Talk:Wells Fargo

message: The info box says it was founded in 1929 when the history in the article clearly says it was founded in 1852.  How can the date of 1929 be justified as it's start date as it already existed prior to that?
BenW (talk)
 unsigned comment added by 2A02:810D:9C0:5784:5C38:7A6A:4D7F:4405 (talk) 12:45, 22 April 2021 (UTC)
thread_title: Contradiction between history and info box

message: I'm not sure I've ever added anything to a talk page before, so please excuse any procedural error.
I came to the page to learn about the subject subsidiary, which came to my attention because Wells Fargo Home Mortgage "sold" my mortgage to Wells Fargo National Bank West ...which has the same URL as the main bank, and I wanted to understand what the difference was. There is no mention of the subsidiary on the page. Thus, I'd like to encourage anyone with expertise in WF to add a section on this, and perhaps any other subsidiaries to WF that aren't mentioned, and hopefully "why" they would want to shuffle things around like this. I did my refi with WFHM with the assurance that "Wells Fargo does not sell its mortgages," so the disclaimer in their letter to me that "It's a very common practice for mortgage lenders to sell mortgages...." pissed me right off!
The Bloomberg profile is very sketchy: https://www.bloomberg.com/profile/company/412504Z:US
Thanks much.
RCassingham (talk) 20:10, 24 September 2021 (UTC)
thread_title:  Wells Fargo National Bank West 

message: I suggest clarifying this statement, as it current communicates ambiguity, inaccuracy, and misinterpretation: 
Wells Fargo has provided more than $10 billion in financing for environmentally beneficial business opportunities, including supporting commercial-scale solar photovoltaic projects and utility-scale wind projects nationwide.[87]
[87] footnote links to "Wells Fargo surpasses $10 billion in tax-equity financing of renewable energy projects". Wells Fargo. February 25, 2021.
Wells Fargo & Company does not clarify their tax-equity financing mechanism. Per https://www.everycrsreport.com/reports/R45693.html "The term tax equity investment describes transactions that pair the tax credits or other tax benefits generated by a qualifying physical investment with the capital financing associated with that investment......  A tax equity investor's return depends on the price paid per credit and associated benefits the investor secures in exchange. In the simplest case, the only benefit the investor receives from the credits is the ability to reduce their tax liability. For example, consider a project that will cost $1.5 million to complete and that will generate $1 million in federal tax credits that its owner is seeking to sell to finance the upfront cost of the project. An outside investor has agreed to contribute 90 cents in equity financing in exchange for each $1.00 of tax credit. Thus, the investor pays (contributes in capital) $900,000 in exchange for $1 million in tax credits. The net return to the investor is $100,000 (in reduced taxes), or 11.1% ($100,000 divided by $900,000)"
In this scenario, and without company details on the structures of the agreements, Wells Fargo & Company could be gaining more than $10 billion in tax credits, which would save the company revenue versus the misconstrued statement that the company has provided financing without any benefit. The original statement is accurate, but connotes a non-reciprocal action taken by a benefactor.  Laraku05 (talk) 15:09, 12 February 2022 (UTC)
thread_title:  Ambiguity under Environmental Record 

message: Large content deletions performed today need a serious look. Perhaps some of the information needs reorganizing. (Noted here due to not having time to do so myself today.) Lindenfall (talk) 18:39, 25 June 2022 (UTC)
replies: text: Hello Lindenfall. These deletion were performed by me and backed up by policy. Not every deletion of negative material from a firm's page by an IP editor is a "PR clean-up". I appreciate you adding a secondary source to the African-American discrimination issue. I do not understand why you reinstated the September 2021 fine to the lead. Can you please explain what makes this event so important that it has to be in the lead (see WP:SUMMARYSTYLE)? I also do not understand why a Wells Fargo employee settling with the SEC for alleged insider trading has to be covered in this article. The charge was settled for relatively little and the degree of coverage is not such that it makes up for the little intrinsic relevance of the event to Wells Fargo. Cheers, 129.67.116.120 (talk) 19:31, 9 July 2022 (UTC)
replies: text: I believe the pop culture section could be expanded a lot 2620:160:EB08:0:0:0:0:C (talk) 19:07, 11 July 2022 (UTC)
thread_title:  June 25, 2022 content deletions 

message: *“To what extent, in what manner, or if at all, should the Air India urination incident be mentioned on the Wells Fargo article page, as Wells Fargo is mentioned on the Air India page in the context of that incident”:
**Keep as a full subsection under the ‘Lawsuits, fines and controversies’ section, as just the latest of a long string of entries, many of which this incident supersedes in WP:NOTABILITY. As stated above: this incident can be viewed from two different lenses, either an embarrassing or unflattering situation for Wells Fargo, or alternatively seen another way, a flattering scenario to the company, in that they fired the perpetrator as well as publicly made a statement condemning such behavior as not reflecting the company’s values, a statement which many of their stockholders as well as present and/or potential clients would have been exposed to, given such widespread international news coverage of the incident. It also potentially speaks volumes about the company’s hiring protocols and practices and their thresholds for hiring or promoting such individuals to executive positions, who collectively have contributed to all of the issues noted in the lead section. I’m shocked that anyone would consider this to be a non-notable incident, when it obviously meets WP:NOTABILITY criteria, and is certainly no less notable than many of the other incidents described in the body of the article. 
::As I also noted in my edit summaries, this was a felony allegedly committed by one the company’s employees de facto representing the company itself by flying business class, and manifested by the company cooperating with Indian law enforcement, likely by giving info regarding his role and location in the company to help find him on the run, and he was ultimately arrested. This incident has received worldwide coverage including by the BBC and Deutsche Welle, and has been detailed on the Air India page as well, specifically mentioning Wells Fargo.
::Of course a huge proportion of encyclopedic entries on Wikipedia comprise factual events that constituted news at one point or another, especially at the onset. It’s absolutely fallacious for one to even suggest that encyclopedic entries cannot be news as well, as they are not mutually exclusive. I’ve stated in extensive detail above why this incident is indeed a reflective canary in the coal mine of a much larger picture at Wells Fargo, and it is that context which renders this incident encyclopedic. This is an incredibly notable incident that wouldn’t surprise me if over 2 billion people in the world have heard of by now, and there are memes all over the internet, including “Wells-far-to-go”.  It would be be subterfuge and frankly absurd to turn a blind eye and pretend that this very telling incident never happened. Castncoot (talk) 18:56, 10 January 2023 (UTC)
thread_title:  RfC 

message: According to various news outlets, some deposits were reported missing by Wells Fargo customers due to a glitch according to company representatives:
https://www.cnn.com/2023/08/05/business/wells-fargo-says-bank-deposit-glitch-is-resolved/index.html 172.79.200.224 (talk) 04:28, 6 August 2023 (UTC)
thread_title:  Accusations of missing deposits 

message: The Article section "Settlement and fines regarding mortgage servicing practices" contains the following sentence:  
:"On February 9, 2012, it was announced that the five largest mortgage servicers (Ally Financial, Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo) agreed to a settlement with the US Federal Government and 49 states over improper foreclosure practices in the 2010 United States foreclosure crisis, including "robo-signing" (having someone fraudulently sign that they know the contents of a document they do not in fact know) and foreclosing without standing via MERS.[121]"
The link from MERS is to https://en.wikipedia.org/wiki/MERS (Middle East respiratory syndrome).  Maybe the link should be to https://en.wikipedia.org/wiki/Mortgage_Electronic_Registration_Systems.  I will not change the link; someone else could, if appropriate.
(The reference to https://files.consumerfinance.gov/f/documents/cfpb_wells-fargo-na-2022_consent-order_2022-12.pdf is from the Talk section "$160 million fine for aggressive freezing and closing of bank accounts."  Could someone please make that reference stay with its section?  Maybe < ref > is the wrong tag.)Mecanoge (talk) 21:37, 9 August 2023 (UTC)
replies: text: I corrected the wikilink. Nice catch. As for the CFPB reference (#172 looks like), not sure if someone changed it already, but it looks to me to be in the right place? 23impartial (talk) 17:07, 12 November 2023 (UTC)
thread_title:  Incorrect MERS link 

message: Article states "It has 8,050 branches and 13,000 automated teller machines", sourced from 2022 Wells Fargo & Co. Annual Report. The 2 quantities are not in the report. The report says "nearly 4,600 retail bank branches" but no ATM qty. 2600:1702:3790:1520:2574:E811:D774:4308 (talk) 01:59, 8 January 2024 (UTC)
thread_title:  Incorrect branches quantity 

message: nom·i·nal
/ˈnämən(ə)l/
adjective
(of a role or status) existing in name only.
Though the article text claims that Norwest was the nominal survivor, the actual description of the relationship makes it clear that Wells Fargo is the nominal survivor, Barefoot through the chollas (talk) 22:29, 15 February 2024 (UTC)
replies: text: No response, so I've removed the misstatement of "Norwest was the nominal survivor". If the intention was to indicate that the apparent merger was actually acquisition of Wells Fargo by Norwest, that can be stated clearly, as it is in text lower in the article. Barefoot through the chollas (talk) 16:30, 4 March 2024 (UTC)
thread_title:  "While Norwest was the nominal survivor..." 

message: ther is a komma where no , should be! 87.139.184.193 (talk) 11:21, 6 March 2024 (UTC)
replies: text: 084279 190.167.232.199 (talk) 02:59, 2 June 2024 (UTC)
thread_title:  Remove unnecessary , 

message: Contraseña Lisme 2000 190.167.232.199 (talk) 02:57, 2 June 2024 (UTC)
thread_title:  Usuario Lismelis10 

message: Contraseña Lisme 2000084279 190.167.232.199 (talk) 02:58, 2 June 2024 (UTC)
thread_title:  Usuario Lismelis10