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Wells Fargo jumps as the bank reportedly gets Federal Reserve approval for overhaul plan

Wells Fargo stock climbed after a Bloomberg report the lender is moving closer to the Fed taking away an asset cap that has hurt the lender's growth. A Wells Fargo ATM machine sits in Los Angeles. Reuters Wells Fargo stock hit a high.....»»

Category: dealsSource: nytFeb 17th, 2021

Wells Fargo up 5% after Bloomberg report points to progress with Fed

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: theflyonthewallFeb 17th, 2021

Ameriprise, CI mull bids for Wells Fargo asset management unit, Bloomberg 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.....»»

Category: blogSource: theflyonthewallDec 14th, 2020

Ameriprise, CI mull bids for Wells Fargo asset management unit, Bloomberg 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.....»»

Category: blogSource: theflyonthewallDec 14th, 2020

Wells Fargo submits over 100,000 SBA relief applications, Bloomberg 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.....»»

Category: blogSource: theflyonthewallApr 28th, 2020

JPMorgan, Wells Fargo among banks sued over SBA loan handling, Bloomberg 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.....»»

Category: blogSource: theflyonthewallApr 20th, 2020

Wells Fargo taps former JPMorgan Chase exec for key role in Charlotte

Wells Fargo CEO Charlie Scharf is rebuilding the bank's leadership team as the bank seeks to recover from its fake account scandal......»»

Category: topSource: bizjournalsApr 17th, 2020

Exclusive: Another former JPMorgan Chase executive takes key role at Wells Fargo

Wells Fargo CEO Charlie Scharf is rebuilding the bank's leadership team as the bank seeks to recover from its fake account scandal......»»

Category: topSource: bizjournalsApr 17th, 2020

Exclusive: Wells Fargo names another former JPMorgan Chase executive for key role

Wells Fargo CEO Charlie Scharf is rebuilding the bank's leadership team as the bank seeks to recover from its fake account scandal......»»

Category: topSource: bizjournalsApr 17th, 2020

Wells Fargo: Credit card spending fell 15% in March amid pandemic

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 14th, 2020

Wells Fargo"s outraged small business customers call for boycott, litigation and regulatory relief

“Why should loyal Wells Fargo customers get a double whammy — the prior fake-account scandal and now not being able to apply for a PPP loan?” asked one of the bank's small business customers......»»

Category: topSource: bizjournalsApr 7th, 2020

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......»»

Category: topSource: reutersMar 21st, 2020

Fifth Third Bank is facing similar allegations to Wells Fargo"s accounts scandal

This story was delivered to Business Insider Intelligence Banking subscribers earlier this morning. To get this story plus others to your inbox each .....»»

Category: topSource: businessinsiderMar 12th, 2020

Wells Fargo limits U.S. employee air travel amid coronavirus, Bloomberg 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: theflyonthewallMar 5th, 2020

One of area"s largest banks agrees to $3B settlement over sales scandal

Wells Fargo & Co. — the third-largest bank in Central Florida — has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The settlement resolves criminal and civil inv.....»»

Category: topSource: bizjournalsFeb 24th, 2020

Wells Fargo agrees to $3B settlement over sales scandal

Wells Fargo & Co. (NYSE: WFC) has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The settlement resolves criminal and civil investigations into faulty sales prac.....»»

Category: topSource: bizjournalsFeb 23rd, 2020

Wells Fargo to pay $3 bln for fake accounts

Wells Fargo reached a settlement Friday for a massive fake account scandal, in which it admitted to guilt and agreed to pay $3 billion to the Justice Department and Securities and Exchange Commission. Conway G. Gittens details the official announcement......»»

Category: videoSource: reutersFeb 21st, 2020

Wells Fargo settles fake-account scandal for $3 billion

Wells Fargo & Co. said .....»»

Category: topSource: marketwatchFeb 21st, 2020

Wells Fargo reaches $3 billion settlement with DOJ, SEC over fake-accounts scandal

The settlement addresses systemic consumer abuses sparked by the bank’s admission in 2016 that it had opened millions of fake accounts customers didn’t want......»»

Category: topSource: washpostFeb 21st, 2020

Wells Fargo to pay $3 billion to U.S., admits pressuring workers in fake-accounts scandal

Wells Fargo & Co .....»»

Category: topSource: reutersFeb 21st, 2020