Advertisements


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 price target lowered to $46 from $48 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: theflyonthewallMay 21st, 2019

Longtime Wells Fargo leader leaves Nashville post

Sam Belk is stepping down today from his post as Wells Fargo’s local leader, Nashville Post reports. Belk, executive vice president and division manager of Wells Fargo’s middle-market banking Mid-South Division, has worked for the bank since .....»»

Category: topSource: bizjournalsMay 17th, 2019

Wells Fargo CEO search hobbled by pay limitations: sources

Wells Fargo & Co's hunt for a new CEO is being impeded by limits on how much the bank can pay its next leader, a person close to the search and several industry insiders told Reuters......»»

Category: topSource: reutersMay 10th, 2019

Wells Fargo creates new role at bank to ensure compliance, FT 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 8th, 2019

Wells Fargo expects more remediation on deposit accounts as legal costs rise

Wells Fargo & Co. (NYSE: WFC) is investigating two issues with its consumer deposit accounts — both of which will likely come with payouts to regulators and/or those affected. The bank said it is reviewing past disclosures to customers about the .....»»

Category: topSource: bizjournalsMay 5th, 2019

Warren Buffett says Wells Fargo made "big mistakes"

Billionaire Warren Buffett, whose Berkshire Hathaway Inc is Wells Fargo & Co's largest shareholder, on Saturday signaled no shift in his support for the bank despite several scandals it has faced......»»

Category: topSource: reutersMay 4th, 2019

"Frauds, Criminals": Hecklers Thrown Out Of Wells Investor Meeting For Screaming At Interim CEO

Wells Fargo interim CEO Allen Parker has barely been in the C-suite a month, and he's already being forced to confront the lingering resentment over the bank's many consumer abuses - from o.....»»

Category: blogSource: zerohedgeApr 23rd, 2019

An Update on Wells Fargo

Some thoughts on the bank following 1st-quarter resultsRelated Stocks: WFC,.....»»

Category: worldSource: nytApr 23rd, 2019

Analysts See Well Fargo (NYSE:WFC) as ‘Dead Money’

$WFC Wells Fargo & Co. (NYSE:WFC) shares are extending Friday’s declines in Monday pre-market trading, as analyst downgrades pile on after the bank lowered its net interest income forecast. Firms cutting their rati.....»»

Category: topSource: livetradingnewsApr 16th, 2019

PM CAPITAL Ltd Buys Wells Fargo, Southern Copper Corp, Sells Ares Management Corp, Bank of ...

Related Stocks: WFC, SCCO, ARES,.....»»

Category: worldSource: nytApr 16th, 2019

Wells Fargo price target lowered to $48 from $54 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 15th, 2019

Even a good quarter isn"t enough to make investors love Wells Fargo

With a former general counsel running the bank after two CEOs abruptly quit in three years, "It isn't good to see a bank without an official leader," said one analyst......»»

Category: topSource: moneycentralApr 13th, 2019