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Wells Fargo overhauls top-tier checking accounts, to the dismay of some affluent customers

The bank will no longer consider mortgage and credit card balances to qualify for benefits and fee waivers in its checking accounts popular with affluent customers......»»

Category: topSource: bizjournalsApr 26th, 2021

Wells Fargo overhauls top-tier checking accounts, to the dismay of some affluent customers

The bank will no longer consider mortgage and credit card balances to qualify for benefits and fee waivers in its checking accounts popular with the affluent......»»

Category: topSource: bizjournalsApr 26th, 2021

Wells Fargo shifts into PPP damage control, tells clients it’s still preparing their applications as SBA relief runs out of money

Wells Fargo said Thursday that it will continue working on its small business customers’ SBA Paycheck Protection Program applications even as the $350 billion SBA relief program ran out of money Thursday. The bank plans to have the applications re.....»»

Category: topSource: bizjournalsApr 16th, 2020

Wells Fargo shifts to PPP damage control, tells clients it’s still preparing applications as SBA relief runs out of money

Wells Fargo said Thursday that it will continue working on its small business customers’ SBA Paycheck Protection Program applications even as the $350 billion SBA relief program ran out of money Thursday. The bank plans to have the applications r.....»»

Category: topSource: bizjournalsApr 16th, 2020

Wells Fargo To Pay $35M For Recommending High Risk Investments To Vulnerable Clients

The United States Securities and Exchange Commission has ordered Wells Fargo & Company (NYSE: WFC) to pay $35 million in compensation to some of the bank's clients. read more.....»»

Category: blogSource: benzingaFeb 28th, 2020

Wells Fargo to pay $35M to settle lawsuit on risky ETF recommendations

Wells Fargo & Co. agreed to pay $35 million to settle regulatory claims that its financial advisers recommended exchange-traded funds that were too risky for some clients......»»

Category: topSource: foxnewsFeb 27th, 2020

The Wall Street Journal: Wells Fargo will settle regulatory investigation of ETFs for $35 million

Wells Fargo & Co. agreed to pay $35 million to settle regulatory claims that its financial advisers recommended exchange-traded funds that were too risky for some clients......»»

Category: topSource: marketwatchFeb 27th, 2020

Exclusive: Wells Fargo-Favored Mortgage Master Blend Raises $130 Million

The fintech startup is darn close to achieving "unicorn" status. Blend has raised $130 million in new venture capital funding. The cash injection likely puts the San Francisco-based fintech startup within striking distance of ̶.....»»

Category: europeSource: fortuneJun 24th, 2019

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

Wells Fargo must pay $97 million for wage and labor violations

A federal judge on Tuesday said Wells Fargo & Co. owed money to home mortgage consultants and private mortgage bankers for not allowing them the br.....»»

Category: topSource: marketwatchMay 10th, 2018

CORRECTED: Wells Fargo must pay $97 million for wage and labor violations

A federal judge on Tuesday said Wells Fargo & Co. owed money to home mortgage consultants and private mortgage bankers for not appropriately compensating them for work br.....»»

Category: topSource: marketwatchMay 10th, 2018

Wells Fargo owes $97 million to California workers

A federal judge has ordered Wells Fargo to pay $97.3 million in damages to mortgage workers in California who weren't paid enough for their breaks......»»

Category: topSource: moneyMay 10th, 2018

Wells Fargo altered documents about business clients

Wells Fargo recently discovered that some workers altered documents about business customers, raising new concerns about the embattled bank's internal system of checks-and-balances......»»

Category: topSource: moneyMay 17th, 2018

Wells Fargo says hundreds of customers lost homes after computer glitch

Wells Fargo said it has set aside $8 million to compensate customers that were wrongly denied mortgage modifications......»»

Category: topSource: cnnAug 5th, 2018

Wells Fargo wants to dismiss former CEO Tim Sloan"s $34 million lawsuit

Wells Fargo seeks to throw out a $34 million lawsuit filed last year by former CEO Tim Sloan......»»

Category: topSource: bizjournalsApr 18th, 2024

PAMP It: Costco Selling Up To $200 Million In Gold Bars Per Month, Wells Fargo Estimates

PAMP It: Costco Selling Up To $200 Million In Gold Bars Per Month, Wells .....»»

Category: dealsSource: nytApr 10th, 2024

Wells Fargo"s mortgage banker exodus - Wall Street"s return to office - Crypto talent war

This week's top finance stories: Inside mortgage-banker exodus at Wells, battle for crypto talent, Blackstone's back-to-office pla.....»»

Category: personnelSource: nytMay 15th, 2021

Wells Fargo is experiencing an exodus of mortgage bankers. Insiders explain why.

Wells Fargo is dealing with significant departures among its to.....»»

Category: smallbizSource: nytMay 13th, 2021

Blackstone Mortgage price target raised to $36 from $30 at Wells Fargo

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 29th, 2021