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The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
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Settlement offers loan modifications through Wells Fargo

Washington residents who obtained problematic mortgages from Wachovia Bank and Golden West Corp., which did business as World Savings Bank, may qualify for loan modifications under a settlement with Wells Fargo Bank.

CdA Wells Fargo robbed; suspect flees on bicycle

The Wells Fargo Bank at 114 E. Appleway in Coeur d’Alene was robbed about 6 p.m. today. According to Coeur d’Alene Police Sgt. Christie Wood, a man walked into the bank, indicated he had a gun, took an undisclosed amount of cash, then left the scene on a gray, three-speed bicycle.

Four Wells Fargo Financial stores to close in area

Three Wells Fargo Financial stores in Spokane and one in Coeur d’Alene will close in September as part of a Wells Fargo & Co. restructuring. The company is closing all 638 of its financial stores and ending the origination of non-prime mortgage loans that it keeps in its portfolio.

Wells Fargo confident, but analysts have doubts

NEW YORK – Wells Fargo says it sees signs of recovery in its loan business. But the big bank may be more of an exception than a leading indicator that the economy is improving.

After bailout, banks rethinking spending

Cries for post-bailout accountability resounded at the biggest banks Tuesday, as Citigroup Inc. issued a 43-page defense of its lending, a consumer group lashed Bank of America Corp. for throwing a $10 million Super Bowl bash and Wells Fargo & Co. canceled plans to fete its top mortgage salespeople in Las Vegas. The complaints raised questions likely to be asked frequently as more government help for companies is doled out. For example, can a bank answer to congressional committees as well as its regular shareholders? And how much should banks alter their marketing in a highly charged political environment?