Wells Fargo suspends two execs in light of federal investigation

Executives at Wells Fargo & Co. are bullish on the economy moving into the rest of 2021. Driving that outlook is increased consumer spending and promising credit quality largely due to federal assistance......»»

Executives at Wells Fargo are bullish on the economy moving into the rest of 2021. Driving that outlook is increased consumer spending and promising credit quality largely due to federal assistance......»»

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. .....»»

Several former Wells Fargo & Co. senior executives are under criminal investigation resulting from the bank’s fake-accounts scandal, trade publication American Banker reported, citing unnamed sources. According to the report, federal prosecutors.....»»

Several former Wells Fargo & Co. senior executives are under criminal investigation resulting from the bank’s fake-accounts scandal, trade publication American Banker reported, citing unnamed sources. According to the report, federal prosecutors.....»»

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.....»»

The Office of the Comptroller of the Currency is asking for additional penalties from three former Wells Fargo & Co. executives, according to recent court filings......»»

Wells Fargo called for the creation of Federal Election Day as a national holiday to highlight the importance of the right to vote. Such a holiday could also make it easier for more Americans to vote. “Wells Fargo supports the right of eve.....»»

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.....»»

Wells Fargo & Co (NYSE: WFC) seems poised to benefit from the estimated 19% growth in the Federal Reserve’s balance sheet in 2021, which is driving deposit growth in the banking sector, according to BofA Securities. Latest .....»»

Wells Fargo & Co. can do better. That was one message CEO Charlie Scharf had for investors on Friday after releasing fourth-quarter results......»»

Wells Fargo & Co. can do better. That was one message CEO Charlie Scharf had for investors on Friday after releasing fourth-quarter results......»»

Federal regulators have ended a 2015 consent order against Wells Fargo & Co., correcting problems with its anti-money laundering procedures......»»

Federal regulators have ended a 2015 consent order against Wells Fargo & Co., correcting problems with its anti-money laundering procedures......»»

The Fed is limiting dividends and share buybacks in the first quarter based on a bank's income over the past year. Here's what that means for shareholders......»»

On CNBC's "Mad Money Lightning Round," Jim Cramer said he believes in Charlie Scharf, the CEO of Wells Fargo & Co (NYSE: WFC). (The Federal Reserve Board gave banks the greenlight to restart read more.....»»

Federal and state agencies are looking into Well Fargo & Co.'s lending through the U.S. Small Business Administration's Paycheck Protection Program, the bank said in a filing Tuesday. San Francisco-based Wells Fargo (NYSE: WFC) also said it’s f.....»»

Federal and state officials are examining the bank's lending practices under the Paycheck Protection Program......»»

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.....»»

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.....»»