Wells Fargo stock drops after US regulator issues enforcement …
Sep 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...
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Newly freed from federal restrictions, Wells Fargo agrees to shore …
Sep 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
Aug 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...
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Search Wells Fargo news releases from the past 7 years to stay informed on Wells Fargo initiatives, org updates & quarterly financial results
Wells Fargo's latest regulatory rebuke may prolong asset cap …
Sep 13, 2024 · Wells Fargo operates under a $1.95 trillion asset cap that prevents it from growing until regulators deem it has fixed problems dating back to the fake accounts scandal. It still has eight...
Wells Fargo is selling off billions of dollars in commercial ... - CNN
Aug 20, 2024 · 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...
US regulator eases restrictions on Wells Fargo | AP News
Feb 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 agrees to $3.7 billion federal settlement for ... - NBC News
Dec 20, 2022 · Those are some of the infractions allegedly committed by Wells Fargo that has led the bank to agree to a $3.7 billion settlement with the Consumer Financial Protection Bureau.
Wells Fargo to Pay $3.7 Billion Over Consumer Banking Violations
Dec 20, 2022 · On Tuesday, the bank agreed to pay $1.7 billion in penalties and another $2 billion in damages to settle claims that it engaged in an array of banking violations over the last decade that...