Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by ...
Company (NYSE: WFC) announced today that it has successfully closed a consent order issued by the Consumer Financial Protection Bureau (CFPB) in 2022. The order, which pertained to the bank's ...
The Better Business Bureau currently gives Wells Fargo an F rating because it has received customer complaints on the BBB website and there has been government action taken against the bank.
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...
CEO Charlie Scharf says Wells is starting to generate growth in the consumer and business banking unit after years of little to no growth.
In 2022, the CFPB said it spotted violations across some of Wells Fargo's consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had improperly ...
Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty “arbitrary, capricious, an abuse of discretion, and otherwise not in accordance ...
A U.S. banking ... for comment. A Wells Fargo spokesperson did not immediately respond to a request for comment. Capitalize on high interest rates: Best current CD rates In a statement, the ...