Wells Fargo
Wells Fargo
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.
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The $1.9 trillion-asset bank is under pressure to provide investors more information about when it expects to resolve the numerous headaches that have arisen in the wake of its phony-accounts scandal.
May 30 -
Comprehensive analysis of the banking industry's first big legislative victory since the crisis; lawsuits target banks with websites in violation of the Americans with Disabilities Act; what a homegrown app for millennials has to teach Wells Fargo; and more from this week's most-read stories.
May 25 -
Shari Van Cleave, head of Wells Fargo Digital Labs, says the bank is experimenting with artificial intelligence and augmented reality to create new ways to present data to customers.
May 25 -
While industry officials welcomed a bulletin from the Office of the Comptroller of the Currency encouraging banks to develop alternatives to payday loans, they are making no commitments to offer such products.
May 24 -
The bank found that mixing personal finance management with positive reinforcement allowed it to appeal to younger customers.
May 22 -
Lisa Frazier, an adviser to banks and startups, will succeed Steve Ellis, who is stepping down after more than three decades with the company.
May 22 -
CEO Tim Sloan said that the bank has "pulled back enough" on auto lending and is poised to grow the business again.
May 21 -
Bank of America on where its AI hopes (and worries) lie; Zelle founder Paul Finch announces his leave from the payments network; the one area where banks and fintechs want more regulation; and more from this week's most-read stories.
May 18 -
Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public.
May 18 -
Readers react to Wells Fargo’s CEO slamming the media, weigh in on regulatory relief, opine on gambling and payments and more.
May 17