Find answers to your top questions and get help with Wells Fargo products and services, online account services, and more.
and commercial loan demand remains weak, reflecting economic uncertainty and the expectation that rates will be lower in the future. Overall deposits declined slightly from the second quarter, but deposit balances in our customer-facing businesses continue to grow, which has enabled us ...
Wells Fargo fines add up to $1.7 billion, along with $2 billion in consumer redress for "illegal conduct" across several business lines. The CFPB has ordered the bank to pay up.
Wells Fargo fines add up to $1.7 billion, along with $2 billion in consumer redress for "illegal conduct" across several business lines. The CFPB has ordered the bank to pay up.
• Wells Fargo's cybersecurity team, which is part of the broader technology team, provides Front Line information security risk assessment and management and is responsible for protecting the Company's information systems, networks, and data, including customer and employee data, through the ...
"As we have said before, we and our regulators have identified a series of unacceptable practices that we have been working systematically to change and provide customer remediation where warranted," CEO Charlie Scharf said in a statement Tuesday. Wells Fargo said its settlement with the CFPB wi...
Made significant progress in reducing the total number of customer remediations we have to complete and in accelerating remediation payments to our customers In addition, Wells Fargo has achieved several important regulatory milestones over the past two years, which are indicativ...
contributions. Our full-year 2023 noninterest expense, excluding operating losses, is still expected to be approximately $2.2 billion, unchanged from the guidance we provided last quarter. As a reminder, we have outstanding litigation, regulatory and customer remediation matters that could impact ...
“If any of the $200MM [in proposed customer remediation] is left over, we promise to give it to charity—only after the CFPB and the OCC let us out of the consent orders. If they do not, no donation. Put the onus back on them,” Loughlin wrote. ...
Matt Trombley, customer remediation supervisor Big idea:Agonism —“taking a warlike stance in contexts that are not literally war” — plagues many aspects of modern-day life, from the way we look at our neighbors to the way we talk about politics. Can we work our way out of this divisiv...