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Wells Fargo close to roughly $3 billion settlement that would end probes into sales practices
Brendan McDermid/Reuters Wells Fargo is nearing a deal with federal prosecutors that would settle a years-long investigation into the bank's sales practices in its banking, auto lending, and mortgage divisions, The New York Times reported. .....»»
CBJ Morning Buzz: Wells Fargo said to be nearing settlement with feds; New stores at Concord Mills; Feud erupts between NoDa artists, business
A settlement could be revealed soon involving Wells Fargo & Co. and federal authorities looking into abusive practices in the company's banking, auto-lending and mortgage businesses, according to a report from The New York Times. The newspaper n.....»»
Reports: Wells Fargo to be fined $1B as early as Friday
The New York Times and other news outlets are reporting that federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses......»»
Wells Fargo ordered to pay $97M to California mortgage bankers, LA Times says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Richard Branson Suspends Talks on Saudi Arabian Space Investments Over Missing Journalist and Government Critic
Ariana Huffington and The New York Times are cutting ties, too. .....»»
The Best Breakfast Sandwich in Every State Everyone Should Try
“It is a hero among sandwiches, although it is not the one called a hero,” wrote critic Pete Wells in the New York Times several years ago. He was talking about the breakfast sandwich, an........»»
California Water Service downgraded to Underweight at Wells Fargo
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Ray Dalio"s hedge fund unloaded its stake in Tesla and poured millions into Goldman Sachs and JPMorgan in the 4th-quarter
Other new financial bets Dalio took on included Wells Fargo, Bank of New York Mellon,.....»»
Retail could take a hit as winter storms hinder store traffic, e-commerce delivery times
Wells Fargo analysts are forecasting a February retail slowdown due to a number of factors including t.....»»
Why former Wells Fargo CEO Dick Kovacevich is following the U-Haul index to see where California"s exodus is going
“It’s California’s high personal income tax rate that’s fueling the exodus," the former CEO said......»»
Amid Bay Area exodus, will Wells Fargo, Uber or Chevron’s headquarters be next to go?
With Oracle moving its headquarters to Texas, there’s a growing sense that it’s only a matter of time before another major Bay Area company takes its head office out of California......»»
BofA, U.S. Bank say most of their PPP loans were to small businesses
Bank of America, Wells Fargo Bank and U.S. Bank report that the vast majority of their Paycheck Protection Program lending is going to small businesses in California and nationwide......»»
The New York Post: The US Open might move to Indian Wells in California and play in November
The Indian Wells Tennis Garden is home to a 16,100-seat outdoor stadium, which is the second-largest of its kind, behind only Arthur Ashe Stadium in Flushing, N.Y......»»
Why a Wells Fargo HQ relocation from S.F. to Charlotte could be a timely move
Could Charlotte or New York be the new corporate center for Wells Fargo in the wake of the Covid-19 crisis?.....»»
Take This to the Bank: An Interview With Michael DeVito, EVP and Head of Wells Fargo Home Lending
In these unprecedented times, there’s a lot of m.....»»
Wells Fargo sued over SBA PPP loan processing
Wells Fargo & Co. is being sued by two California companies over how it prioritized processing loan applications for the U.S. Small Business Administration's Paycheck Protection Program. The suit by the two companies, filed in federal court in Los Angeles.....»»
Wells Fargo sued over PPP lending
Wells Fargo has been sued by two California companies over how it prioritized processing loan applications for the SBA Paycheck Protection Program. The suit by the two companies, filed April 19 in federal court in Los Angeles, seeks class-action stat.....»»
Wells Fargo asks Fed to lift cap on growth to support customers: FT
Wells Fargo & Co has asked the U.S. Federal Reserve to remove an asset cap introduced during its accounts scandal in order to allow it to support businesses and customers hit by the coronavirus economic fallout, the Financial Times reported......»»
Wells Fargo suspends residential property foreclosure sales, evictions
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Musk Folds: Tesla Suspends Production At California, New York Factories
Musk Folds: Tesla Suspends Production At California, New York Factories Up.....»»