- Wells Fargo says it's experiencing a nationwide issue related to its online banking and mobile app.
Wells Fargo customers are reporting outages in banking services that affect mobile banking and ATMs Thursday morning after smoke was discovered at one of their facilities, according to the bank.
An hour after the initial tweet, the company said they were experiencing a "systems issue" and apologized for the inconvenience, but did not say how long systems would be down.
For some customers, the Thursday outage evoked a sense of deja vu, as Wells Fargo experienced similar issues a week ago.
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Users took to Twitter to report the outage. As of 10 a.m., online banking services remained unavailable.
The company on Twitter apologized to its customers and asked for patience while it once again sorted out the issue.
Robert W. Baird reaffirmed a "buy" rating and issued a $59.00 price target on shares of Wells Fargo & Co in a report on Wednesday, January 2nd.
Many customers are upset because Friday is the most-used pay day by employers and many customers are expecting their IRS income tax refund direct deposits.
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Anthony Pompliano, Founder and Partner at Morgan Creek, said in a twee that Bitcoin never shuts down, after mentioning that Wells Fargo's system is shut down.
At this time, it's unclear about the scope and breadth of the problem or how many customers or locations were affected.
A television station in Montana reported the outage was related to a fire at a Wells Fargo srver farm in the Minneapolis suburb of Shoreview, MN.
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