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3 former Wells Fargo execs ordered to pay over $18 million in fake sales account scandal
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago.
Wells Fargo fraudulent customer account scandal resurfaces with three more former executives drawing OCC fines
The fourth-quarter earnings report from Wells Fargo & Co. was overshadowed by the disclosure of three more former senior executives being fined a combined $18.5 million by the bank's federal
Wells Fargo scandal: US bank regulator fines three former executives over fake accounts
The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted not to settle.
Three more former Wells Fargo execs fined for sales practices scandal
Bank regulators say a new round of fines is the final enforcement action against former Wells Fargo executives after the sales practices scandal that came to light in 2016.
3d
on MSN
Wells Fargo's profit beats on dealmaking rebound as it raises interest income forecast
Wells Fargo's profit beat expectations in the fourth quarter powered by a rebound in dealmaking activity and forecast it ...
American Banker
4d
Why investors seem giddy about once-troubled Wells Fargo
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." ...
2d
Wells Fargo eyes customer engagement initiatives, growth
The bank laid out digital enhancements to its mobile app and plans to generate growth as regulatory burdens lift.
4d
on MSN
Wells Fargo Raises Interest Income Forecast as Strong Dealmaking Drives Profit Beat
(Reuters) -Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and ...
13d
on MSN
Here's Why Wells Fargo Stock Climbed on Monday
The stock market was having a generally strong day to start the week, with the S&P 500 up by about 0.6% as of 2:45 p.m. EST.
Winston-Salem Journal
3d
Wells Fargo business exits strategy boosts fourth-quarter profit 47%
Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted ...
American Banker
1d
Fed pulls out of international climate policy group
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
5d
What to expect from Q4 earnings for Bank of America, Truist and Wells Fargo
Wells Fargo & Co. (NYSE: WFC), Bank of America Corp. (NYSE: BAC) and Truist Financial Corp. (NYSE: TFC) are scheduled to ...
4d
on MSN
Wells Fargo earnings climb as investment banking shines
Wells Fargo's profit climbed in the fourth quarter, buoyed by stronger investment banking earnings, it said on Wednesday. The ...
4d
on MSN
JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat ...
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