Wells Fargo disclosed Thursday (Nov. 3) it is raising the amount of money it set aside for legal fees due to the fake account scandal and added the Securities and Exchange Commission to the growing list of regulators that are looking into its sales practices....
The U.K.-based financial services provider has signed on with 10x Future Technologies, the FinTech startup established by former Barclays Chief Antony Jenkins, to help boost its digital capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Embattled bank Wells Fargo has entered a settlement through which the firm will pay as much as $50 million tied to a racketeering lawsuit that it allegedly overcharged hundreds of thousands of homeowners for appraisals of their homes. Get the Full Story Complete the form...
Sen. Elizabeth Warren (D-MA) has reportedly sent a letter to KPMG, Wells Fargo’s auditor, questioning why the accounting firm did not catch the fake accounts that resulted in $185 million in fines for Wells Fargo. Get the Full Story Complete the form to unlock this...
Chase announced Thursday (Oct. 27) it ranked highest in customer satisfaction among small business owners in the South and West regions, according to the 2016 J.D. Power study released today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Wells Fargo fake account scandal continues to have some far reaching impacts. 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...
Deposit Solutions, the European FinTech company, announced Tuesday (Oct. 25) it has surpassed €1 billion in savings deposits transmitted via the company’s consumer-facing site, ZINSPILOT, as the business prepares for further expansion in Europe in 2017. Get the Full Story Complete the form to unlock...
British banks are planning their escape route in light of the looming Brexit negotiations. Experts say the bigger banks are planning to leave the U.K. in early 2017, while smaller ones could be gone by Christmas. Get the Full Story Complete the form to unlock...
Wells Fargo’s fake account scandal has hurt the financial services company, not only from a reputation standpoint but also from a business perspective, given some states are refusing to do business with the embattled bank. But a new report from SurveyMonkey shows the impact the scandal...
