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The impact of a scandal over fake accounts and mortgage-related investigations continues to drag on Wells Fargo — even as the banking giant benefits from a sweeping federal tax overhaul. Trying ...
When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...
Wells Fargo is still seeing fewer people at its bank branches as well as a decline in checking account openings as the scandal over its sales practices takes its toll. But there is a silver lining ...
Taking a break from the seemingly never-ending bad news on its massive fake account scandal, Wells Fargo is about to release its third-quarter earnings early Friday morning. The bank will have to ...
Wells Fargo’s fake-account scandal continues to haunt the big bank, exacerbating headaches caused by shrinking interest rates. Wells Fargo (WFC) revealed on Tuesday a 23% drop in third-quarter ...
The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech ...
Wells Fargo's efficiency ratio — which measures expenses as a percentage of revenue - rose to 61.2% in the fourth quarter, ... Sloan, who succeeded John Stumpf as CEO on Oct. 12, also warned that the ...
Wells Fargo's board of directors received "regular" reports since 2005 warning that most of the bank's internal ethics hotline complaints and firings were linked to sales violations.
Wells Fargo on Friday reported quarterly revenue and earnings that beat analysts' expectations, but details from its results seem to show the bank's recent fake-accounts scandal is starting to hit ...
As if Wells Fargo's poor showing Tuesday as Chairman and CEO John Stumpf appeared before the Senate Banking Committee wasn't bad enough, the unfolding scandal looks even worse as more former ...
NEW YORK (AP) — Wells Fargo is still seeing fewer people at its bank branches as well as a decline in checking-account openings as the scandal over its sales practices takes its toll. But there ...
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