Our customers depend on us to help them succeed on their financial journey. Our team members are the Wells Fargo brand and the foundation of our brand’s success. Our stagecoach symbolizes our strength and stability, and it’s recognized worldwide. It says to our customers, “We’ve been ...
WASHINGTON, July 17 (Xinhua) -- Wells Fargo is preparing to shed a number of its businesses as the U.S. bank tries to restore investor confidence in the wake of the fake account scandal, Financial Times reported on Sunday. "We get a little bit smaller, a little bit less complex and w...
WHAT DOES WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC (WFAFN) DO WITH YOUR PERSONAL INFORMATION? Question: Why is personal information used? Why? Answer: Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. ...
WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking accounts. T...
WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking accounts....
Wells Fargo agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau over customer abuses tied to mortgages, auto loans and overdraft fees, the regulator said Tuesday. The bank was ordered to pay a $1.7 billion civil penalty and "more ...
Reports the acquisition of unit for loan to small financing companies by Wells Fargo Financial from Washington Mutual Inc. in Des Moines, Iowa. Reason of Washington Mutual on sale of the business; Payment of the amount from...
Did financial regulators let Wells Fargo off the hook? “I accept full responsibility for all unethical sales practices in our retail banking business, and I am fully committed to doing everything possible to fix this issue, strengthen our culture, and take the necessary actions to restore our ...
Rachel succeeds Christopher Jordan, who will retire on June 30, 2023, following 35 years of service at Wells Fargo. Jinich is based in Washington, DC, and will report to Kara McShane, head of CRE.“Rachel is a strategic leader with an excellent track record supporting our CRE business, ...
Others were also skeptical that Wells Fargo had turned the corner. "I don't think that this is an all-clear for Wells Fargo because they have a considerable portfolio of loans on their books that are somewhat concerning," said Michael Farr, president of Farr, Miller and Washington. "They ...