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Wells Fargo

Wells Fargo To Charge $7 Fee In 6 More States

Wells Fargo & Co., the bank with the most U.S. branches, is ending free checking in six eastern U.S. states starting in May, expanding a $7 monthly service fee for the use of its basic checking account.
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HSBC bank branch logo is seen in central London

HSBC Sells Insurance Units for $914M

HSBC announced on Wednesday an agreement to sell its insurance businesses in emerging markets for $914 million in cash, in a continuing effort to offload non-banking assets.

Gulf of Mexico: Is There an Oil and Gas Bonanza?

The U.S. Energy Information Administration believes there are 4 billion barrels of proven reserves of oil within U.S. waters of the Gulf of Mexico and more than 12,000 billion cubic feet of natural gas.
The flags of the European Union and Switzerland flutter in the wind at the Swiss parliament building in Bern

Swiss Parliament Amends Tax Code to Expose U.S. Accounts

Switzerland has a message for Americans looking for tax shelter: Go home. The Swiss Parliament's lower house voted to amend a tax treaty with the U.S. Monday to make American taxpayers with Swiss accounts easier to identify.
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The Agony of Ticketing: Technology Worsens Scalping

With recorded music sales continuing to deteriorate, concerts are an increasingly crucial source of revenue for artists, who have long relied on ticket and merchandise sales for a reliable livelihood. But secondary elements of the industry – labels, promoters and secondary sellers, have sought to wrest a higher percentage of the cut. Additional fees have become the norm for online ticketing, but competition for prime shows has accelerated in the digital age.

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