wells fargo

Congress Blasts Former Wells Fargo Bosses Over Resignations

Congress Blasts Former Wells Fargo Bosses Over Resignations
Congress Blasts Former Wells Fargo Bosses Over Resignations
March 11, 2020  |  Bank Regulation

The recent resignations of Wells Fargo board Chairman Elizabeth Duke and board member James Quigley drew criticism by Congress during the first hearing on Capitol...

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Trump Gathers Bank Leaders To Take Temperature On Coronavirus
Trump Gathers Bank Leaders To Take Temperature On Coronavirus
March 10, 2020  |  Economy

U.S. President Donald Trump has asked top bankers to attend a meeting regarding the coronavirus outbreak, as leaders worldwide try to assess the damage to...

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Lawmakers Grill Wells CEO On Account Scandals
Lawmakers Grill Wells CEO On Account Scandals
March 10, 2020  |  Legal & Regulation

Just a bit more than four months into his tenure at the helm of Wells Fargo, new CEO Charlie Scharf faced pointed questioning from lawmakers...

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Wells Fargo Chair Quits Before Testimony
Wells Fargo Chair Quits Before Testimony
March 09, 2020  |  Bank Regulation

Wells Fargo Board of Directors Chair Elizabeth Duke has resigned days before she was scheduled to testify at a congressional hearing about the bank, according...

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Today In Payments: Car Sales Down 80 Pct In China; Wells Fargo Gives Apple Pay Users $5 At ATMs
Today In Payments: Car Sales Down 80 Pct In China; Wells Fargo Gives Apple Pay...
March 05, 2020  |  News

In today’s top payments news, car sales in China plummeted 80 percent last month due to the coronavirus outbreak, and Wells Fargo will give customers...

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Wells Fargo Gives Apple Pay Users $5 At ATMs
Wells Fargo Gives Apple Pay Users $5 At ATMs
March 05, 2020  |  Apple Pay

Wells Fargo customers who use the Apple Pay card at its ATMs will get a $5 bonus, reports indicated on Thursday (March 5). Get the...

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Fifth Third Faces CFPB Probe Over Fake Accounts
Fifth Third Faces CFPB Probe Over Fake Accounts
March 04, 2020  |  Bank Regulation

Fifth Third Bank said it’s facing enforcement action from the Consumer Financial Protection Bureau (CFPB) over alleged openings of unauthorized accounts. Get the Full Story...

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Today In Payments: Ant Financial Acquires Stake In Klarna; Coronavirus Crippling $1.7T Tourism Sector
Today In Payments: Ant Financial Acquires Stake In Klarna; Coronavirus Crippling $1.7T Tourism Sector
March 04, 2020  |  News

In today’s top payments news, Ant Financial has acquired a minority stake in FinTech Klarna, the coronavirus has crippled the $1.7 trillion global tourism industry,...

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