Wells Fargo stock drops after US regulator issues enforcement …
WEBSep 12, 2024 · The Office of the Comptroller of the Currency, a top banking regulator in the United States, said Thursday it has issued an enforcement action against Wells Fargo due to deficiencies in its...
Wells Fargo Sends Fed a Crucial Review for Lifting Asset Cap
WEBSep 26, 2024 · (Bloomberg) -- Wells Fargo & Co. has entered a key new phase of its almost seven-year effort to escape a Federal Reserve cap on its assets, a punishment that has become the most feared in...
Wells Fargo Newsroom - Home
WEBRead the latest Wells Fargo news from our press room & social channels, get access to media kits, media resources and set up newsroom alerts»
Wells Fargo is selling off billions of dollars in commercial ... - CNN
WEBAug 20, 2024 · CNN — Wells Fargo is set to sell the majority of its commercial mortgage servicing business to global loan services provider Trimont, the companies said Tuesday. The move would make Trimont the...
Newly freed from federal restrictions, Wells Fargo agrees to shore …
WEBSep 13, 2024 · Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal controls related to suspicious activity and money laundering.
Wells Fargo’s $125 Million Fine For Employees Using Personal ... - Forbes
WEBAug 8, 2023 · Wells Fargo will pay $125 million in fines to the Securities and Exchange Commission after employees were found to be using personal text messages and emails to conduct business that legally ...
Wells Fargo Newsroom - News releases
WEBSearch Wells Fargo news releases from the past 7 years to stay informed on Wells Fargo initiatives, org updates & quarterly financial results
US regulator eases restrictions on Wells Fargo | AP News
WEBFeb 16, 2024 · The Biden administration is easing its restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals.
Wells Fargo fired a dozen people accused of faking keyboard strokes - CNN
WEBJun 14, 2024 · Wells Fargo has spent years trying to improve its internal controls following a fake-accounts scandal that cost the bank billions of dollars and serious reputational damage.
Wells Fargo CEO warns of severance costs as layoffs loom
WEBDec 5, 2023 · Wells Fargo, the fourth-biggest U.S. bank by assets, was already among the most active in laying off workers this year, thanks in part to its retrenchment from the mortgage arena. The bank has...