Wells Fargo stock slips into the weekend as fresh SEC filings and Fed week loom
Wells Fargo shares fell 1.23% to $86.96 Friday, closing about 11% below their January peak. The bank outlined a proposed $110 million settlement in a shareholder lawsuit tied to mortgage and hiring practices, pending court approval. Wells Fargo also issued $8 billion in new notes across four maturities. The KBW Nasdaq Regional Banking Index dropped 3%.