wells fargo

OCC Head Wants To Loosen Regulatory Rules Placed On Wells Fargo
OCC Head Wants To Loosen Regulatory Rules Placed On Wells Fargo
October 31, 2017  |  Regulation

In banking news, Keith Noreika, the acting U.S. Comptroller of the Currency, is trying to make it easier for Wells Fargo to pay employees when...

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Wells’ Woes Seep Into investment Banking
Wells’ Woes Seep Into investment Banking
October 20, 2017  |  Personnel

More bad news for Wells Fargo: The financial institution has fired four foreign exchange (Forex) bankers following an investigation into that business by both the...

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Wells Fargo CEO Bullish On The Future
Wells Fargo CEO Bullish On The Future
October 19, 2017  |  Security & Fraud

Tim Sloan, Wells Fargo’s chief executive officer, believes the embattled bank will recover the growth it lost from its fake account scandal. In an interview...

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Wells Fargo To Pay $3.4M Fine Over Complex ETPs
Wells Fargo To Pay $3.4M Fine Over Complex ETPs
October 17, 2017  |  Bank Regulation

The Financial Industry Regulatory Authority (FINRA) announced news on Monday (Oct. 16) that it has ordered Wells Fargo Clearing Services and Wells Fargo Advisors Financial...

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US Banks Push To Improve Security Post-Equifax
US Banks Push To Improve Security Post-Equifax
October 16, 2017  |  Banking

In the wake of the massive hack of Equifax, U.S. banks are leveling up their anti-fraud game in response to the fact that 143 million...

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Wells Fargo Mixed 3Q Shows Some Traction In Cards
Wells Fargo Mixed 3Q Shows Some Traction In Cards
October 13, 2017  |  Banking

Wells Fargo’s third-quarter earnings report was marked with mixed results on Friday (Oct. 13), as the beleaguered bank — rocked by scandals tied to sales activities...

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Ohio Gives Wells Fargo Six-Month Time Out
Ohio Gives Wells Fargo Six-Month Time Out
October 13, 2017  |  Bank Regulation

Ohio announced that it is extending its ban on doing business with Wells Fargo because the bank “still has work to do” when it comes...

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Flexport Raises $110 Million With Plans for Trade Finance
Flexport Raises $110 Million With Plans for Trade Finance
October 12, 2017  |  B2B Payments

It’s been a big week for B2B startups on the venture capital front, with freight forwarding company Flexport emerging as the latest winner in the space....

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Wells Fargo Rolls Out Contactless Withdrawals At Thousands Of ATMs
Wells Fargo Rolls Out Contactless Withdrawals At Thousands Of ATMs
October 11, 2017  |  Payment Methods

Wells Fargo announced Tuesday (Oct. 10) it has rolled out a tap-and-pay near-field communication (NFC) functionally that works with more than 5,000 ATMs around the...

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