The Federal Reserve action comes 9 months after lifting the harshest punishment, the $2 trillion asset cap that kept the bank from growing.
(Reuters) - There is probably no broader problem in the U.S. banking industry over abusive sales practices, despite the penalties imosed on Wells Fargo & Co's recently, the head of a federal consumer ...
The Financial Industry Regulatory Authority has fined two Wells Fargo entities $2.25 million for failing to maintain customer identification program records in a proper tamper-proof format over a ...
The bank exited the $1.95-trillion asset cap last year, but it had remained subject to the rest of the eight-year-old order.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min “Getting back to ‘neutral ...
Wells Fargo says the economy is getting better — it sees signs of recovery in its loan business. But the big bank may be more of an exception than a leading indicator. Breaking from the cautious, even ...
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