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Exclusive: Wells Fargo board weighs keeping interim CEO in place - sources

Wells Fargo & Co board members are considering keeping interim Chief Executive Allen Parker in the job permanently even after saying they would seek an outsider to fill the role, according to two sources familiar with the board's thinking......»»

Category: topSource: reutersJun 5th, 2019

Possible Mexican retaliatory tariff list excludes U.S. corn -sources

Mexican President Andres Manuel Lopez Obrador has received an official list of U.S. products, excluding corn, that could be subject to retaliatory tariffs if duties threatened by the Trump administration take effect, officials said Wednesday......»»

Category: topSource: reutersJun 5th, 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

Exclusive: Wells Fargo taps headhunter Spencer Stuart to find new CEO - sources

Wells Fargo & Co's board has retained executive search firm Spencer Stuart to hunt for a new chief executive, ideally a woman who can tackle its regulatory and public perception issues, two people familiar with the matter said......»»

Category: topSource: reutersApr 26th, 2019

AP sources: US to sanction nations for importing Iranian oil

The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran......»»

Category: topSource: foxnewsApr 21st, 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

CFPB: "All options on table" for enforcing Wells Fargo order

The U.S. Consumer Financial Protection Bureau has told Congress that "all options are on the table" for enforcing a 2018 consent order against Wells Fargo, raising the prospect of potential future penalties or other sanctions against the bank......»»

Category: topSource: moneycentralApr 9th, 2019

U.S. consumer watchdog says "all options on table" for enforcing Wells Fargo order

The U.S. Consumer Financial Protection Bureau (CFPB) has told Congress that "all options are on the table" for enforcing a 2018 consent order against Wells Fargo, raising the prospect of potential future penalties or other sanctions against the bank......»»

Category: topSource: reutersApr 9th, 2019

Factbox: Five challenges in store for Wells Fargo"s next CEO

Wells Fargo & Co's board started its official search for a new chief executive officer on Friday after announcing the abrupt departure of CEO Tim Sloan a day earlier......»»

Category: topSource: reutersMar 29th, 2019

Trump tweet reversing North Korea sanctions has had no impact on the ground, Pentagon official says

President Donald Trump said last week in a tweet he had ordered the withdrawal of sanctions against North Korea. But nothing has happened, a Pentagon official said Wednesday......»»

Category: topSource: marketwatchMar 27th, 2019

Principal Financial close to Wells Fargo retirement unit acquisition-sources

Principal Financial Group Inc is in advanced talks to acquire Wells Fargo & Co's retirement plan services business, in a deal that could exceed $1 billion, people familiar with the matter said on Sunday......»»

Category: topSource: reutersMar 17th, 2019

U.S. considers sanctions to restrict Visa, Mastercard in Venezuela: official

The United States is considering imposing financial sanctions that could prohibit Visa Inc , Mastercard Inc and other financial institutions from processing transactions in Venezuela, a senior Trump administration official said on Thursday......»»

Category: topSource: reutersMar 14th, 2019

U.S. considering sanctions to restrict Visa, Mastercard in Venezuela: official

The United States is considering imposing financial sanctions that could prohibit Visa, Mastercard and other financial institutions from processing transactions in Venezuela, a senior Trump administration official said on Thursday......»»

Category: topSource: reutersMar 14th, 2019

U.S. to fine Wells Fargo $1 billion — the most aggressive bank penalty of the Trump era

The anticipated action involves the megabank’s treatment of car loans and mortgages......»»

Category: topSource: washpostApr 19th, 2018

Trump puts the brakes on new Russia sanctions: official

The White House has pushed back fresh measures against Moscow, in a move that appears to walk back comments made by U.S. Ambassador to the United Nations Nikki Haley over the weekend. Dhruv Tikekar reports......»»

Category: videoSource: reutersApr 17th, 2018

Report: Wells Fargo faces federal fine of up to $1 billion for alleged consumer abuses

Wells Fargo & Co. will be subject to a record fine as high as $1 billion for auto insurance and mortgage lending abuses, according to a report from Reuters.  Citing what it says are three sources familiar with this situation, the news service said .....»»

Category: topSource: bizjournalsApr 9th, 2018

Feds seek record fine against Wells Fargo for abuses

The U.S. consumer watchdog is seeking a record fine against Wells Fargo & Co for auto insurance and mortgage lending abuses that could exceed several hundred million dollars, according to three sources with knowledge of the plans......»»

Category: topSource: moneycentralApr 9th, 2018

Feds seek record fine against Wells Fargo for abuses

The U.S. consumer watchdog is seeking a record fine against Wells Fargo & Co for auto insurance and mortgage lending abuses that could exceed several hundred million dollars, according to three sources with knowledge of the plans......»»

Category: topSource: moneycentralApr 9th, 2018

Exclusive: U.S. watchdog seeks record fine against Wells Fargo for abuses - sources

WASHINGTON (R.....»»

Category: topSource: reutersApr 9th, 2018

CFPB Planning Record Fine Against Wells Fargo For Mortgage Lending, Auto Insurance Abuses

President Donald Trump has apparently kept his promise that the Consumer Financial Protection Bureau, under the leadership of OMB Director Mick Mu.....»»

Category: blogSource: zerohedgeApr 9th, 2018