Two Republican U.S.
senators defended themselves on Friday against heavy criticism,
including calls that they resign, for selling large amounts of
stock before the coronavirus-induced market meltdown and after
closed-door briefings on the outbreak.
Wells Fargo & Co said on Friday
it is suspending residential property foreclosure sales,
evictions and involuntary automobile repossessions due to the
The bank also said it is temporarily closing some branches,
adjusting operating hours of other branches and relocating
employees, while also increasing its charitable donations to
U.S. financial services
firms and their staff must be designated as "essential" to keep
markets functioning as more Americans stay home to mitigate the
spread of the coronavirus, a leading financial industry trade
group said on Friday.