Original post: Recently there has been many reports of unauthorized charges (1,2,3) on Bilt credit cards. The issue seems to only be affecting cards that are issued by Wells Fargo and not the cards issued by Evolve. A representative from Wells Fargo provided the following statement: We re...
I sincerely hope Wells Fargo addresses these issues and stops shifting standards, otherwise, legal action might become a necessary recourse. I look forward to a swift resolution that respects both our legal rights and needs. Date of experience: February 05, 2025 UsefulShare Advertisement PA Paul...
(Reuters) -Wells Fargo's latest regulatory rebuke for insufficient efforts to combat money laundering will probably prolong another ongoing major regulatory punishment that has limited growth at the bank, analysts said. Despite some progress fixing issues from a 2016 ...
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September 27, 2024 12 Comments by William Charles Credit Cards Wells Fargo has added Virgin Red & Virgin Atlantic Flying Club as a 1:1 transfer partner. One unique thing about this is there is no minimum amount of points that need to be transferred across, you can transfer a single point...
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The U.S. central bank's announcement marks the latest advancement by Wells Fargo to get out from under numerous regulatory restrictions following its wide-ranging sales practices scandal. Those issues and others at the bank compelled the Fed to impose an unprecedented $1.95 tr...
However, a confidential Wells Fargo sales quality manual that was last updated in August 2007 suggests the bank's compliance team was aware of issues even then. The document, used in a 2011 legal case against the bank, stressed that employees must obtain a customer's "express consent and ...
Alana Evans, the president of the Adult Performance Artists’ Guild (APAG), says that she has been a client with Wells Fargo in good standing for nearly 30 years, and has had no issues with the bank. In a video posted on Twitter Sept. 2, she tearfully read a portion of the letter ...
Wells Fargo executives don't expect the asset cap on the bank to be lifted until at least 2025, according to Reuters.19The order limiting Wells Fargo to a maximum of $1.9 trillion in assets was imposed by the Federal Reserve in 2016. It will stay in place until regulators deem that the...