Wells Fargo Stock Tumbles
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Wells Fargo is expanding its healthcare team within its commercial bank and aims to hire more people at a time when the $1.95 trillion asset cap on the bank has been lifted. In 2025, the size of the team grew by more than 30% as it added more than five employees across the country.
FARGO (KFGO) – Essentia Health on 32nd Avenue S. was locked down for a short time Wednesday morning. Police Capt. Matt Christensen says at 7:34 a.m., Fargo Police received a report of a threatening phone call. Christensen says police do not believe there is a threat to the public.
Investors are eager to learn more about the bank’s growth plans and priorities since the Fed's punitive asset cap has been lifted.
Wells Fargo's profit rose in the second quarter as it set aside less money to shield for potential bad loans. Shares of the San Francisco, California-based bank fell 2.7% in premarket trading as the lender cut its expectation for annual interest income.
FARGO (KFGO) – Another person has been sentenced for his part in the assault of a man who was left severely injured in a beating in downtown Fargo in April of last year. Esiquio Hernandez pleaded guilty to two counts related to the 2024 assault and another last month.
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A parade of department heads placed expenses on the cutting room floor for consideration, ranging from simple landscaping services to massive changes to the services available to Fargo residents.
The Fargo Police department says they have found the man responsible for sending the Essentia Hospital Fargo campus into a lockdown on July 16.
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Another man has been sentenced for his part in a beating that left a man severely injured in downtown Fargo in April 2024. In a plea deal, 27-year-old Esiquio Hernandez pleaded guilty to two counts of aggravated assault and had charges of robbery and accomplice to aggravated assualt dropped.
Police initially arrested Alexander Anderson's girlfriend for murder in the hours after he was stabbed. After a lengthy investigation, they say the case will be soon be closed as a suicide.
Three top US banks will hand over more than $100 million to settle a lawsuit related to the collapse of a multi-billion-dollar investment firm.