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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

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 closed company"s accounts, but fees mounted

Xavier Einaudi did not want to wait for Wells Fargo to send him a check. The bank informed Mr. Einaudi that it was closing all 13 of the checking accounts it provided his roofing company, CRV Constru.....»»

Category: topSource: moneycentralAug 16th, 2019

Wells Fargo closed company"s accounts, but fees mounted

Xavier Einaudi did not want to wait for Wells Fargo to send him a check. The bank informed Mr. Einaudi that it was closing all 13 of the checking accounts it provided his roofing company, CRV Constru.....»»

Category: topSource: moneycentralAug 16th, 2019

Wells Fargo closed their accounts, but the fees continued to mount

Xavier Einaudi did not want to wait for Wells Fargo to send him a check. The bank informed Mr. Einaudi that it was closing all 13 of the checking accounts it provided his roofing company, CRV Constru.....»»

Category: topSource: moneycentralAug 16th, 2019

Wells Fargo closed their accounts, but the fees continued to mount

Xavier Einaudi did not want to wait for Wells Fargo to send him a check. The bank informed Mr. Einaudi that it was closing all 13 of the checking accounts it provided his roofing company, CRV Constru.....»»

Category: topSource: moneycentralAug 16th, 2019

Leon Cooperman’s Top 5 Buys in the 2nd Quarter

Omega family office chairman discloses stake in Berkshire bank Wells Fargo as yield curve invertsCheck out Leon Cooperman Stock Picks » .....»»

Category: smallbizSource: nytAug 14th, 2019

Keystone Financial Planning, Inc. Buys 3M Co, Wells Fargo, Bank of New York Mellon Corp, Sells ...

Related Stocks: MMM, WFC, BK, ITW,.....»»

Category: smallbizSource: nytAug 5th, 2019

Wells Fargo revamps leadership of key operations

San Francisco-based Wells Fargo shuffled executives in its consumer banking and wealth management units as the bank seeks to recover from a series of scandals. Wells Fargo's interim CEO Allen Parker acknowledged in a statement that the moves are des.....»»

Category: topSource: bizjournalsAug 1st, 2019

Why Warren Buffett Doubled Down on BofA Even More Over Wells Fargo

Warren Buffett is buying even more Bank of America shares even after a big rally, and the purchases appear to be at the expense of Wells Fargo (and maybe even JPMorgan Chase)......»»

Category: blogSource: 247wallstJul 28th, 2019

"Fast Money" Traders Share Their Thoughts On Zions Bank Downgrade

On CNBC's "Fast Money Halftime Report," traders spoke about Zions Bancorporation (NASDAQ: ZION) getting a downgrade from both Wells Fargo and KBW after its earnings miss. read more.....»»

Category: blogSource: benzingaJul 23rd, 2019

Well Fargo raises dividend

Wells Fargo & Co. said late Tuesday its board of directors approved a 13% dividend increase to 51 cents a share, payable Sept. 1 to stockholders of record Aug. 9. The board also increased the bank's stock buyback program by an additional 350 millio.....»»

Category: topSource: marketwatchJul 23rd, 2019

Ycg, Llc Buys Wells Fargo, Bank of America Corporation, JPMorgan Chase, Sells TD Ameritrade ...

Related Stocks: WFC, JPM, BK, CTSH, BAC, MB01, SYY, CHRW, TMK, AMTD,.....»»

Category: personnelSource: nytJul 23rd, 2019

Wells Fargo tempers cost-cutting outlook

Wells Fargo & Co reported higher quarterly earnings on Tuesday, due in part to lower expenses, but the bank reined in its outlook for cost cuts to invest in improving its risk management......»»

Category: topSource: reutersJul 16th, 2019