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U.S. bank regulator will vet next Wells Fargo CEO

A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan......»»

Category: topSource: reutersMay 15th, 2019

U.S. bank regulator charges ex-Wells Fargo executives for role in sales scandal

Wells Fargo & Co's U.S. regulator on Thu.....»»

Category: topSource: reutersJan 23rd, 2020

Bank regulator charges ex-Wells Fargo executives for role in sales scandal

Wells Fargo & Co's regulator.....»»

Category: topSource: reutersJan 23rd, 2020

Ex-Wells Fargo executives face civil charges, multimillion-dollar fines from U.S. bank regulator

A U.S. bank regulator announced Thursday that several senior former Wells Fargo executives face potential lifetime industry bans and millions of dollars in civil penalties for their roles in the bank's long-running sales practices scandal......»»

Category: topSource: reutersJan 23rd, 2020

A bank regulator said he was tough on Wells Fargo. Elizabeth Warren was not impressed

Wells Fargo has struggled to convince lawmakers and regulators that it has fixed the corporate culture that led to various consumer abuses......»»

Category: topSource: washpostMay 16th, 2019

A bank regulator said he was tough on Wells Fargo. Sen. Warren was not impressed.

Wells Fargo has struggled to convince lawmakers and regulators that it has fixed the corporate culture that led to various consumer abuses......»»

Category: topSource: washpostMay 16th, 2019

Wells Fargo"s next CEO to be vetted by U.S. bank regulator, Reuters reports

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.....»»

Category: blogSource: theflyonthewallMay 15th, 2019

U.S. bank regulator will vet next Wells Fargo CEO

A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan......»»

Category: topSource: reutersMay 15th, 2019

Phony bank accounts not a "systemic" issue: U.S. regulator

WASHINGTON (Reuters) - A U.S. bank regulator said on Thursday that an industry-wide review prompted by Wells Fargo & Co's sales practices scandal had uncovered some instances of phony accounts at other lenders but little evidence of a "systemic" problem......»»

Category: topSource: reutersJun 7th, 2018

Phony bank accounts not a "systemic" issue: U.S. regulator

A U.S. bank regulator said on Thursday that an industry-wide review prompted by Wells Fargo & Co's sales practices scandal had uncovered some instances of phony accounts at other lenders but little evidence of a "systemic" problem......»»

Category: topSource: moneycentralJun 7th, 2018

Wells Fargo not the only bank to have created unauthorized accounts — but regulator won"t identify others

A federal bank regulator that has fined Wells F.....»»

Category: topSource: latimesJun 8th, 2018

Top regulator for Wells Fargo says not satisfied with the bank

Wells Fargo & Co has not satisfied U.S. regulators that the bank is doing enough to pay 600,000 drivers who were wrongly pushed into buying auto insurance, a leading bank regulator said on Tuesday......»»

Category: topSource: reutersOct 2nd, 2018

Wells Fargo has not done enough to refund cheated drivers: regulator

Wells Fargo & Co has not convinced U.S. regulators it is doing enough to repay 600,000 drivers who were wrongly pushed into buying auto insurance, a leading bank regulator said on Tuesday......»»

Category: topSource: reutersOct 2nd, 2018

Wells Fargo downgraded by UBS as analysts say bank now trades at premium to many rivals

Wells Fargo was downgraded to neutral from buy, though its price target was increased from $.....»»

Category: topSource: marketwatchMay 19th, 2021

PPP loan data reveals which Philadelphia-area banks did the most lending in 2021

A bank based in Berks County with just $18 billion in assets churned out more PPP loans than Chase, Wells Fargo or Bank of America......»»

Category: topSource: bizjournalsMay 11th, 2021

Wells Fargo overhauls top-tier checking accounts, to the dismay of some affluent customers

The bank will no longer consider mortgage and credit card balances to qualify for benefits and fee waivers in its checking accounts popular with affluent customers......»»

Category: topSource: bizjournalsApr 26th, 2021

Wells Fargo overhauls top-tier checking accounts, to the dismay of some affluent customers

The bank will no longer consider mortgage and credit card balances to qualify for benefits and fee waivers in its checking accounts popular with the affluent......»»

Category: topSource: bizjournalsApr 26th, 2021

Wells Fargo price target raised to $48 from $45 at Deutsche Bank

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.....»»

Category: blogSource: theflyonthewallApr 26th, 2021

Wells Fargo closing 24 more branches, including two in Montgomery County

The bank has filed to shutter 138 locations so far this year, keeping it on pace for its planned reduction of 250 locations in 2021......»»

Category: topSource: bizjournalsApr 20th, 2021

Wells Fargo CEO talks candidly about the bank’s woes and challenges

It’s the kind of talk one expects a CEO to share with his direct reports behind closed doors — not publicly on an earnings call......»»

Category: topSource: bizjournalsApr 16th, 2021

Wells Fargo CEO talks candidly about the bank’s challenges

“The way we look at it internally is ‘we’re in the game,' but we’re not at all a market leader in terms of what our digital capabilities are,” CEO Charlie Scharf said......»»

Category: topSource: bizjournalsApr 15th, 2021