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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This would be the bank’s first foray into credit cards; Wells Fargo says it won’t be able to comply with Fed requirements before next year.
May 11 -
Readers weigh in on the role banks play on gun control, chime in on Wells Fargo’s latest brand campaign, slam the idea of postal banking and more.
May 10 -
The embattled company said Thursday that the asset cap imposed by the Federal Reserve will likely remain in place through “the first part of 2019.” Is this a sign of further delays to come?
May 10 -
The irony of the explosive growth of mobile P2P is this: As consumers get more comfortable with paying one another through mobile devices, they're thinking of P2P less as a service that one should find within a bank's app.
May 10 -
Wells Fargo is adding a new tool to make its mobile app easier to use as the bank tries to keep Silicon Valley innovators from stealing more customers.
May 10 -
The bank said it kept fee rebates that should have gone to a small pension fund; some women say the company's “bro” culture hinders their advancement.
May 10 -
Wells Fargo must pay $97 million to home mortgage consultants and private mortgage bankers in California who didn't get the breaks they were entitled to under the state's stringent labor laws.
May 9 -
In letters to the six largest U.S. banks, the Ohio Democrat accused the banking sector of moving call center jobs overseas while reaping benefits from the recent tax cut law.
May 8 -
Amanda Norton will lead the charge to improve risk management at Wells Fargo after its phony-accounts scandal and other problems.
May 7 -
For the second time in a year, the scandal-scarred bank has launched a brand campaign aimed at restoring trust with customers.
May 7 -
Bank agrees to pay $480 million to investors related to the phony accounts scandal; Daniel Tarullo’s Fed departure called a turning point on oversight.
May 7 -
Today's senior leaders seem more willing than their predecessors to take bold stands on controversial topics, in part because employees and investors expect them to.
May 6 -
The class-action lawsuit filed by investors alleged that bank executives deliberately failed to disclose the full nature of its cross-selling practices to shareholders.
May 4 -
A New Jersey community bank has launched a campaign that takes digs at the megabank while highlighting its own values. Should others follow its lead?
May 3 -
The lawmakers are calling on banks to follow the lead of Citigroup and Bank of America in limiting their business with firearms dealers in light of recent mass shootings.
May 2 -
In addition to changing the name of the Consumer Financial Protection Bureau, the acting director wants to also nix public complaints; the good, bad and ugly in Zelle's ascendance; a case study for digital outage recovery; and more from this week's most-read stories.
April 27 -
Not a penny of the $1 billion fine against Wells Fargo will end up in the hands of customers harmed by practices flagged by regulators.
April 27 -
Wells may have tried to lure 401(k) customers into more expensive IRAs; Hensarling says he will go along with Senate version of Dodd-Frank rollback.
April 27 -
Readers weigh in on the action at Wells Fargo’s annual meeting, debate the idea of changing the Consumer Financial Protection Bureau’s name, chime in on a postal banking proposal and more.
April 26 -
Record originations on "better-yielding" used-car loans helped drive a 14% increase in its first-quarter profit. But Ally's shares were down Thursday on concerns of rising deposit costs.
April 26
























