Wells Fargo on Tuesday disclosed that federal and state authorities are investigating its lending practices under a key small business relief effort to combat the economic damage from the novel coronavirus. Wells Fargo did not offer details on the probes, saying only that government agencies are ...
Powell, who was the Fed policymaker overseeing the Wells Fargo negotiations, voted for the penalties along with Yellen and Fed Gov. Lael Brainard. The Fed’s other board member, Randal Quarles, a Trump pick who began his term in October, recused himself from any matters involving Wells Fargo...
Wells Fargo Reported a $5 Billion Profit during One of the Worst Periods in Its HistoryIt's been a tough few weeks for Wells Fargo. The megabank isunder federal investigation after...services, From news
Federal agents are interviewing employees ofWells Fargo's wealth management division as the government expands its investigation of the bank's sales practices, according to a report Friday in The Wall Street Journal. The report said the FBI has interviewed some employees in the Phoenix area ...
SAN FRANCISCO, Feb. 21 (Xinhua) -- Major U.S. multinational bank Wells Fargo & Company said Friday it has reached a settlement with the federal government worth 3 billion U.S. dollars to resolve the bank's liabilities for a fake-accounts scandal. ...
Under its previous director, Richard Cordray, the CFPB was considering additional fines and penalties against Wells Fargo, but the investigation was frozen last month after Cordrayresigned from the federal watchdog agency, and Mulvaney took over. ...
For more information on protecting yourself from fraud and scams, visit the Wells Fargo Security Center To learn more about common elder fraud scams visit: AARP Scams and Fraud National Center on Elder Abuse Federal Bureau of Investigation, 2023 Elder Fraud Report Learn about other cyber threats ...
The ‘Ken Coleman Show’ host Ken Coleman discusses Biden's push to end remote work for federal employees on ‘The Big Money Show.’ Wells Fargo reportedly handed more than a dozen employees pink slips last month after an investigation found they were faking work. Bloomberg first reported Th...
Wells has been operating under strict federal guidelines for years, limiting its ability to grow. In 2018, the Fed capped the size of Wells Fargo’s assets after a series of scandals beginning in 2016 with the uncovering of millions of fake checking accounts its employees opened to meet ...
Federal Bureau of Investigation, 2022 Elder Fraud Report Wells Fargo Bank, N.A. Member FDIC. QSR-05092025-6087856.1.1 LRC-1023 Related Articles How to identify IRS tax scams Safety tips for mobile banking See More Protecting those you love Learn how to identify and help avoid financia...