Wells Fargo's CEO Tim Sloan stepped down Thursday after a rocky tenure during which the deeply troubled bank dealt with a seemingly unending wave of scandals. Sloan said in a statement he will give up ...
NEW YORK -- Wells Fargo will pay $575 million in a settlement with attorneys general from all 50 states and the District of Columbia that are investigating fake accounts opened without the knowledge ...
Wells Fargo said Thursday that an internal review of its potentially fraudulent bank accounts had uncovered a total of 3.5 million such accounts, some 1.4 million more than it had previously estimated ...
CHARLOTTE — Wells Fargo expects more job cuts as they ramp up using artificial intelligence. The company’s CEO told the Charlotte Observer that he is betting on AI to make banks more efficient.
The Federal Reserve just devised a harsh new punishment after Wells Fargo & Co. landed in scandal after scandal -- one that may haunt every big bank. The San Francisco-based lender had its rating cut ...
Amid a deluge of complaints that paychecks and other direct deposits weren't going through to customer accounts, Wells Fargo on Friday said it has corrected the issue and transactions should now be ...
It's becoming increasingly clear that the board of Wells Fargo got the memo that blaming low-level employees for a companywide fraud isn’t a winning strategy.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Wells Fargo CFO Tim Sloan said mortgage lending volume will ...
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