Banking

Wells Fargo will soon lay off hundreds of employees in Hillsboro and Salem. Though headquartered in San Francisco, its global operations business has offices in Hillsboro, Portland and Salem, all expected to shut down by the end of 2025.

Experts say difficulties in prosecuting spousal identity theft means victims are often steered to civil court to seek justice.

Credit unions in Oregon are warning of a scam that involves imposter text messages. The texts look legit, and can be tricky since people often respond quickly to texts.

A surge in robberies at licensed cannabis shops is helping fuel a renewed push for federal banking reforms that would make the cash-dependent stores a less appealing target.

Marijuana businesses face some significant challenges when it comes to banking, leading many to operate cash-only businesses. But solutions could be on the horizon.