wells fargo

Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

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Wells Fargo Planning Corporate Banking Shakeup
Wells Fargo Planning Corporate Banking Shakeup
April 06, 2018  |  B2B Payments

Wells Fargo is looking at its corporate banking operations to consolidate and reduce costs, according to reports from The Wall Street Journal and Reuters on Thursday (April...

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Wells Fargo Divests Payroll Assets
Wells Fargo Divests Payroll Assets
April 03, 2018  |  B2B Payments

Wells Fargo reached an agreement to sell assets of its Business Payroll Services unit to Asure Software, the companies said in a press release on Monday...

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Red Flags Raised Over Potential NY Fed Appointment
Red Flags Raised Over Potential NY Fed Appointment
March 28, 2018  |  Personnel

John C. Williams, the president of the Federal Reserve Bank of San Francisco, is reportedly being tapped to replace the retiring president of the New...

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Wells Fargo Predatory Lending Lawsuit Allowed to Proceed
Wells Fargo Predatory Lending Lawsuit Allowed to Proceed
March 28, 2018  |  Legal

A federal judge has ruled that a lawsuit against Wells Fargo & Co. can proceed. The lawsuit accuses the third-largest U.S. bank of predatory mortgage...

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Wells Fargo Overhauling Risk Management Processes
Wells Fargo Overhauling Risk Management Processes
March 26, 2018  |  Bank Regulation

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally...

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Three Largest US Banks Add More Than $2.4T In Deposits
Three Largest US Banks Add More Than $2.4T In Deposits
March 23, 2018  |  Banking

Big banks are still doing big business: A Wall Street Journal analysis of regulatory data found that the three largest U.S. banks by assets have...

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How Wells Fargo Works To Meet Customers’ Changing (Digital) Expectations
How Wells Fargo Works To Meet Customers’ Changing (Digital) Expectations
March 23, 2018  |  Digital Banking

Seven out of every 10 Americans use banking apps at least once per week, but nearly as many say they are frustrated by banks’ digital...

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NEW REPORT: Wells Fargo On Leveling Up Its Digital Banking Game
NEW REPORT: Wells Fargo On Leveling Up Its Digital Banking Game
March 22, 2018  |  Digital Banking

Online and mobile banking interfaces have become must-have features for financial institutions in the digital age. Fifty-five percent of Americans have a full-service banking app...

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