Fed ends two regulatory punishments imposed on Wells Fargo in 2011
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.
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Wells Fargo hires JPMorgan executive as head of cards and merchant services
Before joining Wells Fargo, Olebe served as president of branded cards and led Chase's co-branded cards business. Earlier in his career, he held positions at Mastercard and American Express. Fischer, ...
American Express price target raised to $370 from $355 at Wells Fargo
Wells Fargo raised the firm’s price target on American Express (AXP) to $370 from $355 and keeps an Overweight rating on the shares. The firm ...
PayPal, Amex and Wells Fargo shake up leadership
PayPal and American Express both said executives are leaving the company and Wells Fargo said a long-time payments executive ...
Wells Fargo clears two more regulatory hurdles as asset cap remains
Regulators have closed nine consent orders against Wells Fargo since 2019. Just last week, the Consumer Financial Protection Bureau ended its 2022 consent order related to the bank's auto lending, ...