wells fargo

Wells Fargo’s Earnings May Change With Potential $1B Penalty

Wells Fargo’s Earnings May Change With Potential $1B Penalty
Wells Fargo’s Earnings May Change With Potential $1B Penalty
April 13, 2018  |  Bank Regulation

As regulators seek to impose a $1 billion penalty on Wells Fargo over mortgage fees and car insurance, the bank said on Friday (April 13) that...

READ MORE >
Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
April 10, 2018  |  News

Wells Fargo is expanding the review of its auto products and the services it finances after customers purchase a vehicle at an auto dealership. Get the...

READ MORE >
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

READ MORE >
Wells Fargo Planning Corporate Banking Shakeup
Wells Fargo Planning Corporate Banking Shakeup
April 06, 2018  |  B2B Payments

Wells Fargo is looking at its corporate banking operations to consolidate and reduce costs, according to reports from The Wall Street Journal and Reuters on Thursday (April...

READ MORE >
Wells Fargo Divests Payroll Assets
Wells Fargo Divests Payroll Assets
April 03, 2018  |  B2B Payments

Wells Fargo reached an agreement to sell assets of its Business Payroll Services unit to Asure Software, the companies said in a press release on Monday...

READ MORE >
Red Flags Raised Over Potential NY Fed Appointment
Red Flags Raised Over Potential NY Fed Appointment
March 28, 2018  |  Personnel

John C. Williams, the president of the Federal Reserve Bank of San Francisco, is reportedly being tapped to replace the retiring president of the New...

READ MORE >
Wells Fargo Predatory Lending Lawsuit Allowed to Proceed
Wells Fargo Predatory Lending Lawsuit Allowed to Proceed
March 28, 2018  |  Legal & Regulation

A federal judge has ruled that a lawsuit against Wells Fargo & Co. can proceed. Get the Full Story Complete the form to unlock this...

READ MORE >
Wells Fargo Overhauling Risk Management Processes
Wells Fargo Overhauling Risk Management Processes
March 26, 2018  |  Bank Regulation

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally...

READ MORE >