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Wells Fargo Settles Federal Claims for $1 Billion

Wells Fargo has settled complaints from the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency for a total of $1 billion in penalties. The settlement had a........»»

Category: blogSource: 247wallstApr 20th, 2018

Wells Fargo Caps Its Participation In Fed Small Business Lending

Wells Fargo & Co. (NYSE: WFC) restricted its contribution to $10 billion in the Federal government small business rescue program due to regulatory constraints. read more.....»»

Category: blogSource: benzingaApr 6th, 2020

Wells Fargo stops taking small-business loan applications

Move by nation's No. 1 small business lender to cap total loans at $10 billion could hamper new federal relief program......»»

Category: topSource: moneycentralApr 6th, 2020

For Wells Fargo and former executives, $3 billion-deal with U.S. may not be the end

Although Wells Fargo & Co settled major probes with federal agencies over abusive sales practices last week, the bank and its former executives are not out of the woods yet, legal and regulatory experts said......»»

Category: topSource: reutersFeb 25th, 2020

Wells Fargo to pay $3B settlement for violating antifraud rules, resolving fake account probes

Wells Fargo has agreed to pay $3 billion to settle claims related to its creation of millions .....»»

Category: topSource: usatodayFeb 21st, 2020

Wells Fargo settles fake-account scandal for $3 billion

Wells Fargo & Co. said .....»»

Category: topSource: marketwatchFeb 21st, 2020

Wells Fargo settles SEC, DOJ probes for $3 billion

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchFeb 21st, 2020

Wells Fargo close to roughly $3 billion settlement that would end probes into sales practices

Brendan McDermid/Reuters Wells Fargo is nearing a deal with federal prosecutors that would settle a years-long investigation into the bank's sales practices in its banking, auto lending, and mortgage divisions, The New York Times reported. .....»»

Category: topSource: businessinsiderFeb 21st, 2020

Wells Fargo Nears Deal Around $3 Billion to End Probes

Wells Fargo & Co. is poised to pay roughly $3 billion to settle federal investigations into a range of consumer abuses that were rampant at the bank for years, according to a person with direct knowledge of the matter......»»

Category: topSource: moneycentralFeb 21st, 2020

Wells Fargo fined $1B for mortgage, auto lending abuses

Wells Fargo is being fined a combined $1 billion by two federal regulators for abuses tied to its mortgage and auto lending businesses......»»

Category: topSource: foxnewsApr 20th, 2018

Wells Fargo agrees to pay $1 billion to settle customer abuses

(Reuters) - Wells Fargo & Co has agreed to pay $1 billion in penalties to federal regulators to settle a probe into abuses at its auto and mortgage businesses, the bank and regulators said on Friday, confirming an earlier Reuters report......»»

Category: topSource: business-standardApr 20th, 2018

Wells Fargo agrees to $1 billion settlement with feds

The "Squawk on the Street" crew talks about Wells Fargo's agreement to settle with federal regulators, and whether the "punishment" was overdone......»»

Category: topSource: moneycentralApr 20th, 2018

Capitol Report: Here’s what Wells Fargo did to trigger a $1 billion fine

Unlike many of the scandals that have triggered billion-dollar penalties, the problems that triggered a 10-figure federal government settlement for Wells Fargo don’t appear to have colorful emails or trader messages describing bad behavior......»»

Category: topSource: marketwatchApr 20th, 2018

Wells Fargo agrees to pay $1 billion to settle customer abuses

(Reuters) - Wells Fargo & Co has agreed to pay $1 billion in penalties to federal regulators to settle a probe into abuses at its auto and mortgage businesses, the bank and regulators said on Friday, confirming an earlier Reuters report......»»

Category: topSource: reutersApr 20th, 2018

Wells Fargo fined $1 billion by regulators to settle auto-loan, mortgage abuses

The bank agreed to a $1 billion settlement with federal regulators related to auto-loan and mortgage pract.....»»

Category: topSource: usatodayApr 20th, 2018

Wells Fargo to pay $1 billion in fines over auto, mortgage lending abuses

Federal regulators slapped Wells Fargo & Co. wi.....»»

Category: topSource: latimesApr 20th, 2018

Wells Fargo fined $1 billion for insurance and mortgage abuses

Two federal regulators are fining Wells Fargo $1 billion for forcing customers into car insurance and charging mortgage borrowers unfair fees......»»

Category: topSource: cnnApr 20th, 2018

Reports: Wells Fargo to be fined $1B as early as Friday

The New York Times and other news outlets are reporting that federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses......»»

Category: topSource: foxnewsApr 19th, 2018

Wells Fargo said to be target of $1 billion US fine

Two federal regulators are expected to penalize the bank for its alleged misconduct, people familiar with the action said......»»

Category: topSource: moneycentralApr 19th, 2018

Wells Fargo said to be target of $1 billion US fine

Two federal regulators are expected to penalize the bank for its alleged misconduct, people familiar with the action said......»»

Category: topSource: moneycentralApr 19th, 2018

Wells Fargo faces record fine for abuses - source

Embattled bank Wells Fargo facing yet another penalty. A source telling Reuters Thursday that federal regulators are getting ready to slap a billion dollar penalty on the bank for a variety of alleged misdeeds......»»

Category: videoSource: reutersApr 19th, 2018