U.S. to fine Wells Fargo $1 billion for misdeeds in auto, mortgage markets

The bank disclosed it is in settlement talks with regulators. Wells Fargo's first-quarter results, report.....»»

Wells Fargo may pay a $1 billion penalty for forcing customers into car insurance and charging mortgage borrowers unfair fees......»»

The lender is faulted for auto insurance and mortgage lending abuses......»»

Wells Fargo & Co. could face fines of sever.....»»

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......»»

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......»»

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

Wells Fargo has agreed to pay $2.09 billion in penalty to settle claims related to mortgage loans originated in the run-up to the financial crisis......»»

Wells Fargo has agreed to pay a $2.09 billion fine for issuing mortgage loans it knew contained incorrect income information, the Justice Department announced Wednesday......»»

Wells Fargo has agreed to pay $2.09 billion in penalty to settle claims related to mortgage loans originated in the run-up to the financial crisis......»»

Wells Fargo has agreed to pay $2.09 billion in penalty to settle claims related to mortgage loans originated in the run-up to the financial crisis......»»

San Francisco-based Wells Fargo agreed to pay a fine of $2.09 billion to the Justice Department for allegedly originating and selling residential mortgages that the bank knew contained incorrect information on borrowers’ incomes and did not meet.....»»

The fine comes as Wells Fargo struggles to repair its image after admitting to consumer abuses. The company reached a $3 billion settlement with the Justice Department and the SEC last week for opening millions of accounts without customers’ consent......»»

A settlement could be revealed soon involving Wells Fargo & Co. and federal authorities looking into abusive practices in the company's banking, auto-lending and mortgage businesses, according to a report from The New York Times. The newspaper n.....»»

General Electric will pay a civil penalty.....»»

U.S. retirement plan administrator Principal Financial Group said on Tuesday it would buy Wells Fargo & Co's retirement plan services business for $1.2 billion, as it seeks a larger presence in markets serving mid-sized companies......»»

Regulators should stop treating bank executives like the rest of the population. Wells Fargo settled with U.S. regulators last week, agreeing to pay a $1 billion fine for harmin.....»»

SIG analyst Jack Micenko on Monday cut his estimates for per-share earnings for Wells Fargo & Co. in the wake of the Friday announcement that the b.....»»

The government has handed down a $1 billion penalty t.....»»

Wells Fargo agreed .....»»