with risks


June 9th, 2012 - 1:15 pm ICT by IANS
Washington, June 9 (IANS) The US economy will continue to grow at a moderate pace, with ongoing downside risks from Europe and the looming "fiscal cliff", said the American Bankers ... Read more...

Posted in Business |

US stocks flat as Europe debt fears linger (Lead)


February 28th, 2012 - 7:58 am ICT by IANS
New York, Feb 28 (IANS) US stocks ended flat Monday as positive US housing sales data offset the lingering European debt concerns, Xinhua reported.The Dow Jones industrial average was trading ... Read more...

Posted in Business |

Hyderabad to host biggest corporate cycling event


January 23rd, 2012 - 10:02 pm ICT by IANS
Hyderabad, Jan 23 (IANS) Over 3,000 employees of various MNCs in Hyderabad will participate in the Republic Ride-2012, being billed as India's biggest corporate cycling event.Hyderabad-based Atlanta Trust along with ... Read more...

Posted in Business |

US builder confidence edges up for fourth month


January 19th, 2012 - 3:05 pm ICT by IANS
Washington, Jan 19 (IANS) US builder confidence index in the market for newly built, single-family homes in January increased four points to 25, a leading industry report showed Wednesday.The fresh ... Read more...

Posted in Business |

Man returned to beer after bank robbery


December 23rd, 2011 - 11:08 pm ICT by Aishwarya Bhatt
Port Richey, Fla., Dec 23 (THAINDIAN NEWS) A robber returned to his beer at a bar just moments after he had robbed a bank nearby. Sheriffs say the 52-year-old suspect was identified ... Read more...

Posted in Odd news |

S&P; slashes top US banks’ credit ratings


November 30th, 2011 - 1:33 pm ICT by IANS
New York, Nov 30 (IANS) Standard & Poors Ratings Services said Tuesday it has slashed top US banks' ratings as part of a process of "applying its new ratings criteria ... Read more...

Posted in Business |

Wall Street ends mixed despite EU optimism


November 30th, 2011 - 5:50 am ICT by IANS
New York, Nov 30 (IANS) The US stocks ended mixed Tuesday despite optimism over euro zone meetings and better-than-expected Italian bond auction, Xinhua reported.Tuesday's move came after Monday's rally, in ... Read more...

Posted in Business |

US homebuilder confidence up in November


November 17th, 2011 - 2:11 pm ICT by IANS
Washington, Nov 17 (IANS) US homebuilder confidence for newly built, single-family homes climbed in November to the highest level since May 2010, a nationwide industry report has revealed.The nation's homebuilder ... Read more...

Posted in Business |

30 corporate giants paid no US taxes in 3 years: Report


November 4th, 2011 - 11:50 am ICT by IANS
New York, Nov 4 (IANS/EFE) Thirty of the 280 most profitable US corporations, including General Electric, Verizon and Boeing, paid no federal income tax in 2008-10, Citizens for Tax Justice ... Read more...

Posted in Business |

Bank of America cancels debit card fees


November 2nd, 2011 - 12:17 am ICT by Aishwarya Bhatt
Washington, Nov 1 (THAINDIAN NEWS) Bank of America has canceled its debit card fees. The bank announced that the decision was influenced by the request of the numerous customers. The bank’s decision ... Read more...

Posted in Business |

US stocks tumble over European concerns


October 18th, 2011 - 5:37 am ICT by IANS
New York, Oct 18 (IANS) US stocks tumbled Monday, with major indexes suffering biggest losses in two weeks, as worries on European debt problems once again weighed on the market, ... Read more...

Posted in Business |

Vikram Pandit: ‘Occupy Wall Street’ sentiments understandable


October 13th, 2011 - 11:24 am ICT by IANS
Washington, Oct 13 (IANS) Banking giant Citigroup's Indian American CEO Vikram Pandit thinks the sentiments of the Occupy Wall Street protesters are "completely understandable" as US economy recovery fell short ... Read more...

Posted in Business |

Wells Fargo to charge $3 fee per month for debit cards


August 17th, 2011 - 11:06 pm ICT by Aishwarya Bhatt
Washington, Aug 17 (THAINDIAN NEWS) Wells Fargo has rolled out a new program to charge customers in five States $3 every month for debit card use. The financial institution has subsequently sent ... Read more...

Posted in Business |

Stock market surges back


August 12th, 2011 - 1:04 am ICT by Aishwarya Bhatt
New York, Aug 11 (THAINDIAN NEWS) The US stock market opened on Thursday fairly better than it did on Wednesday. The Dow Jones Industrial Average recovered from the record losses it made ... Read more...

Posted in Business |

Top 20 cash-rich American companies (To go with: US wallows in debt but its firms hoard $2 trillion in cash)


August 8th, 2011 - 11:40 am ICT by IANS
Washington, Aug 8 (IANS) Here is the Standard and Poor's list of top 20 US companies sitting on $1.4 trillion in cash, even as the debt-ridden world's largest economy had ... Read more...

Posted in Business |

US wallows in debt but its firms hoard $2 trillion in cash


August 8th, 2011 - 11:29 am ICT by IANS
Washington, Aug 8 (IANS) Corporate America led by Citibank, headed by Indian American chief executive Vikram Pandit, is sitting on a colossal $2 trillion in cash. Of this, $1.4 ... Read more...

Posted in World |

US busts major drug ring run by three Indians


August 5th, 2011 - 7:25 pm ICT by IANS
Washington, Aug 5 (IANS) Three smugglers from India are among a group of five busted in what has been dubbed 'Operation Liquid Dragon', one of the biggest ephedrine rings operated ... Read more...

Posted in World |

Kanye West & Jay Z announce their tour dates


July 26th, 2011 - 1:23 am ICT by Aishwarya Bhatt
Los Angeles, July 25 (THAINDIAN NEWS) Jay Z and Kanye West have officially announced their tour dates. Under the name of Throne, the duo announced that tickets of their September tour will ... Read more...

Posted in Entertainment |

Banks join race for online payments


May 25th, 2011 - 10:34 pm ICT by Aishwarya Bhatt
New York, May 25 (THAINDIAN NEWS) Banks in the United States are finding ways to meet the expectations of consumers and that includes how they receive and make payments. On Wednesday, three ... Read more...

Posted in Technology Industry News |

Puerto Rican militant arrested after 25 years on the run


May 11th, 2011 - 8:15 am ICT by IANS
San Juan, May 11 (IANS/EFE) A militant Puerto Rican independence activist, wanted in connection with a 1983 armoured-car robbery, was arrested Tuesday in Puerto Rico, the FBI said.Norberto Gonzalez Claudio, ... Read more...

Posted in World |

Injured Tiger Woods pulls out of Wells Fargo Championship


April 27th, 2011 - 5:47 pm ICT by ANI
Washington, Apr 27(ANI): American golfer Tiger Woods has been ruled out of next week's Wells Fargo Championship in Charlotte, North Carolina, because of a minor injury to his left knee and ... Read more...

Posted in World |

Texas bank robber shows 2 IDs while robbing


March 16th, 2011 - 11:35 pm ICT by Aishwarya Bhatt
Dallas, Mar 16 (THAINDIAN NEWS) A bank robber was dumb enough to oblige when a teller told him to show his ID. He did not only show an ID, in fact he ... Read more...

Posted in Odd news |

Daughter of Malcom X charged with fraud and stealing personal identification information


February 23rd, 2011 - 5:43 am ICT by BNO News
QUEENS, NEW YORK (BNO NEWS) -- Malikah Shabazz, the youngest daughter of late activist Malcom X, on Tuesday was charged with fraud and stealing personal identification information in Queens, New York, prosecutors ... Read more...

Posted in World News |

Research By Wells Fargo Determines That A Greater Part Of The American Populace Expects To Work Through Retirement


December 9th, 2010 - 10:16 pm ICT by Pen Men At Work
December 9, 2010 (Pen Men at Work): A poll printed on Wednesday by Wells Fargo has mentioned that a preponderance of the Americans expects to work through their retirement years since their ... Read more...

Posted in Business |

Americans Might Have To Work Through Retirement, Survey Reveals


December 9th, 2010 - 8:31 pm ICT by GD
By Gina Gomez Dec 9, (THAINDIAN NEWS) Wells Fargo & Company has recently come up with a survey that states that most of the Americans would likely have to work in their retirement ... Read more...

Posted in World |

Warren Buffet’s 2010 Regulatory Filing Unveils Surprise Moves


November 17th, 2010 - 12:17 am ICT by Angela Kaye Mason
Nov 16 (THAINDIAN NEWS) While the eighty year old chairman Warren Buffett is known for making multi-million dollar bets on stocks, his regulatory filing for the year 2010 shows quite a ... Read more...

Posted in Business |

Warren Buffett Vends Stakes In Carmax, Home Depot And Republic As Per His 2010 Regulatory Filing


November 16th, 2010 - 8:47 pm ICT by Pen Men At Work
November 16, 2010 (Pen Men at Work): The 80-year-old Warren Buffett, one of the world’s most renowned stock pickers, is referred to as the ‘Oracle of Omaha’, whose decisions are analyzed ... Read more...

Posted in Business |

Justin Bieber Rocks Philadelphia


November 16th, 2010 - 8:23 pm ICT by GD
By Madhuri Dey Nov 16, (THAINDIAN NEWS) 16 year old teen sensation Justin Bieber just left another mark of his popularity once again, in Philadelphia, on Sunday night, as he performed at the ... Read more...

Posted in Entertainment |

New Recruit At Berkshire Likely To Be Buffett’s Successor


October 26th, 2010 - 7:03 pm ICT by Pen Men At Work
October 26, 2010 (Pen Men at Work): Berkshire Hathaway known as BRK.A in short was rife with the rumors of Warren Buffett grooming his successor. The rumors started circulating after a ... Read more...

Posted in Business |

Wells Fargo used robo-signers for foreclosures


October 16th, 2010 - 12:18 am ICT by Aishwarya Bhatt
Minnesota, Oct 15 (THAINDIAN NEWS) It seems Wells Fargo does not see the need to halt its ongoing foreclosures like other financial institutions in the United States have done.Most banks and financial ... Read more...

Posted in Business |

David Tepper, Founder Of Appaloosa Management Reaping Gold


September 25th, 2010 - 7:26 pm ICT by GD
By Gina Gomez, Sep 25, (THAINDIAN NEWS) David Tepper, the founder of Appaloosa management could not have been happier. He has appeared at 62nd position on the Forbes 400 money list which has ... Read more...

Posted in Business |

E-Mail Virus Lures Users With Porn Bait, Wrecks Havoc In Internet


September 12th, 2010 - 9:34 pm ICT by GD
By Ranjan Bhaduri Sep 12, (THAINDIAN NEWS) A new email virus is affecting millions of users worldwide as leading anti virus firms have reported. The email is using the age old trick of ... Read more...

Posted in Technology Industry News |

‘Here You Have’ Virus Spreading Through Email


September 10th, 2010 - 8:10 pm ICT by GD
By Ranjan Bhaduri Sep 10, (THAINDIAN NEWS) In a new development that has sent shock waves in the IT industry a new email virus is spreading infection in numerous parts of the world. ... Read more...

Posted in Technology Industry News |

Chicago Based Shorebank Fails, Gets Bought By Investors


August 21st, 2010 - 7:36 pm ICT by GD
By Ranjan Bhaduri Chicago, Aug 21, (THAINDIAN NEWS) ShoreBank, based in Chicago which became popular for giving loans to those customers who would not get loans anywhere else for decades, failed on Friday. ... Read more...

Posted in Business |

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