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Top related persons:
Wells - 1 Trina Thompson - 1 Thompson - 1 Charlie Scharf - 1 Wells Fargo - 1 Kirsten Donovan - 1
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San Francisco Francisco Manhattan Wells Northern District Northern District of California
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U.S - 1 New York Times - 1 SEB Investment - 1 Wells Fargo & Co - 1 Court - 1 Northern District of - 1 Thomson - 1

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3 mentions found


☆ Wells Fargo defeats shareholder lawsuit over fake job interviews
  + stars: | 2023-08-21 | by ( Jonathan Stempel | ) www.reuters.com   time to read: +2 min
The plaintiffs in the proposed class action must "allege more than that the sham interviews were an open secret," Thompson wrote. "While Wells Fargo's history provides some context for the allegedly misleading statements, it is not sufficient to confer [intent to defraud]." Wells Fargo did not immediately respond to similar requests. The plaintiffs had claimed that San Francisco-based Wells Fargo inflated its stock price through nine public statements discussing its "diverse slates" guidelines. The case is SEB Investment Management AB et al v Wells Fargo & Co, U.S. District Court, Northern District of California, No.
Persons: Wells, Trina Thompson, Thompson, Charlie Scharf, Wells Fargo, Kirsten Donovan Organizations: U.S, New York Times, SEB Investment, Wells Fargo & Co, Court, Northern District of, Thomson Locations: San Francisco, Francisco, Manhattan, Wells, Northern District, Northern District of California
☆ Shares and bonds ride high after soothing euro zone data
  + stars: | 2023-03-31 | by ( Marc Jones | ) www.reuters.com   time to read: +6 min
Government bonds have gained as much as 5%, gold is 8% higher, while oil is down and the dollar has barely budged. The euro zone inflation numbers showed consumer prices rising 6.9% in March after an 8.5% increase in February, representing the sharpest deceleration since Eurostat started collecting data in 1991. Japan's Nikkei (.N225) also jumped 1% on Friday，as inflation data for the capital Tokyo highlighted broadening price pressures. The euro , which hit a one-week high against the dollar overnight on sticky German inflation data, dipped back under $1.09 again after the euro zone data but was still set for a 3% monthly rise. U.S. crude futures were flat at $74.40 per barrel, while Brent crude futures slipped 0.1% to $78.52 per barrel.
☆ Ukraine yet to make defence a safe investor haven
  + stars: | 2023-02-20 | by ( Lisa Jucca | ) www.reuters.com   time to read: +6 min
MUNICH, Feb 20 (Reuters Breakingviews) - The West’s rush to supply weapons to war-torn Ukraine looks like a golden opportunity for defence companies to exit the ESG doghouse. As with air-polluting coal, socially-minded investors including pension funds and insurers - particularly European ones - have long excluded or heavily restricted investment in defence companies on ethical grounds. Risk committees, particularly at domestic banks, are now more frequently assessing the merits of financing defence companies, two senior bankers among the 850 or so conference participants said. Proponents of the approach argue military companies that help Ukraine perform a globally valuable social function by upholding democracy. The Munich Security Index, a global risk perceptions survey conducted before the conference, showed security concerns had replaced climate challenges as the top concern.
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