And the hits keep on coming for Wells Fargo. California has joined in the lawsuit bandwagon, ordering an investigation into claims retail bankers at Wells Fargo signed customers up for life insurance polices without their consent. Get the Full Story Complete the form to unlock...
The lawsuits against Wells Fargo due to the fake account scandal have widened to include more higher-ups in the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
This year hasn’t been the best for banking and financial services company Wells Fargo. Earlier this year, news broke that federal prosecutors were investigating the as many as 2 million sham customer accounts Wells Fargo admitted holding, which led to a $185 million fine levied...
Canadian banks are increasingly turning to the U.S. market, issuing $6.8 billion asset-backed securities during 2016 alone, based on data compiled by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Wells Fargo still expects to spend millions of dollars due to various investigations and regulatory inquiries about the company’s fake account scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The top executives at JPMorgan Chase and Bank of America said trading activity during the current fourth quarter is trending higher and sounded a positive note heading into the new year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It’s not easy being big. Or being big and regulated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
FinTech companies are getting support from the Office of the Comptroller of the Currency, the main banking regulator, which wants to give FinTechs a charter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wells Fargo customers got support from two Democrat lawmakers, who want consumers to be able to sue the bank in court over the fake account scandal rather than go through private arbitration. Get the Full Story Complete the form to unlock this article and enjoy...
